• stoly@lemmy.world
    link
    fedilink
    arrow-up
    0
    ·
    7 months ago

    If defaults rise, the problem could swell into a full-blown banking crisis, experts warn.

    Oh no, the economy will adjust. Anyway, where’s my avocado toast.

    • PsychedSy@sh.itjust.works
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      We don’t let economics actually work if rich people are going to lose money. We just filter money up from the rest of us to fix the shortfall.

    • chuckleslord@lemmy.world
      link
      fedilink
      arrow-up
      0
      ·
      7 months ago

      Like, they’ll get bailed out. Can we make sure the rest of the economy (namely, the labor that makes the whole thing work) gets through this without hurting as well? Seems doable, definitely beneficial.

      • Ragnarok314159@sopuli.xyz
        link
        fedilink
        arrow-up
        0
        ·
        7 months ago

        Of course not. Labor must pay for the mistakes of over leveraged commercial space that has slower internet than most homes.

        We all must return to the office so Brenda has a captive audience to talk to about her cats and then we can listen to Peter belch in tones slightly lower than whale calls for hours on end while he eats microwaved tuna.