sibachian

joined 5 years ago
[–] sibachian@lemmy.ml 1 points 1 day ago

it's not just america. the entire west had to switch from the keynesian system to the friedman system after america and the uk's pinochet experiment. unfortunately friedmans system doesn't work if everyone does it; and the patch is currently to take advantage of the poor as new loan takers are born every day and it's currently the only way to inject more cash into the economy.

[–] sibachian@lemmy.ml 1 points 1 day ago (1 children)

when we (capitalist nations) stopped taxing the rich; it already started going south in the 90ies with the housing crisis and some radical adjustments that had been made to rights of business and the rich vs workers, and they had to find a way to keep re-injecting money into the economy now that infinite growth had come to a crawl because friedmans experiment in chile turned out to not actually work long-term. it's part of the reason why we had the bank crisis in 2008, and the UK was actually the cause of it, but iceland became the fall guy. they were lending out money that didn't exist, and the money you paid back was taken as profits. after the crisis, they had to figured out a new way to do it as they couldn't increase taxes on the rich (thanks reagan), and the new way was by lowering rates, dismantling social housing and similar services, etc. while artificially increasing house costs etc. this way - not only are there no affordable housing; but you are socially encouraged to take loans that you can't afford. so all these now socially acceptable burdens like house loans, car loans, school loans, etc. have been created solely to keep GDP going up and to re-inject money into the economy now that the rich gets to act like black holes sucking everything up from everyone else.

so, sure, it's the poors fault that friedman economics put in action by reagan didn't actually work and they had to patch it by forcing the underclass (new suckers born every day who are eventually forced to take a loan and re-inject into the economy) in an infinite growth economy with finite resources.

[–] sibachian@lemmy.ml 1 points 2 days ago (3 children)

i mean, if your not astroturfing then don't spread disinformation?

[–] sibachian@lemmy.ml 2 points 2 days ago (2 children)

this is a bit bigger than joe smoe overspending on his credit cards.

[–] sibachian@lemmy.ml 12 points 4 days ago (9 children)

this is the 6th time in the past 2 days i see this argument. blaming the people for using the system that has been forced on us over the past 20 years to bolster GDP.

i smell an attempted narrative change.

[–] sibachian@lemmy.ml 4 points 2 weeks ago (1 children)

I found Heroic today. Same games that won't run on Lutris won't run on Heroic either. The biggest disappointment was that it crashed a few times and I gave up entirely when it froze up. I'm not saying Lutris is flawless, it certainly isn't, but my experience overall has at least been acceptable.

[–] sibachian@lemmy.ml 2 points 2 weeks ago

people have already forgotten that trump was already going to leave nato last time he was in power and would have if he'd won instead of biden. which essentially forced putin to invade at the worst possible time for them or risk waiting until 2026 for another opportunity assuming trump would even win again.

[–] sibachian@lemmy.ml 6 points 2 weeks ago (1 children)

seems luigi didn't make the message loud enough.

[–] sibachian@lemmy.ml 1 points 2 weeks ago (1 children)

it's called a forced ipo and if's a thing in the US specifically.

[–] sibachian@lemmy.ml 2 points 2 weeks ago (6 children)

at a certain size companies are required to go public. and indeed, as a public company your first and only responsibility is ensuring shareholders can grow capital based on nonsense quarterly projections.

[–] sibachian@lemmy.ml 2 points 2 weeks ago

this is almost what has been happening in my country.

[–] sibachian@lemmy.ml 14 points 2 weeks ago (2 children)

i wrote a short story a decade ago where people temporarily rent out their brain to act as a global scale bio super computer. and how people were large scale cheated into needing to rent out their brains for the rich to exploit.

i have to find where i put it!

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