Consider that we easily could have spent the same amount of money and given it directly to taxpayers. Then we all could have paid down our mortgages and loans, and real estate values could have returned to a reasonable level, and banks would not have been in peril.
Stop downvoting the actually unpopular opinions people
It’s not enough to be unpopular. It also has to be rationalized. An explanation articulated.
Without that, it’s just edgelord bullshit, and edgelord bullshit should always be downvoted.
I don’t owe you an explanation, keep downvoting and calling everything you disagree with “edgelord bullshit”.
I think that your message is pretty clear if they’re not somebody trolling on the internet asking everybody to reason things out for them. It must be so withering for them to wander through life hearing things and not being able to reason any of it out. I agree with your unpopular but factual opinion, based on our voting and actions as a herd we likely do deserve another great depression whether we think it’s good or bad. A reversion to the mean is not “edgelord bullshit”, simply a basic understanding of fucking economics. It may be an unpopular opinion, but there are plenty of people who do have some knowledge and experience in the world who are equally concerned that we don’t change our policies, because that would be the only thing that stops us from actually getting a reversion to the mean and a depression cycle
Maybe you do! I personally do not feel that I deserve any such thing…
Rather than bailing the banks out they should bail out the mortgages for owner occupied houses. That way people won’t be thrown on the streets because their bank was acting predatory.
Then jail the bankers and financiers that cause depressions and seize their assets to cover the bail out.
Do you think another Great Depression would be a good thing?
No, but I think unfortunately sometimes we cannot get to the good things without facing bad things first.
Exactly! I’d gladly live through another Great Depression if we’d get to experience the paradise of another World War at the end of it
people forget that Hitler solved some of Germanies problems. Literally made Germany great again and was Times man of year at one point. This only happened because of Germany was going through such bad times. Let’s not remix history.
