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'The economy is different now': Parents pay grown-up kids' bills with retirement savings
(finance.yahoo.com)
this post was submitted on 05 Feb 2024
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"Different" meaning collapsing.
Capitalism was always a con-game. Infinite growth on a finite world with finite resources was always a scam. With no meaningful virgin markets to exploit and no meaningful new economic sectors in which to grow/metastasize, the whole scam is falling apart and the market capitalists are eating each other's empire's whole, destroying entire economic sector's ability to produce the goods/services they used to in the process. HBODiscoveryTimeWarnerParamountSoon dispensing garbage shadows of what its former swallowed and destroyed competition used to produce is happening everywhere in every sector, from healthcare to food production. The enshittification of end stage market capitalism.
The snake is choking on its own fucking tail. The people can either be punished for it by the desperate owners going insane demanding ever mooaaaar from their failing scheme and suffer that pointless pain into collapse, or we can revolt and suffer the useful pain of building an equitable society from the ashes.
I have no real hope for the second one, but I'd love to be proven wrong.