| ▲ | fransje26 a day ago | |
"Worse" won't even start to describe the economical crisis we will be in once the bubble bursts. And although that, in itself, should be scary enough, it is nothing compared to the political tsunami and unrest it will bring in its wake. Most of the Western world is already on shaky political ground, flirting with the extreme-right. The US is even worse, with a pathologically incompetent administration of sociopaths, fully incapable of coming up with the measures necessary to slow down the train of doom careening out of control towards the proverbial cliff of societal collapse. If the societal tensions are already close to breaking point now, in a period of relative economical prosperity, I cannot start to imagine what they will be like once the next financial crash hits. Especially one in the multi trillion of dollars. They say that humanity progresses through episodes of turmoil and crisis. Now that we literally have all the knowledge of the world at our fingertips, maybe it is time to progress past this inadequate primeval advancement mechanism, and to truly enter an enlightened age where progress is made from understanding, instead of crises. Unfortunately, it looks like it's going to take monumental changes to stop the parasites and the sociopaths from making at quick buck at the expense of humanity. | ||
| ▲ | BeFlatXIII 13 hours ago | parent [-] | |
Year zero now. Reset real estate prices due to sudden lack of demand. | ||