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A comment on Pro-democracy HK tycoon Jimmy Lai convicted in national security trial. Parent comment

Re:Pro-democracy HK tycoon Jimmy Lai convicted in national s... by phantasmish on Monday December 15, 2025 @02:14PM (#46278979)
Our GDP would drop several percent if we fixed our healthcare system. Part of why we look richer on paper is that we light a lot of money on fire for exactly nothing.
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Re:Pro-democracy HK tycoon Jimmy Lai convicted in national s... by jandrewrogers on Monday December 15, 2025 @02:36PM (#46279315)
Not really. That money didn't appear out of thin air. It would be lit on fire for some other purpose instead.
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Re:Pro-democracy HK tycoon Jimmy Lai convicted in national s... by phantasmish on Monday December 15, 2025 @02:38PM (#46279357)
Ah, there’s always zero-sum competition for housing to eat up any excess that might otherwise go to savings. That’s true. Money gets freed up across the board, you spend it on housing or lose ground in the housing competition. Good ol’ red queen’s race.
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