• JustEnoughDucks@feddit.nl
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    3 days ago

    Yes because of wealth inequality. They literally have hoards of money that can be used in a case like this.

    The wealth didn’t just disappear during the Great Depression and “nobody had any money”. Boeing, Chrysler, Kennedy, Rockefeller, grocery stores like publix all doubled, tripled, quadrupled, 10x’ed their wealth. It was a big wealth transfer, not that everyone was poor.

    It was literally mostly the working class and some of the lower-owning-class that suffered.

    It was solved mainly by taxing the ever loving shit out of oligarchs and redistrubing the wealth back to the people.