←back to thread

157 points robtherobber | 1 comments | | HN request time: 0s | source
Show context
BizarroLand ◴[] No.46246038[source]
I wonder why so many governments have such high anxiety right now. They're all acting like the sky is falling. Don't they know what happens to most of the chickens in Chicken Little?
replies(7): >>46246099 #>>46246332 #>>46246334 #>>46246699 #>>46246946 #>>46249978 #>>46253702 #
1. AngryData ◴[] No.46246699[source]
Perhaps its because people are realizing a lot of economic and financial activity is kind of useless for anything besides pumping the numbers of stocks and valuations and a larger fraction of money is going towards the already wealthy while the majority are losing out. And when financial bubbles start popping and economies fall flat on their faces there is going to be a lot of angry people.

People saying eat the rich and posting guillotines and supporting socialist redistribution ideas use to be kind of edgy and fringe, but now it is gaining popular appeal again, and it makes people with wealth or political power scared.