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posted ago by PolishBaldEagle ago by PolishBaldEagle +43 / -0

So i was thinking recession and comparing the last 2008 one with what is long overdue. Some may claim that 2020 was a recession but thats false.

My theory is this... Whats the most efficient way to bankrupt a mass group of people and shift wealth back to the 1%? A recession is temporary and smart and savy people can capitalize on it... The way i can see it being done (and happening now) is, pump the markets BIG, pump the economy sooo fucking hard with everything you got, tell everyone that were doing great, MAJOR optimism (with all investors), and then let it all collapse harder than matter sinking into a black hole. So hard that EVERYONE, including your 8 year old, will be looking for bail outs AND the little money you have left is soo inflated that its barley enough to live off of. therefore, being even more dependent on government hand outs... aka "Stimulus"

Some may think that Crypto is that answer... Sure its decentralized, but who owns most of the market share? I can assure you that its not normies... The moment "they" want to dump bitcoin, or XRP, or anything else, your'e left holding the bag... Crypto is just as vulnerable to tanking regardless of its market caps and decentralization.

As for economy, 11 trillion dollars was printed last year. We virtually DOUBLED our nations debt IN 1 YEAR! and with that doubled debt, we have yet to see fiat currency inflation by much (except with whats happening with housing)

Whats the solution to maybe saving a HUGE recession and "reset"? Well, our politicians fell into the honey pot, they love it so much that they dont wanna get out, but it is up to us to drag them out and replace them.