this post was submitted on 13 Nov 2024
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[–] [email protected] 10 points 2 days ago

Yeah, no. The western companies cannot reinvest like that. They are beholden to increase their share value above all else. It's actually US law they have to do this. The companies obligations are to the shareholders. The oligarchy knows a crash is coming. They've spent the years since COVID to get their affairs in order and have been kicking the can with the Federal reserves. That's why all the big banks and hedge funds have been buying up all the land they can. It's the most necessary physical asset to own in a failing economy.