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Joined 1 year ago
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Cake day: July 22nd, 2023

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  • Gnubyte@lemdit.comto> Greentext@lemmy.mlAnon is tired
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    1 year ago

    Hmm.

    I think capitalism isn’t the problem nor is liking and consuming a product or experience. We have great products turned into entire experiences here in the US, and I’m not terribly upset anymore about it.

    The problem is the late stage unchecked capitalism running rampant. I think allowing individuals the freedom to pursue their ideas and allow others to even build livelihoods from it works great. But there’s gotta be checks and balances, its what the USA was founded on.


  • Go watch the big short. I think this is a globally free movie on YouTube https://youtu.be/cvdjXCCHdSQ

    Idk it might be a premium subscribers thing though. Regardless:

    Basically what the US did in 2008 allowing banks to bet on the success of the housing market and bet on their bet, and bet on the bet of the bet of the bet, they started doing AGAIN in 2015. Housing market is through the roof again just without the east approval process this time. It’s wild that the CDO infrastructure has been brought back since then.