Hold on to your butts.

  • Xanza@lemm.ee
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    4 days ago

    This crash has to be so bad that the next US President that even so much as hints at wanting to use tariffs for any purpose other than what they’re intended for, would be personally walked to the gallows.

      • Victor@lemmy.world
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        4 days ago

        I heard a lot of conspiracy theories by now, that frankly portray mostly the same concepts in a pretty convincing manner, that say that this is exactly what they want to happen. And that’s pretty damn scary.

        Basically a new world order where everyone is poor and the billionaires control the world as the new monarchs. They take the world not by violence but by systematically destroying the world economy and having enormous amounts of money themselves.

        Pretty freaking scary if true, because all the steps are apparently working splendidly.

        • douglasg14b@lemmy.world
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          4 days ago

          It’s for sure plausible.

          Whenever a collapse happens, the rich get richer by buying up cheap assets, like houses and land.

          And since corporations are immortal, these assets will forever be owned by them generations into the future.

          It’s fiefdom, except that it’s much MUCH more stable over time given modern economies.

          • Cryophilia@lemmy.world
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            4 days ago

            If and only if the corporations can maintain control of the government, which has the power to destroy them.

            They’ve had total control for almost a century, so that’s fairly stable, but it still would only take a few motivated populists to wrest control.

    • douglasg14b@lemmy.world
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      4 days ago

      This has happened once every 100 years or so. And each time it’s a complete disaster for the country.

      Give it another 100 and history will just repeat itself again

      • SoftestSapphic@lemmy.world
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        4 days ago

        I’d like to think we would have enough sense this time to setup a system to perpetually redistribe excess wealth

      • Valmond@lemmy.world
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        4 days ago

        Say you don’t believe in extreme longevity without saying you don’t believe in extreme longevity 😁

    • MTK@lemmy.world
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      4 days ago

      Lol, we are not even half a year in to his 4 year term, what do you mean “the next US President”?

          • Victor@lemmy.world
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            3 days ago

            1/16th of the way done. My gawd. It feels like eight years already. This is gonna be a long wait, you guys. And it’s not gonna feel like it’s over when he’s gone, either.

            I’m gonna celebrate on his death day, mark my words. It will be a party. Maybe a barbecue? Yeah.