Good. we NEED a great reset of the current system. Almost ALL of these companies have been built on "venture capital" seed money straight from the Federal reserve and printed out of thin air at the expense of all USD holders. Not just Americans but the entire world that's on the US dollar.
We should have hundreds of companies per sector, per industry, yet there's always only a few instead, with the illusion of competition in place. They were built on blood. Just one example would be Instagram. There are thousands more, but It was this poorly made image sharing app, there were 10 others just like it, some even had more features than Instagram, but due to the founders having lucrative connections, Facebook, a company which made no revenue, was able to find $1 billion and buy it outright. All thanks to the Federal reserve giving out loans to banks at near zero interest, then these banks loan to venture capital firms, then these firms buy up companies with their free money. It's feudalism all over again, just with extra steps and it has intensified within the last year at an astonishing rate. There is hardly any capitalism left. The people are bring squeezed out. The only reason the middle class exists, the ONLY reason we have enjoyed relative comfort in the past two to three generations has been exclusively due to the competitive nature of the free market and the ability to quickly shift industry, labor, and capital anywhere for anyone to do just as long as they are willing to do the work and risk their own time and money. This has been squeezed out and taken away by the likes of "venture capital" firms like black rock that are able to receive infinite money. This is why companies don't offer pensions anymore. This is why housing is so expensive relative to wages. This is why companies treat their employees worse and worse every year. Lack to an open market does that! This system DOES NOT WORK! wealthy elites need to learn how to preserve their wealth another way, not through monopolies or oligarchies like the Hasburgs did in Germany. Their businesses need to collapse to more competent competitors, they need to take risks, innovate and compete. that's how progress is made and the only way progress can occur.
Good. we NEED a great reset of the current system. Almost ALL of these companies have been built on "venture capital" seed money straight from the Federal reserve and printed out of thin air at the expense of all USD holders. Not just Americans but the entire world that's on the US dollar.
We should have hundreds of companies per sector, per industry, yet there's always only a few instead, with the illusion of competition in place. They were built on blood. Just one example would be Instagram. There are thousands more, but It was this poorly made image sharing app, there were 10 others just like it, some even had more features than Instagram, but due to the founders having lucrative connections, Facebook, a company which made no revenue, was able to find $1 billion and buy it outright. All thanks to the Federal reserve giving out loans to banks at near zero interest, then these banks loan to venture capital firms, then these firms buy up companies with their free money. It's feudalism all over again, just with extra steps and it has intensified within the last year at an astonishing rate. There is hardly any capitalism left. The people are bring squeezed out. The only reason the middle class exists, the ONLY reason we have enjoyed relative comfort in the past two to three generations has been exclusively due to the competitive nature of the free market and the ability to quickly shift industry, labor, and capital anywhere for anyone to do just as long as they are willing to do the work and risk their own time and money. This has been squeezed out and taken away by the likes of "venture capital" firms like black rock that are able to receive infinite money. This is why companies don't offer pensions anymore. This is why housing is so expensive relative to wages. This is why companies treat their employees worse and worse every year. Lack to an open market does that! This system DOES NOT WORK! wealthy elites need to learn how to preserve their wealth another way, not through monopolies or oligarchies like the Hasburgs did in Germany. Their businesses need to collapse to more competent competitors, they need to take risks, innovate and compete. that's how progress is made and the only way progress can occur.