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Re:I need to explain to you just how dire America's Pokémon ... by mschuster91 on Saturday May 01, 2021 @11:49AM (#27007238)
> Lately I have been feeling like the economy just broke on a fundamental level over the past year.

There is something seriously broken for years now: unsustainably low interest rates drive a lot of money in desperate search for the most minuscule interest rates.

Venture capital in institutional form beyond former founders who got rich and want to return the favor would not exist - certainly not millions of dollars for a company called Yo. Real estate prices both for buy and rent worldwide are only affordable for those who are mega-rich as investors are the only ones who can put up the cash, and it's beginning to go the same way in agricultural land. Stock prices, despite a disastrous raging pandemic, are at all-time highs.

It's madness.

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