What would you do and what's the last thing you'd give up if the economy completely crushed you?
in Close to Politics ·
wanderingcrane5 said:I’m with you on most of that, except for the part where you say you hope this isn't the last crisis. God forbid we get hit with another one like the ones I've already had to deal with.
But look, on the flip side, there's truth to what you're saying because these crashes do force society to improve. They act as a reality check for arrogance and people who think they're untouchable. Back during the Sanders era, when everything felt like this fake, hollow celebration, the thing that pissed me off the most was how everyone suddenly thought a new age had dawned—an era of endless prosperity for everyone. People were blowing cash left and right, building massive luxury condos, and completely ignoring the fact that such a lifestyle wasn't sustainable. Hopefully, they've finally come back down to earth.
Unfortunately, the ones hitting the ground hardest are usually the ones who didn't cause the mess in the first place. When cash was flowing, everyone spent it recklessly—including business owners who failed to reward actual innovators, thinking they were the only reason their balance sheets looked good. But once things tanked, suddenly everyone is expected to shoulder the burden. They should be sharing both the wins and the losses; companies shouldn't be paying peanuts while only the CEO stays in the black. I guess they don't realize that higher wages mean more spending and better circulation, which eventually benefits them too. If everyone is stuck with pennies, who's left to spend? They're just being foolish, I suppose.