• edgemaster72@lemmy.world
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    1 year ago

    Pippin: What about the Great Recession?

    Aragorn: You’ve already had it.

    Pippin: We’ve had one, yes. What about second Great Recession?

    Merry: I don’t think he knows about second Great Recession, Pip.

      • pensa@kbin.social
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        1 year ago

        Yet, somehow the rich get richer, even in “once in a lifetime” economics crashes.

          • cmhickman358
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            1 year ago

            You know, if I was a cynic I would say that these “once in a lifetime” crashes might even be designed to wring even more money out of the working classes.

      • MagicShel@programming.dev
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        1 year ago

        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…