• themeatbridge@lemmy.world
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    9 months ago

    Consider that we easily could have spent the same amount of money and given it directly to taxpayers. Then we all could have paid down our mortgages and loans, and real estate values could have returned to a reasonable level, and banks would not have been in peril.

  • TheAlbatross
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    9 months ago

    Do you think another Great Depression would be a good thing?

    • 3volver@lemmy.worldOP
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      9 months ago

      No, but I think unfortunately sometimes we cannot get to the good things without facing bad things first.

      • protist@mander.xyz
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        9 months ago

        Exactly! I’d gladly live through another Great Depression if we’d get to experience the paradise of another World War at the end of it

        • Spacehooks@reddthat.com
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          9 months ago

          people forget that Hitler solved some of Germanies problems. Literally made Germany great again and was Times man of year at one point. This only happened because of Germany was going through such bad times. Let’s not remix history.

  • Atin@lemmy.world
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    9 months ago

    Rather than bailing the banks out they should bail out the mortgages for owner occupied houses. That way people won’t be thrown on the streets because their bank was acting predatory.

    Then jail the bankers and financiers that cause depressions and seize their assets to cover the bail out.

    • Savaran@lemmy.world
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      9 months ago

      Right? It’s not the bailout that upsets me, it’s how they did it and the fact that all the bankers executives weren’t jailed and prevented from working in financial markets again indefinitely.

  • Lividpeon@kbin.social
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    9 months ago

    OP thinks a bunch of Americans deserve to punished (potentially die), not because of any of their actions, but because the government and private groups (who will be the least effected) victimize said Americans. The beatings will continue until the economy improves, fucking genius.