It's very obvious that amerikkka is circling the drain now, but clearly this didn't just happen in a vacuum. It must've started crumbling at some point... but when?

Some people might say it started after 9/11, others might say it goes back to the Raegan administration. A few might even say it started after losing the Vietnam War, or when they went off the gold standard. Or maybe even earlier...

What do you think? three-heads-thinking

  • zed_proclaimer [he/him]
    ·
    6 months ago

    In 2020 they literally increased the money supply by like 20% by printing trillions of dollars and just handed it out to corporations to do stock buybacks. It certainly was completely captured by that point

    • Wheaties [she/her]
      ·
      6 months ago

      There was also the bailout of Silicon Valley Bank last year. It was a blink-and-you'll-miss-it headline, but man. Like Lehman Brothers, but the Federal Bank ahem Reserve stepped in before the bankruptcy actually hit the stock markets.

    • nohaybanda [he/him]
      ·
      6 months ago

      Yeah the response to the 2020 crisis was unsurprising. That war had already been fought and lost (or won, if you’re a finance ghoul)