this post was submitted on 05 Dec 2023
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Futurology
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Will someone think of the landlords?!
Let's not kid ourselves. The Landlords create holding companies and leverage the shit out of their investments, so that when they make bad bets, they can simply walk away leaving the banks holding the bag.
And who pays when the banks make bad bets? If you said "the 99%" then good job paying attention the last time this happened. We'll see higher interest rates, lower returns on savings accounts, higher downpayments, and higher taxes when we inevitably bail out the "too many bribes to fail" corporations.