• sp3tr4l@lemmy.zip
    link
    fedilink
    arrow-up
    2
    ·
    5 months ago

    Financialization is generally something that happens in the stage right before a society largely collapses, historically.

    Its a huge contributor to wealth inequality.

    It all works until it doesn’t.

    But yeah, thanks for adding those other popular after pay systems I forgot!

    • Krauerking
      link
      fedilink
      arrow-up
      2
      ·
      5 months ago

      Oh for sure it’s a super unstable bad idea but it works really well for a short time for those at the top. We really are just riding that edge out of hubris from those in charge.