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Yeah... Bank failures... Bunch of CEO's and incestuous Boards coordinating layoffs with one another. Skyrocketing inflation. An economy planner (the Fed) act
by salawat 4y ago
Yeah...
Bank failures...
Bunch of CEO's and incestuous Boards coordinating layoffs with one another.
Skyrocketing inflation. An economy planner (the Fed) actively conspiring with the capital class to increase unemployment?
Economy largely reliant on a class of worker that is basically an "indentured servant".
Labor strikes for better working conditions (railroads) cracked down on by the Feds.
TBTF or bust being the end all be all for institutions, with no reciprocity or stakeholder loyalty.
A fundamentally Ponzi-like social safety net in the midst of a demographic collapse. Ballooning national debt with servicibility realistically in question.
Yep... Super nice economy you got going there. Why am I supposed to see this as the greatest economy out there when any positive metric is fundamentally built on scummy behavior? If you cheat to get the top, it ain't worth celebrating. It's just shitty people exploiting people who can't afford to be shitty to one another.
Maybe try taking a step back and looking at things objectively, so you can see that there's more to it than the rosy bits you seem to be hyperfocused on.