Once-in-a-generation

and every time the rich get richer, funny that.

It starts to make sense when you realize that each of those events is basically a fire sale for billionaire investors.

Just look at income inequality before/after each of those events.

Crisis seems like the natural operating mode of c*pitalism

I don’t think boomers are very good at running things.

what did you expect? You were born in 1984 ;)

https://en.wikipedia.org/wiki/Nineteen_Eighty-Four

edit: added link to book

I don't mean to be that guy, but look which US political party was in charge for each of those dates...

It’s the same crisis, in various stages of escalation. The rich are squeezing more and more of the lower and middle class all over the world, and there is almost nothing left to squeeze.

The next few years will bring a massive collapse in government services (the USA is starting) for ordinary people, because that is one of the last things that the rich can still squeeze out.

After that, there will be only the ultra rich and the destitute poor left; and the ultra rich will only be able to take from each other.

This will mean war, and they will send you all into it.

Unless we stop it now. Tax the rich.

Don't forget - you were also BORN into a once in a generation economic crisis: The savings and loan crisis of the 1980s and 1990s was the failure of approximately a third of the savings and loan associations in the United States between 1986 and 1995. These thrifts were banks that historically specialized in fixed-rate mortgage lending.

https://en.m.wikipedia.org/wiki/Savings_and_loan_crisis

I don't know who came up with this "once a generation" bullshit, but you can see that economic crises were more often than once a decade in 20th century https://en.m.wikipedia.org/wiki/List_of_economic_crises#20th_century

This hits too hard. I was born in 83, so even the ages line up.

And the wealthy manage to come out on top every single time.

Capitalism cannot continue to exist without it begging for socialist bailouts.

Just proves that socialism is superior. It can even float a shit system like capitalism as it continues to fail.

I'm tired, boss.

This message is brought to you by the Storm of the Century and the hotest year in history. Available to you every year.

Don't worry tho, because although everyone's broke as shit, the houses you bought in the 90s when you were a young child are worth like 10 times as much now!

I understand now.

You start noticing this pattern after some decades.
Always accompanied by "we need to temporarily tighten the belt now to keep our properity for the following generations".
The period before is sold as a great economic time, despite that they called it a crisis back then and also 'needed' austerity measures to get back to the prosperity of the previous period.
The western standard of living has been destroyed bit by bit since the post WW2 period with this tactic, not for the multinationals, banks, stock folks OC, that's where the stolen money goes to.
The ones in power telling us in their paid press how great 'the econonomy' is doing bcs stock line go up and BS GDP up.
In reality that means more billions in the pockets of a few oligarchs while income equality is growing.

Well, if US attacks Canada, Greenland, Panama, Greenland and Iran, then we will see once in 10 generation stuff !

....fucked

This tracks as generation’s are getting increasingly closer together now. I’m supposedly the same “generation” as people who graduated from school before I was born. Last few years there’s a new generation every few months - zoomers, generation alpha, beta cucks, etc.

2002: We lost the house 2008: got evicted from apartment 2020: dad died from covid 2025: let's see how it goes this time

Wait, I miss this, did a new recession just drop?

Me when capitalism

"Funny"

What happened in 2002? Was that from the war on terror?

For your own mental well-being, stop reading the news. Unsubscribe and block all news communities.

Kind of seems like the lesson is to buy the dip.

Ill give a small example here how I know we are fucked. I leased a vehicle for 1900 a month back in 2022, the lease is up in October. I just bought a new 100,000 dollar truck today, I'm over 200,000 in debt already with barely enough to cover my monthly payments. They should not have given me this truck. But I'm a business, they give me anything. Sure I'll make 2 mill this year but they never once asked anything once I said a company was buying it. I'm personally saving money on this transaction but the fact that the financial system allowed this to happen worrying to say the least.

It’s almost like granting a supreme veto to a single, wholly imaginary ideology, and positioning it as a monoculture for how society values activities and production, is problematic.

We apparently did away with it once before through the separation of church and state, maybe it’s time to force the separation of bank and state.

You literally stated the story of my fucking life.

To make matters worse, well, for my generation here in Denmark, 1983 is the smallest generation alive. That means we have the least voting power. Between us and larger voter pools, it's pretty clear who politicians will cater to.

It was only once-in-a-generation when it was being done accidentally.

It never really felt to me like the tech bubble crash was that big a deal to many people outside of a group of greedy rich assholes. There's always collateral damage of course, but the only change I really witnessed was a stop to people getting paid 20x the median salary after spending a few weeks with a Teach Yourself Perl in 24 Hours book.

There’s only one thing to do. Kill John Lennon

Getting sick of it honestly just once I want a W financially

Good news! This is the last one. US dead forever.

Oh hey. Can I join this bullshit party? Fuck boomers.

edit: lol at the downvote. how did grandpa figure out alt socials?

It's what you get when pedophiles run the most powerful country: a new generation every 8-10 years.

Edit: /s

You only been in 1.

9/11. That was our JFK moment. The rest? SSDD.

Less once-in-a-generation and more continuously-for-a-generation

Forgot 2015