Anonymous
(ID: CkbXQe03)
8/25/2025, 1:42:29 AM
No.513905282
>>513905476
>>513905857
>>513907047
>>513908599
>>513908835
>>513910593
What the world would be like if there were no bailouts during the 2008 collapse
We'd just be in a much better world today, out of all the possible worlds that could have emerged had things been done differently in 2008 and the following few years.
The bailouts following the September 2008 bank crash were a giant mistake, at least from the perspective of common people and of the long-term health of the United States (certain elites benefited from the bailouts, and so for them, the bailouts weren't a mistake at all). Yes, a Depression may well have ensued, and the Great Depression ran from 1929 until after America joined the fight in World War II.
So even if the 2008 crash had led to a Depression from which it took fifteen years to recover fully, we'd be just getting back on our feet right now. All the grifting banks would have imploded long ago, along with shitty corporations that were fiscally reckless.
The whole economic landscape would look different from what we see today, since so many famous brands and companies would no longer exist. But in their place, we'd have new businesses, ones that are run more prudently.
Of course, the new system that would have arisen after the reset would also eventually become corrupt, and would have had some level of corruption from the start, as all systems do, but we'd be in the early stages of a large economic upswing like America saw after the early 1940s.
Basically, everyone except for certain parasitic elites would be in a much better position now than they are today, with far more security, prosperity, and trust in the system.
Millennials would have become the "strong men" whose suffering gave them the wisdom to forge the good times. Zoomers would be growing up in a healthy economy full of opportunity, with childhood memories of the fear and anxiety that came before. Gen X would have been the crisis leaders responding to the push by Millennials for major transformations in the structure of the economy.
The bailouts following the September 2008 bank crash were a giant mistake, at least from the perspective of common people and of the long-term health of the United States (certain elites benefited from the bailouts, and so for them, the bailouts weren't a mistake at all). Yes, a Depression may well have ensued, and the Great Depression ran from 1929 until after America joined the fight in World War II.
So even if the 2008 crash had led to a Depression from which it took fifteen years to recover fully, we'd be just getting back on our feet right now. All the grifting banks would have imploded long ago, along with shitty corporations that were fiscally reckless.
The whole economic landscape would look different from what we see today, since so many famous brands and companies would no longer exist. But in their place, we'd have new businesses, ones that are run more prudently.
Of course, the new system that would have arisen after the reset would also eventually become corrupt, and would have had some level of corruption from the start, as all systems do, but we'd be in the early stages of a large economic upswing like America saw after the early 1940s.
Basically, everyone except for certain parasitic elites would be in a much better position now than they are today, with far more security, prosperity, and trust in the system.
Millennials would have become the "strong men" whose suffering gave them the wisdom to forge the good times. Zoomers would be growing up in a healthy economy full of opportunity, with childhood memories of the fear and anxiety that came before. Gen X would have been the crisis leaders responding to the push by Millennials for major transformations in the structure of the economy.