this post was submitted on 29 Apr 2025
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[–] [email protected] 1 points 1 day ago

Look, that's great in the short term, but after what we've seen in the last 30 years, I don't know how anyone can put any faith in private investment anymore. We've had 2 market crashes, at least 2 instances of severe real estate value depression, Vishna knows how many bailouts and what to show for it? Look at the telecoms in (frankly, anywhere, they're all shit) the US - for a decade they put a surcharge on every single bill that was supposed to help them expand high-speed internet to all parts of the country, not to mention the billions of dollars the federal government provided. The result? Rural areas are still on dialup!