As I said, there aren't any collapses like that to be had. Heaven and Earth will be moved to make the smallest change necessary to keep things flowing as they were. Banks aren't allowed to fail. Companies, despite lengthy strings of missteps and billions burned on dead ends, still remain on top.

You can step away from the world (right now, no waiting required). But the world can remain irrational longer than you can wait for it to step away from you, and pushing for more irrationality won't make a dent in that.

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exe34 3 days ago | parent | next [-]

Oh I think the world will push me away at the next Android update. If I can't root/firewall/adblock/syncthing/koreader, the mobile phone will simply become a phone again.

	▲	TeMPOraL 3 days ago \| parent [-]
		Ain't that right, eh? It's not the end of the world. Just the end of a whole lot of nice and fun possibilities we've grown to enjoy.

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immibis 2 days ago | parent | prev [-]

Everything that can't go on forever will eventually stop. On the other hand, the market can remain irrational longer than you can remain solvent.

The basic governing principles of the economy were completely rewritten in 1971, were completely rewritten again in 2008, were completely rewritten again in 2020 - probably other times too - and there are only so many more things they can try. The USA is basically running as a pseudo-command economy at the top level now - how long do those typically last? - with big businesses being supported by the central bank.

The economy should have collapsed in 1971, 2008 and 2020 (and probably other times) as well, but they kept finding new interventions that would have seemed completely ludicrous 20 years earlier. I mean, the Federal Reserve just buying financial assets? With newly printed money? (it still has a massive reserve of them, this program did not end, that money is still in circulation and it's propping a lot of economic numbers up)

All predictions about when the musical chairs will end are probably wrong. The prediction that it'll end in the next N years is just as likely to be wrong, as the prediction that it won't. Some would argue it already has ended, decades ago, and we are currently living in the financial collapse - how many years of income does it take to get a house now? The collapse of Rome' took several centuries. At no point did the people think they were living in a collapsing empire. Each person just thought that how it was in their time was how it always was.