[ehejsbbejsk]

The only reason why people in tech still have jobs (and why SV hasn’t blown up) is because the c-suite is getting rich off of stock market. When that party ends (likely in February/March timeframe), there will be a depression and civil unrest.

[cmdshiftf4]

>When that party ends (likely in February/March timeframe), there will be a depression and civil unrest.

Substantiate this, please.

[ehejsbbejsk]

We’ve already had civil unrests this year in the middle of a pandemic. When people start getting laid off it’s going to add fuel to that fire. Government has already blown its load in terms of monetary and fiscal options. I especially fear for what could go down in EU. They cannot sustain another debt crisis. We are ripe for a rapidly deteriorating global financial crisis.

[cmdshiftf4]

Interesting. I'm not sure I agree and for one reason: the Western governments have essentially shown throughout the past couple of decades, and especially in the past year, that they will do almost anything to keep the rich getting richer.

They're 100% not going to allow class consciousness to form again, as we saw the beginnings of in the Occupy Wall Street era, so there's some risk of them manufacturing further racial grief to keep the plebs at one another's necks but the can't let that escalate to the point where it'd threaten the bottom line either.

So much easier to maintain the strategy of demoralization, distraction and vapid consumerism.

[outworlder]

> is because the c-suite is getting rich off of stock market.

> When that party ends (likely in February/March timeframe)

Well, if you are so confident, you could get rich too. Buy some puts or short stock then.

The reason people in tech still have jobs is that _we can work from home_. As long as work is getting done and stuff is getting shipped, companies are fine. The only that are hurting are the ones where you need people together in some capacity.

Stock market speculation is not even a variable here. Sure it helps their portfolio, but that has little bearing on whether or not we still have jobs.

[umvi]

So are you saying I should sell all my stock right now?

[outworlder]

The music hasn't stopped yet. But pay close attention to the DJ.

[wetpaws]

societal collapse priced in