A Boring Dystopia

9709 readers

717 users here now

Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

Rules (Subject to Change)

--Be a Decent Human Being

--Posting news articles: include the source name and exact title from article in your post title

--Posts must have something to do with the topic

--Zero tolerance for Racism/Sexism/Ableism/etc.

--No NSFW content

--Abide by the rules of lemmy.world

founded 1 year ago

MODERATORS

[email protected]

1447

Poignant post on the state of things (lemmy.world)

submitted 9 months ago by [email protected] to c/[email protected]

355 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] -4 points 9 months ago* (last edited 9 months ago)

We haven't even begun to see just how fucking bad this incoming depression is going to be. We've staved it off for a long time by wildly printing money and shoving it anywhere it will fit since 2008 but that's over now.

It's going to be really, really fucking bad, and the cratering of the real estate market will only be the beginning. China is already feeling it.

During the last Great Depression, real estate was a hedge for the wealthy as they pulled out of the retail-overleveraged stock market that was starting to wobble while being at an all time high after the spanish flu, was mainly due to everyday joe investors with no fundamental understanding of company valuation investing in the financial recovery once everyone stopped dying all over.

DOES ANY OF THIS SEEM FAMILIAR?!?!??!