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Bucky

(55,334 posts)

8. This is why pure capitalism is such a joke.

Reply to 3Hotdogs (Reply #5)

Wed Jun 22, 2022, 10:13 AM

Jun 2022

Real capitalism doesn't mean giving people money if they lost money, so long as they had enough money to make losing money to make other rich people worry

But the nature of capitalism, which leads to the worship of money, does create enough corruption to ouborous itself

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The Crypto Crash: all Ponzi schemes topple eventually [View all] PSPS Jun 2022 OP

There is no inherent reason crypto currency should be dominated by Ponzi schemes. That's just greedy Martin68 Jun 2022 #1

Agree. 3Hotdogs Jun 2022 #2

Yes. Exactly. Cryptocurrency, risky mortgage bundles, questionable mortgage schemes, Silicon Valley Martin68 Jun 2022 #3

Please tell me there's no chance of a bailout here. TheFarseer Jun 2022 #4

IF its big enough to endanger the economy, it will be bailed out. 3Hotdogs Jun 2022 #5

What's next? Pyramid scheme bailouts? Yo_Mama_Been_Loggin Jun 2022 #7

This is why pure capitalism is such a joke. Bucky Jun 2022 #8

this isnt the first time bitcoin has crashed moonshinegnomie Jun 2022 #6