Bootney Lee Farnsworth
Diamond Member
I do not agree with that view. Many times more often than not, it is a result of government action. We're not manipulated by government control, and equilibrium results.The pattern goes back way further than 2008.
Our economic system was built to have periodic downturns as a means to control growth. There is a good book out there "Fragile by Design" on the topic.
That said, it does not follow that things like COVID and the Russian Invasion of Ukraine are orchestrated events to bring about class warfare.
It is also interesting that there is a thread about wealth disparity in the economy section and the consensus from the right is that it is not a problem at all and people only care because they are jealous. Do you agree with that view?
Again, this is all a government imposed effort by those who control government (the elite) to consolidate power.