@henryhenderson@mastodon.social
2026-05-05 18:30 UTC
@obrhoff@mastodon.social @fahrni@curmudgeon.cafe @carnage4life@mas.to and we can’t forget how in 2008 unchecked greed allowed crooks to destroy our markets which affected the whole world. No one went to jail. And I think a lot of the newly placed restrictions on the banks were eased under Trump’s first term…
Replies (1)
-
@obrhoff@mastodon.social 2026-05-06 05:43
@henryhenderson@mastodon.social @fahrni@curmudgeon.cafe @carnage4life@mas.to And the next might be on its way. The U.S. has no AI regulation at all (unlike AI) If those high-paying white-collar jobs get replaced by AI, all those people with high creditworthiness won’t be able to pay their mortgages and that could collapse the market again. It also doesn’t help that the housing market is now three times the size it was in 2008.