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LegitHyperbole said:
Not for the economies of the world, I'd expect nothing less than worse recession than 2008-10 and if not on par then bordering the great depression. Iran has already massively fucked things up. 20% of the world's oil stopped for that long and 30% of fertiliser. Heck, if the bubble doesn't burst we're still fairly fucked. We are in a bit of a lull because of government interventions but that pain is coming back around real soon. If the bubble burst now it would be the worst global disaster since WW2. It's a gigantic bubble not seen at its size before. |
How is it vital for the economy? It's stealing jobs from people who desperately need employment to survive, like artists, writers, animators and coders, that's a shitload of people, many of whom can't find other work because they never trained for other jobs.
