The US is facing an unprecedented decline in tourism revenue in 2025, standing alone among major global economies in this downturn largely due to the impact of the America First policy.
What a shit situation that they have Americans hoping their own country fails.
It’s like finding out your dog has rabies. You don’t really want to watch your friend suffer and you certainly don’t want it to watch it inflict this horror on anyone else.
I absolutely do not hope for a depression. You will NEVER see small business again. You will NEVER own a house. Our future will be utterly gone.
Would forestalling a plunge in GDP prevent that? It seems like our finance sector controls everything - lock, stock, and barrel. The only way out is for this system of suffocating domination to end. And that’s going to mean abandoning a fixation on (often fictitious) capital growth at all costs.
That doesn’t mean people will simply stop doing business with one another. It doesn’t mean personal homes done for.
It does mean that - on paper - GDP is going to fall, as all that hot air comes out of a FIRE sector inflated to the moon.
But it also means abolishing a ton of personal debts, ridding ourselves of bullshit jobs, and reorganizing our economic administration towards value creation rather than labor extraction
During a depression many people will die and the ones affected the most will be those that are already struggling under the current system. A depression will likely result in the currently rich becoming exponentially more wealthy, as they’ll have the resources to weather the depression
Play stupid games, win stupid prizes. As an American, I hope America falls into a depression.
What a shit situation that they have Americans hoping their own country fails.
I absolutely do not hope for a depression. You will NEVER see small business again. You will NEVER own a house. Our future will be utterly gone.
What we need is what can’t be said.
Rhymes with schmevolution
I just hope everyone in my family can buy food and medical care.
It’s like finding out your dog has rabies. You don’t really want to watch your friend suffer and you certainly don’t want it to watch it inflict this horror on anyone else.
Would forestalling a plunge in GDP prevent that? It seems like our finance sector controls everything - lock, stock, and barrel. The only way out is for this system of suffocating domination to end. And that’s going to mean abandoning a fixation on (often fictitious) capital growth at all costs.
That doesn’t mean people will simply stop doing business with one another. It doesn’t mean personal homes done for.
It does mean that - on paper - GDP is going to fall, as all that hot air comes out of a FIRE sector inflated to the moon.
But it also means abolishing a ton of personal debts, ridding ourselves of bullshit jobs, and reorganizing our economic administration towards value creation rather than labor extraction
I hope it ends with a Green New Deal
No one alive today has had to live through a depression; I don’t think you really understand what you’re saying
No, those of us in that camp know exactly what we’re asking for.
During a depression many people will die and the ones affected the most will be those that are already struggling under the current system. A depression will likely result in the currently rich becoming exponentially more wealthy, as they’ll have the resources to weather the depression
You may know, but you clearly don’t understand.
See Ileftreddit’s reply re: only the ones already struggling being most affected.
LAMF