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Joined 2 years ago
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Cake day: November 15th, 2023

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  • Same book described farmers letting good food rot because they needed to raise prices. If they gave the food away it would drop prices lower than they already were.

    Like you said, banks would take people’s homes and abandon them because they didn’t want to set the standard that you could take loans out and not pay them.

    Over 100 years ago the Great Depression proved without a doubt that capitalism is a garbage system and the only safety net it has is tax payer money.

    If a bank that’s “too big to fail” and they’re on a downhill path, why waste resources trying to dig themselves out when they know they’ll get a fat paycheck from the people.

    It’s insane to me that there’s middle/lower class people that defend this shit.