Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Side note:

Everybody telling you that there is a solution for the current world-wide financial crisis is simply a non-expert.

There has never been a situation like the current one in history:

The Big Failing of Communism is already past. The Big Failing of Capitalism is currently happening.

You rich ones should prepare...

P.S. You don't need to believe me, you will simply see it happening soon...



The Big Failing of Communism is past.

The Big Failing of "Capitalism That Thought It Was Rich Enough To Afford Some Communism" is happening.

Unfunded pension guarantees? Governments ordering banks to make loans they can't afford? The failure of government corporations like Fannie Mae and Freddie Mac due to being disconnected from the market? Massive nationalization of debt in response to the crisis?

Very little of this crisis is "capitalism" in any sense of the term. Government meddling is present in every aspect. Nay, _massive_ government meddling.


There are simply too many bad (really bad) things growing exponentially in our current times.

(Nobody wants to hear it, but it will come: we all will be poor within the next few years. That is, the small world-wide percentage of still-rich-ones will all go away...)

So, the whole planet will have a 'reboot', and since a reboot starts from 0, there will be an exponential growth of wealth for everybody!

Now, the above is either foolish or prophetic...




Consider applying for YC's Summer 2026 batch! Applications are open till May 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: