As a disaster researcher, may I suggest that these are all part of the same thing.......
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Prevent a financial crisis, but cause a starvation crisis when the UI supplement expires at the end of July. The American way.
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Good at winning wars; bad at nation building.
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The massive front loading of the money cannon for the best connected companies differs from 2008. Back then banks and nonbank market makers were mainly targeted for assistence, and private equity cleaned up in real estate. In 2020 the corporate bailout has a broader gauge.
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The latter is what the American state actually exists to do. The former is what we poors are duped into thinking it’s supposed to exist to do.
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I agree. The point of capitalism is to protect capitalists.
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It's good at doing things it cares about.
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