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financetechbro 3 hours ago

We’re sadly living through the same thing right now

username135 2 hours ago | parent | next [-]

Time is a flat circle

kristianp an hour ago | parent [-]

Legends fade to myth, and even myth is long forgotten when the Age that gave it birth comes again.

colechristensen 2 hours ago | parent | prev [-]

And people won't point to the actual causes:

- The COVID free-money needed to be less and to end sooner

- The COVID restrictions needed to be less and end sooner

The disease didn't go away, we just at one point decided we were done with restrictions even though conditions didn't change.

We needed restrictions ONLY during spikes and more consideration needed to be given to the long term economic effects of COVID policies.

An example graph, when restrictions should have been on or off left as an exercise to the reader

https://wgntv.com/wp-content/uploads/sites/5/2022/01/tuedeat...

The problem is it became a non-expert political issue where people who knew meme-facts based on their social bubble only really argued absolutist policies against stone wall opposition.

We needed people in a minmax mode arguing about specific levels of risk vs reward to set optimums, instead you had 0 risk folks screaming at 0 restriction folks screaming back with the middle entirely excluded. (We'll STILL get people on both sides responding here)

ares623 4 minutes ago | parent [-]

I was in NZ during COVID. I was adamantly pro-lockdowns. In hindsight, it was a very selfish view. It benefitted my family directly and I was more than happy to follow the rules and scoff at those that didn’t.

I won’t claim to know what the appropriate response level should have been back then. But it is very clear that the whole affair has hurt and damaged people and society irreparably. The only winners are the wealthy who scooped up assets at never-before seen interest rates.