Socialism for the rich. Capitalism for the people.

… by thinking that securitization could diversify away the risk of lending to people with no income. And when home price declines threatened to destroy the financial system, it was taxpayers that footed the bill (even as they struggled mightily to keep their own jobs), and bailed out the banks. Side note — if our tax dollars bailed out the banks, shouldn’t we get some equity? When Warren Buf…
Stop Treating Normal People Like Economic Shock Absorbers!
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Tony Yiu
Oz Zeren
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Jul 26, 2022
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Socialism for the rich. Capitalism for the people.
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Written by Oz Zeren837 Followers
·717 Following
Writing for a better future. I work in Tech. I like Philosophy, History, Computers, Gaming, the Internet. I’m excited about the Creator Economy, Web 3.0, DAOs.
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