• Commiunism@lemmy.dbzer0.com
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    8 days ago

    The problem most often isn’t that they run out of natural resources, but that investment into further extraction of natural resources by finance capital becomes unprofitable. The issue isn’t scarcity, but profitability

    • IronBird@lemmy.world
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      8 days ago

      eh, it’s all basically just a giant ponzi scheme anyway. that’s what crashes are for, when you can no longer make $ having the lines go up, you slam them down and make bank on all the margin calls/ievitable forced selling instead.

      1% hold the overwhelming majority of $ and due to specific rules for US markets price action is ultimately controlled by whoever has the most $ to throw around