|
| ▲ | suzzer99 13 hours ago | parent | next [-] |
| Yes, nothing in recent history gives me any faith that we'll all pull together in the face of economic hardship - as opposed to letting charlatan politicians put all the blame on already marginalized scapegoats. |
| |
| ▲ | D-Coder 9 hours ago | parent [-] | | Crashing the economy in order to put all the blame on already marginalized scapegoats may well be the point. |
|
|
| ▲ | vjvjvjvjghv 13 hours ago | parent | prev | next [-] |
| “ I believe people were on average stronger and more resilient people alive today” People step up very quickly once they have to face a difficult situation. A while ago I talked to Ukrainian about their war. He said some years ago he couldn’t have imagined living in a war zone but once it gets started you get used very quickly to drones flying over you, buildings in your town bring blown up, losing power for days, hiding in the basement. It very quickly becomes normality. |
| |
| ▲ | throw0101c 10 hours ago | parent | next [-] | | > People step up very quickly once they have to face a difficult situation. You have to have people that can step up: at least in the US, I do not see evidence of that. Not in the White House, not at the SEC, not in Treasury and Commerce. The most recent cataclysmic event (GFC/2008) at least had smart people around: Bernanke happened to be in charge and he was once of the foremost experts in the Great Depression. Paulson also had notable experience before Treasury. Who do we have now? | |
| ▲ | testing22321 10 hours ago | parent | prev [-] | | Some do, others sit down and cry until they die. Read “Deep Survival “ to get inside the heads of people going through severe hardship. |
|
|
| ▲ | UncleOxidant 11 hours ago | parent | prev | next [-] |
| More people back then knew how to survive by growing their own food, making (and mending) their own clothes, etc. Many were only a generation or two away from farm living where those kinds of skills were just part of every day existence. |
|
| ▲ | TurdF3rguson 5 hours ago | parent | prev | next [-] |
| > Having such a crash will be far worse for society then 1929 It wouldn't be as bad. People will lose their retirement savings but they won't starve. Jobs will be lost, but it's just a matter of time before they're lost anyway to AI. |
|
| ▲ | MyHonestOpinon 12 hours ago | parent | prev | next [-] |
| Today I learned about the Civilian Conservation Corps. (CCC) |
|
| ▲ | syntaxing 10 hours ago | parent | prev | next [-] |
| Pardon my ignorance, but what’s CCC? |
| |
|
| ▲ | readthenotes1 13 hours ago | parent | prev [-] |
| You sound like an old curmudgeon. Give me my avocado toast and exotic coffee carefully prepared in a French press and I can supervise other people clearing trails all day long (via Zoom--we're never so desperate as to need unnecessary sun exposure). Of course, I need my rebalancing hours of yoga in the morning and afternoon and personal time to ensure work-life balance. |
| |
| ▲ | jmclnx 10 hours ago | parent [-] | | I loved your post, it made me chuckle. But you may have misunderstood something I failed to bring across. Most people in in my generation, including me will have just as a bad time as yours should that crash occurs. The only difference is my generation will only endure it for a much shorter time than yours. FWIW, I hate everything avocado, but I will miss my bagels with cream cheese and hot chocolate with whole dairy whipped cream on top :) |
|
