Comment on International
krisevol@lemmus.org 4 weeks agoThe years following the gelatines were horrible for a 100 years. I think I’ll pass
Comment on International
krisevol@lemmus.org 4 weeks agoThe years following the gelatines were horrible for a 100 years. I think I’ll pass
umbrella@lemmy.ml 4 weeks ago
krisevol@lemmus.org 4 weeks ago
I can agree to that. The problem doing it today would be how to extract cash from the wealth of today’s billionaires. We could take out Elon and get morning on return because all his wealth is just ownership of companies that are all hype and no real profits. Someone like bezos would work because he does have a ton of assets ee could sell to China, but even then we wouldn’t be able to do much with it.
The trade off would be the loss of millions of retirement accounts when the stocks collapse, and the debt machine gets unwound.