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This kills the GDP. Good work trump
Good. I hope we tank further. This is the only thing that will stop the creep of fascism. Over the rich realize they are losing money, and they are already, they will pull it back.
The problem is it won’t stop fascism. The rich aren’t actually losing much money.
I mean they are because the economy goes down and we stop spending money the rich do actually lose money and if they're paying more to have things made..
But they have billions, and can shift investments. Right now is weird because everyone is uncertain, but companies will adjust and profit, not go under.
Nokia started out as a pulp mill in Finland. Companies will just change, as they have for millennia. The only people who actually suffer are you and I
But you see we have had numerous businesses fail especially in the last 10 to 20 years that have long histories. They're not immune from failure while some may be able to shift and move many do fail and many people do lose millions and millions of dollars.
Like which ones?
Google is your friend. I'm not naming all the companies that have failed in the past 20 years. But if you want 2, Lehman Brothers and Washington mutual. 100+ year old companies that crashed and burned.
Washington mutual sold their business to chase. The people who owned Washington mutual became even richer. The fact that Washington mutual failed did not impact the people who own it at all. That is what I’m saying.