• GardenGeek
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    6 days ago

    Isn’t this the exact same thing happening durin all other finance crashes in the last decades? I don’t think the modus operandi is much different.

    • NottaLottaOcelot@lemmy.ca
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      6 days ago

      Exactly - rather than taking the opportunity to study how we could run a financial system that functions better and implement changes, regulatory bodies say that the problem is too big to warrant consideration. Every flipping time.

      • GardenGeek
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        6 days ago

        True

        To be honest I think this is a cyclic process only being interrupted when inequality and welfare become shitty enough to push a majority of individuals out of their comfort zone… that’s when revolutions happen. Ealier I don’t expect anything to change as the biggest players are allowed to continously shape the system in their favor.