Asklemmy

51030 readers

417 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 6 years ago

MODERATORS

If you are planning your life around putting money into assets tied to the imperial core e.g. housing and retirement how do you feel abt the entire financial system being a giant bubble (lemmy.ml)

submitted 6 days ago by mistermodal@lemmy.ml to c/asklemmy@lemmy.ml

97 comments fedilink hide all child comments

If you think this started with Silicon Valley that's a mistake

you are viewing a single comment's thread
view the rest of the comments

[–] Spacehooks@reddthat.com 3 points 6 days ago (1 children)

I really hate how we all lived through a whole dark age and three supposed end-of-days before 30. Can't we get a break?

I guess This is my fault team. I wished for 2012 to not be the end. Stupid monkey paw!

[–] sunbeam60@lemmy.one 1 points 5 days ago (1 children)

The western economy is a boom and bust cycle, most often driven by US loosening of economic controls. I’m sure the Chinese property bubble will burst too and then we have to deal with that one too.

How I long for social democratic, Nordic style government everywhere.

[–] ThirdConsul@lemmy.ml 2 points 5 days ago* (last edited 5 days ago)

Nordic retirement funds famously don't invest in shitty companies or housing property... directly. In Nordic countries.

They do own a sizeable chunk of middleman and own a lot of empty estates as well as renting agencies, e.g. in London UK, Gdansk Poland (and I forgot all other places)