The longer the crash takes to happen, the more malinvestment that is occurring, the more painful the recovery to be. If you want this to be as painless as possible, you want the crash to happen immediately.
We need some kind of massive reset in this economy, we can’t just keep line going up. The current economy is built on eggshells and even if the tech industry doesn’t implode, there are plenty of other things happening that will cause one anyway. We WILL have a full blown recession/depression again. It’s just a matter of when.
What about the rest of the country getting mega fucked? Where did you work in 2008? Did you own a home? Do you know what it was like?
I’m not saying these asshole deserve it, but I’m scared of going through 2008-2013 again.
Not the country the world.
The longer the crash takes to happen, the more malinvestment that is occurring, the more painful the recovery to be. If you want this to be as painless as possible, you want the crash to happen immediately.
I was very aware of what 2008 was like.
We need some kind of massive reset in this economy, we can’t just keep line going up. The current economy is built on eggshells and even if the tech industry doesn’t implode, there are plenty of other things happening that will cause one anyway. We WILL have a full blown recession/depression again. It’s just a matter of when.