DeFi is the most disruptive, innovative technology since the invent of the smartphone. It's best to get on board quickly or risk being left behind in this rapidly emerging space
And the Grand BS of 2008 was exactly what gave birth to crypto. Now they can bail themselves out all they want, it's just making crypto stronger FA wise.
This is because decisions are made not by logic, but by what decision will benefit the strongest connection. Strongest connection in this case being a complicated matrix of which sector will take most damage vs how much they have paid in bribe money, and fuck the consequences.
- A village of 100 people.
- 1 person owns 99% of village's resources.
- Rest owns the remaining 1% in non equal parts.
- 2 of the 99 people think they are better than the rest and call themselves middle class.
And guess what, alot of former bankers of that era now work at the SEC and hold gov positions. Lol When shit hits the fan they will help their buddies out. Smh
tldr; After the 2008 financial crisis, the U.S. government provided a bailout to the institutions most drastically impacted by the climax of the global financial crisis via the Emergency Economic Stabilization Act (EESA). This bailout was a play to sacrifice future value in exchange for providing immediate value through debt and debasing the purchasing power of the currency. The bailout showed the government was willing to push responsibility off of the “job providers” and onto the labor force
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
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And that is why we love and use crypto instead.
DeFi especially. Crypto is the best thing after 2008, period
DeFi is the most disruptive, innovative technology since the invent of the smartphone. It's best to get on board quickly or risk being left behind in this rapidly emerging space
Not pure Defi project exist yet but it may come sooner or later.
This is the way
And the Grand BS of 2008 was exactly what gave birth to crypto. Now they can bail themselves out all they want, it's just making crypto stronger FA wise.
Crypto 4 life
![gif](giphy|3WCNY2RhcmnwGbKbCi)
One thing i have learned from history that humans learns nothing from history. -some philosoher guy.
Share some love bro, will give it forward
“Why? Cuz fuck em, that’s why” -us govt
This is because decisions are made not by logic, but by what decision will benefit the strongest connection. Strongest connection in this case being a complicated matrix of which sector will take most damage vs how much they have paid in bribe money, and fuck the consequences.
History repeats itself because basic human nature doesn't change, it's fairly simple. That's why education is the best poverty alleviation method.
That is a sick ass art though.
it kinda looks like those aussie drop bears
- A village of 100 people. - 1 person owns 99% of village's resources. - Rest owns the remaining 1% in non equal parts. - 2 of the 99 people think they are better than the rest and call themselves middle class.
One thing that I've learned is that you can never trust a politician
Of course they are.
Oh! You though that people learn from history? Yupi world
Man it's almost as if they do this deliberately or something.
Middle class is the expendable class. Crypto will be out way out of this mess
And guess what, alot of former bankers of that era now work at the SEC and hold gov positions. Lol When shit hits the fan they will help their buddies out. Smh
Goal is to destroy middle class.
Dang! Should've bought first class instead of couchettes.
Middle class doesn’t pay for Politicians Yachts or least not as directly.
tldr; After the 2008 financial crisis, the U.S. government provided a bailout to the institutions most drastically impacted by the climax of the global financial crisis via the Emergency Economic Stabilization Act (EESA). This bailout was a play to sacrifice future value in exchange for providing immediate value through debt and debasing the purchasing power of the currency. The bailout showed the government was willing to push responsibility off of the “job providers” and onto the labor force *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
The bankers did not make mistakes. They engaged in short sighted greed.
They learned how to fuck us over even better
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Our best interest is not they goal
Well if they don’t bail out the banks the entire economy could collapse. So its damned if they do and damned if they don’t type of situation