• Rhaedas@fedia.io
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    1 day ago

    I would suggest that all major crashes happen in part because no one wants to be the first to pull out of the corruption and lose money while everyone else keeps gaining. So it’s a constant race until something actually breaks, and then it’s a mad scramble to get out of the house on fire.

    Basically, if everyone was (or was forced to) be honest, they would see the signs early and act to avoid crashing it all. But they aren’t, so they don’t.

    That’s a simplistic take on it, but the short is that the experts in the financial world see what’s happening, know it can’t end well, but they choose to try and profit while they can, hoping they’ll get theirs first.

    Hell, it’s just like anyone who deals with Trump. Knowing full well how many people get burned from being associated, but they always think that it will be different for them and they’ll be fine.