

you’d think everyone would have caught on to this deliberate boom and bust cycle by now…the term itself comes from an investment strategy.
way way back in the day, bankers, who tended to be the most well-traveled/internationally connected and educated people around, knew that certain economies were fundamentally tied to others. if X disaster hit a certain industry, Y town would inevitably fall into ruin as liquidity dried up. so the savy investment bankers had this great idea of extending very generous loans to people in those vulnerable towns, whose livelyhoods were inevitably headed for ruin. them you swoop in, collect what debt you can, then get to get distressed assets extra cheap.
hell, this has been JPM’s speciality for centuries…it’s no accident they’re the largest bank in the world. they just so happened to be the most ruthless capitalists around, in the country where the bottom line is the only thing that’s really sacred









more career-family politicians are not what anyone in the US needs, you want actual change you need a Lincoln type.
working class roots whose class/privelage conscious, but also not ignorant/naive of The Game.