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by MSFT_Edging 1071 days ago
So I understand there is a lot of nuance in this space, but:

> other times it's to cover existing bets

This is my issue. Our economy has become a casino for these professional investment firms with lots of capital to try to strike it rich. This is not a healthy way to run a system that determines who lives or dies in a big picture sense.

The economy has become a game for people with connections. It no longer matters if a business is healthy or profitable, if it does not work within this grand casino. The search for constant growth is killing us all.

1 comments

Well I completely agree here, constant steady growth is a terrible, unsustainable model. There's no way around it, eventually we'll either fail or have to adjust course and give up on this idea that we can continue to consume more raw materials to create a steady growth of output value.