• Ms. ArmoredThirteen@lemmy.zip
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    11 hours ago

    economy to the brink

    bubble burst

    going to decimate the US

    Please, stop, I can only get so wet

    On a more serious note I think not only will this happen at some point, there is no way to avoid it. Either capitalism continues unchecked until we wipe ourselves out, or we fight to replace it. Even if we do keep capitalism and somehow don’t wipe ourselves out it naturally creates a cycle of societal abuse so these bubbles and depressions will continue

    I think of hill climbing algorithms a lot. Basically you look in your immediate vicinity and if you see something better you go that way, and you keep doing that until every direction you look is down meaning you’ve reached the top of your hill. The problem is you can’t necessarily tell if you’re at the highest peak or not just that you’re at a peak. To get out of that local peak and to something better you have to go downhill. Most systems that seek incremental improvements have this problem. I think we did the peak capitalism already and it is time to go downhill in search of a better peak. “It gets worse before it gets better”

    In my opinion, the best we can do at this point is prepare for the global shitshow as best we can. Build community, move away from capitalism and the US, then try and stay course toward something better while it is going to shit around us. It would be great if we could prepare enough to prevent as much suffering as possible but we’ve gotten backed into a corner and are on a very serious timer before the planet is broken for good; so I don’t know what the balance is between preparing and ripping off the bandaid

    • thanksforallthefish@literature.cafe
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      10 hours ago

      It would be great if we could prepare enough to prevent as much suffering as possible but we’ve gotten backed into a corner and are on a very serious timer before the planet is broken for good; so I don’t know what the balance is between preparing and ripping off the bandaid

      Whole heartedly agree with the entire post.

      If we start preparing for it now, we might just be able to prevent bloody insurrections in our countries, unfortunately I’m in the UK and have zero faith in our politicians being able to pull their heads out of the sand long enough to address. On the plus side our new PM is slightly less of a moron than his predecessor, but I doubt it is enough.

      • zlatko@programming.dev
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        3 hours ago

        You’re right, I think most of the Western world politics is too dependent on the capital and that is dependent on the US markets. When the entire thing crashes, it’s going to be bad. I’m pretty sure I’ll be among those people affected, I’m in software, working (remotely) for an US firm. That was after recently losing my job due to failed investment. My wife’s job just got “restructured” as well, and it’s the second time in three years as well.

        Not sure how we’ll deal. I should be making plans on what to do when I lose the house and everything else. I kinda know it but I’m not sure what can I do.