if you then go further, and look into a thing called mortgage backed security which allowed banks to package up massive amounts of mortgages as a assert and investment tool

which just had shit thrown in them

just awful securities

then third parties started betting on outcomes of the security

would it fail (short) or would it go fine (long)

and then you have third level, fourth level, etc etc etc

deeper and deeper

soon you end up with hundreds of % points more being bet than is actually in the system

See this is why I stay away from finance 😂

People were playing with money which didn't exist.

Is the essence of it.

(yet) it didnt exist 'yet' <:pepelaugh:544857300179877898>

basically, imagine the power of exponentials, and musical chairs

someone stopped the music

Sorry, I forgot that magical word 😉

and people were left without seats

then because of that no one would get back up

"It'll be fine in 10 years, the money will exist then!"

and play further

well

So money is fake and the government is a lie! 😂

everything is a lie

the lefties are correct in that everything is an abstraction

they're just incorrect that, then nothing means anything

It has the meaning which we give it

these things have value and confidence because we say they do

and the right is correct in that you need to have a system that shits on a few people

but sometimes they shit on too many when they dont need to

yep, damn straight

and thats the balance

sometimes some people get a shit end of the deal

Basically you can't have one without the other

the right goes too far when they implement too many necessary evils

yes

the left goes too far when they try to eliminate all evils

we are in a never ending dance

which inadvertantly makes it more evil

each side has autism

when the right gets more power again we'll see us in the central ground flip flop and be like "you religion extremists need to chill out"

and then we'll cycle once more

also the more the left makes things 'fair' the more the radical right are needed to tell them to fuck off and to fix things we need to deport a fuckload of people