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Fundamentally wiping out shareholders and most of bond holders bonds is a good thing. It keeps markets healthy and honest. Excuses about pensions is just excuse
by Ekaros 3mo ago
Fundamentally wiping out shareholders and most of bond holders bonds is a good thing. It keeps markets healthy and honest. Excuses about pensions is just excuses from gamblers.
- 2OEH8eoCRo0 3mo agoThe boom/bust cycle is the Faustian engine of innovation. Take away the risk of busts and we have fake capitalism without innovation or renewal.
- cyanydeez 3mo agoremember during covid it was deemed acceptable for the elderly to die for the economy? We need that, but for useless corporate slop that's now relaceable by useless AI slop. Slop In, Slop Out (SISO)