this post was submitted on 16 Apr 2024
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United States | News & Politics

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U.S. economy will see 'more things break' in 2025 if rates stay high, strategist says (www.cnbc.com)
submitted 5 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 1 points 5 months ago (1 children)

Nah, companies are supposed to fail regularly, it's not capitalism when you fuck with that and save companies that failed.

[โ€“] [email protected] 0 points 5 months ago

Capitalism is just a set of agreed upon rules that society evolves within. What we are seeing happening is the direct result of this system operating in practice. The reason the government is bailing out companies is precisely because the government represents the interests of the class that holds power, which is the capitalists.