• EightBitBlood@lemmy.world
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    2 months ago

    Yes. We are heading towards a crash. We are very much already in one, and have absolutley no way out.

    Trump killed all US international commerce with his TACO tariffs and is currently propping up a failing stock market by converting medicaid dollars into ICE / TECH BRO MILITARY funding. The stock market keeps doing great because our tax dollars are propping up companies like Google, Plantir, and Amazon through government grants instead of providing us a safety net. That money will run out eventually, but likely not before more CEOs are killed over it.

    Literally we are living through the gilded 1920’s again but with an American Hitler.

    We now have years of uncontrolled inflation well above target rates, a corrupt government, wealth inequality worse than the French revolution, and rampant unintelligent Tariffs hurting all international trade at the cost of every small business in America. These are the same factors that caused the great depression, and if you think it’s not going to happen again, you are wrong.

    We are a country being lead into disaster by the least competent people imaginable.

    • meowgenau@programming.dev
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      2 months ago

      wealth inequality worse than the French revolution

      When the creator of the Revolutions podcast was asked about the one theme that follows every revolution, he said that it was wealth inequality.

      If I remember correctly, the French revolution had three major elements that kicked it off the way it did: huge wealth inequality, a major event that hits the lower classes (in this case a drought that destroyed lots of crops and therefore caused a wheat shortage), and incompetent leadership that is unable to deal with said event. Looks like the US is getting there, step by step.