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442

I keep a watchful eye on it and it wants to financialize and weaponize everything. Yes, even the air we breathe. Very little tangible, by comparison, is actually being produced. They'd much rather sell  "crop insurance" and bundle policies upon policies in tranches of "food, weather, and mortgage" derivatives rather than grow real potatoes or corn. Wages are all arbitraged or outsourced to the lowest bidder. So what's going on in finance now? I believe the system has run out of things to financialize. There's no more producing tangible things, governments are broke and therefore governments are basically robbing its citizens. I believe there's an idea that space is a new source of financialization. I heard asteroids are a rich source of minerals. However, there has to be some use for these minerals, otherwise, why go after them?

I keep a watchful eye on it and it wants to financialize and weaponize everything. Yes, even the air we breathe. Very little tangible, by comparison, is actually being produced. They'd much rather sell  "crop insurance" and bundle policies upon policies in tranches of "food, weather, and mortgage" derivatives rather than grow real potatoes or corn. Wages are all arbitraged or outsourced to the lowest bidder. So what's going on in finance now? I believe the system has run out of things to financialize. There's no more producing tangible things, governments are broke and therefore governments are basically robbing its citizens. I believe there's an idea that space is a new source of financialization. I heard asteroids are a rich source of minerals. However, there has to be some use for these minerals, otherwise, why go after them?

(post is archived)

[–] • 1 pt

The economic foundation - productive economy - is like the bottom of a jenga tower now.

I want to see (((wall street))) faggots go plow a field or kill for their dinner

[–] • 1 pt

They can't, anymore than students can add 2+2 in their head or write cursive.

[–] • 1 pt

Financialization is the result of fiat currency where those closest to power spend the money before inflation. Without fiat, production of tangible things drives wealth.