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los-gokillas t1_ivo7md7 wrote

You don't agree with the boom and bust cycle of capitalism? It's indisputable. That's why there's a crash roughly every ten years. It has to happen for capitalism to continue to function. That's not a politically motivated observation at all just the simple truth. As you would say, you can look it up

Edit From investopedia, "The boom and bust cycle is a process of economic expansion and contraction that occurs repeatedly. The boom and bust cycle is a key characteristic of capitalist economies and is sometimes synonymous with the business cycle.

During the boom the economy grows, jobs are plentiful and the market brings high returns to investors. In the subsequent bust the economy shrinks, people lose their jobs and investors lose money. Boom-bust cycles last for varying lengths of time; they also vary in severity."

https://www.investopedia.com/terms/b/boom-and-bust-cycle.asp#:~:text=The%20boom%20and%20bust%20cycle%20is%20a%20key%20characteristic%20of,jobs%20and%20investors%20lose%20money.

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