cross-posted from: https://lemmy.ml/post/5708539
archive https://archive.ph/lOBFQ
What this basically means is that the Oligarchy has gotten most of their affairs in order to profit off the collapse and are getting ready let er rip.
Last time they said something like this, it was a year before the housing bubble crashed and the world financial markets shit the bed.
Can’t wait to see the new crisis.
I’m expecting this one will be a lot worse because the last one was stabilized by China buying up a fuck ton of US bonds. Fat chance of China bailing US out this time around. Not only that, but around two thirds of US bonds are held by the Global South, and these countries are now dumping the bonds.
They used to call this the Boom/Bust Cycle of Capitalism. But then economists rebranded it as “the Business Cycle” to downplay how accurately Marx described the Boom / Bust Cycle of Capitalism.
you what
