Re:Why is the stock market rallying when the economy is so bad?
by kybernetikos on Sunday May 10, 2020 @06:02PM
(#23136690)
If you have no faith in humanity as a whole, make friends with the people around you. When things go bad, people help each other out, and if you believe in a societal breakdown, the people around you are going to be your biggest resource, not your greatest threat.
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Re:Why is the stock market rallying when the economy is so bad?
by chii on Monday May 11, 2020 @02:47AM
(#23139487)
society will not break down if your neighbours are going to remain your friends.
The breakdown happen precisely because you can no longer trust even your neighbours. You got the cause and effect backwards.
Re:Why is the stock market rallying when the economy is so bad?
by kybernetikos on Monday May 11, 2020 @03:09AM
(#23139603)
Societal breakdown is what happens when you can't trust institutions. When that happens, your neighbours are the ones you help and that help you. https://www.theguardian.com/world/2011/jan/30/egyptians-make...
As far as I can tell, the extreme versions that turn into warlordism occur mainly in response to outside threat.