I told you i live in a social democratic welfare state. Education is free for all citizens. But I’m sure you have a degree in economics and know better. Right?
I know plenty of people with degrees in my industry who can’t tell their head from their ass. Having a degree doesn’t mean you actually understand what you’re talking about, and the fact that you can’t make a coherent point here is proof of that.
We see different crashes in different sectors, in different countries for reasons so much more complex than i can explain to you here. You’re talking full on course material. Not that you would care to listen anyway.
The specific reasons for each crash are different, however we’re discussing underlying mechanics that lead to these crashes happening on regular basis. If you actually learned anything when you earned your degree, then you’d understand that. You might want to think about why China hasn’t been experiencing such crashes over the past decades.
This is proof of how you are being dishonest when you keep referring to “the west” and “the capitalist system”. You’ve been on lemmy preaching this stuff for how long exactly?
The proof is that you haven’t actually managed to make a coherent argument here. I gave you detailed examples of the mechanics that create short term thinking within capitalism. You just ignored that and keep repeating nonsense smugly.
And that is another fantastic “nuh uh. You are!” What a response.