Remember that scene at the beginning of It’s a Wonderful Life, where people are all desperately trying to get into the bank because if it fails before they get in, they lose their money? That’s what the FDIC prevents.
This post uses a gift link which may have a view count limit. If it runs out, there is an archived copy of the article available
Calling it now.
2026 with the economy in free fall and the Republicans about to be voted out of office, he will make his move to fully seize control and declare martial law to stop elections.
The moves they are talking about will absolutely destroy the economy and plunge us into the abyss.
I’m looking at the positive side of societal collapse. If there are no banks, then I don’t have to pay my mortgage.
Worst case. Inflation eats the mortgage until it’s just chump change.
or another financial crash/bailout in 5-10 years
I guess the positive is that if the economy is that fucked they might not have the money to resist the guillotine crazed hordes. Personally I think an ill measured rope would be the best method
Man I beat you to that by at least a month.
I don’t care anymore, let it crumble.