this post was submitted on 23 Aug 2023
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[–] [email protected] 2 points 1 year ago (1 children)

We really have to be taxing the hell out of the rich like we did in the "make Canada great again" days, if we want a cushion for this crash.

[–] [email protected] 1 points 1 year ago

Yeah, this.

A crash isn't a bad thing if you can build a firewall against profiteering. Governments could buy property, instead of allowing the wealthy to, and governments could force the rich to take a haircut and/or tax the hell out them and then spend our way out of recession.

It won't happen, but it isn't impossible or even improbable.