this post was submitted on 14 Dec 2025
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Leopards Ate My Face

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Original title: 'Catastrophe': Trump economy kills 1 in 3 jobs in deep-red Nebraska town

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[–] sp3ctr4l@lemmy.dbzer0.com 9 points 4 months ago* (last edited 4 months ago)

You don't need to suspect that, you need to be 1000% sure of that.

Even in good economic times, what is it, like 90% of newly started businesses fail in a year or two?

Yeah, the 'start your own business!' advice is yet another laughable boomerism, easily dismissed by a casual glance at any data from the last 50 years, but no, no, they know better than reality, donchaknow?

Just... yeah, I'm sure all the banks are really just itching to give out a $250,000 business startup loan right about now.

Not like bank failures have been steadily climbing, not like the credit markets are seizing up, bond markets going fucking haywire.

No no no, everything's just fine.

... I suspect people are going to be very shocked to discover the differences between a recession and a depression.

History is apparently stupid though, learning from it is evidently a social faux pas... we just love continuously having to learn what mistakes look like by slamming our faces into them with reckless abandon.