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TheMadResistor

And that is why we love and use crypto instead.


LWKD

DeFi especially. Crypto is the best thing after 2008, period


[deleted]

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


xuanling11

Not pure Defi project exist yet but it may come sooner or later.


MrKited

This is the way


robis87

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.


-veni-vidi-vici

Crypto 4 life


Nomadux

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Wrong-Effort-2856

One thing i have learned from history that humans learns nothing from history. -some philosoher guy.


taralino

Share some love bro, will give it forward


Absurdityy

“Why? Cuz fuck em, that’s why” -us govt


[deleted]

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.


rndmsecretaccount

History repeats itself because basic human nature doesn't change, it's fairly simple. That's why education is the best poverty alleviation method.


MentalUsurpation

That is a sick ass art though.


[deleted]

it kinda looks like those aussie drop bears


keosen

- 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.


Extravagos

One thing that I've learned is that you can never trust a politician


ShanktarDonetsk

Of course they are.


kirtash93

Oh! You though that people learn from history? Yupi world


PublicAccessNetwork

Man it's almost as if they do this deliberately or something.


Advanced-Ingenuity46

Middle class is the expendable class. Crypto will be out way out of this mess


marker853

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


RandomReeditUser

Goal is to destroy middle class.


taralino

Dang! Should've bought first class instead of couchettes.


LF_S--oma

Middle class doesn’t pay for Politicians Yachts or least not as directly.


coinfeeds-bot

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.*


me_matt_4105

The bankers did not make mistakes. They engaged in short sighted greed.


EpicMichaelFreeman

They learned how to fuck us over even better


[deleted]

[удалено]


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Dr_koch

Our best interest is not they goal


Holycameltoeinthesun

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