• Jankatarch@lemmy.world
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    5 days ago

    Stocks are their own entire economy for the rich people at this point. Just don’t give gamblers bailouts they don’t need and we will be fine.

    • ThePyroPython@lemmy.world
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      5 days ago

      Better hope you have zero money sent through or stored in a bank or pension fund and you don’t have a mortgage yourself or your landlord doesn’t have a mortgage or your employer doesn’t have a mortgage or business loan and doesn’t use a bank.

      The correct response is what Iceland did: government bails out the bank’s customers, takes ownership, and actually jails the c-level wankers bankers.

      Because like it or not, you’re still part of the financial system unless you’re currently sat in a self-sufficient earth-ship borrowing some else’s WiFi connection.