this post was submitted on 30 May 2025
97 points (99.0% liked)
United States | News & Politics
2922 readers
722 users here now
Welcome to !usa@midwest.social, where you can share and converse about the different things happening all over/about the United States.
If you’re interested in participating, please subscribe.
Rules
Be respectful and civil. No racism/bigotry/hateful speech.
Post anything related to the United States.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
So far, the level of similarities between the current era and the depression era are truly insane.
We have: Mexican Repatriation vs the current mass deportations
Crony Capitalism
A massive real estate bubble that no one is working to cool off
Tariff policies fucking with the economy
Massive speculation in a virtually unregulated crypto industry, fraught with the same schemes that the financial tools implemented after the depression were intended to prevent from happening again
Literally the only saving graces we have at this point are the Fed and the FDIC, or people would have been starving in the street with wheelbarrows full of cash by now
If you asked AI “how to cause the great depression a second time” it would probably tell you to do everything they are doing
I mean are you sure they didn't do exactly that?