If you look, historically there was a big crash every ten years or so prior to the great depression. Then a whole bunch of financial reforms and regulations were put into place and we had about forty years of relative stability. And then in the 80’s and 90’s most of them were thrown out. And fuck me if we aren’t back to a regular cadence of crashes.
By my count this will be the fifth “once in a lifetime” economic crash in my lifetime.
Yay capitalism!
If you look, historically there was a big crash every ten years or so prior to the great depression. Then a whole bunch of financial reforms and regulations were put into place and we had about forty years of relative stability. And then in the 80’s and 90’s most of them were thrown out. And fuck me if we aren’t back to a regular cadence of crashes.
Something something history doomed something…
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When it comes to America, almost everything wrong can be pointed to the actions of one guy between 1980 and 1988.
Roger Stone?
Yet, somehow the rich get richer, even in “once in a lifetime” economics crashes.
Especially* in “once in a lifetime” economic crashes
They are an economic crisis to you. To them they are clearance sales.