No. The housing crash really started to go off when regular people could not pay their bills. These arent regular folks here. These are mega corporations.
that’s how a bubble works. they are mega corporations that represent like 90% of the economy. their companies go under, the people working for them are jobless all at once.
Credibly_Human@lemmy.world 2 days ago
No. The housing crash really started to go off when regular people could not pay their bills. These arent regular folks here. These are mega corporations.
umbrella@lemmy.ml 2 days ago
that’s how a bubble works. they are mega corporations that represent like 90% of the economy. their companies go under, the people working for them are jobless all at once.
Credibly_Human@lemmy.world 2 days ago
Are you like… just not reading the parts where I explain how these are massively different situations?
2 things can be bubbles while being massively different in the forces at play.
umbrella@lemmy.ml 2 days ago
yes i agree