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kleinbl00  ·  13 days ago  ·  link  ·    ·  parent  ·  post: How much shit in your kids drinking water before you care?

I mean, fucking look at this. LOOK AT IT.

That, right there, is an elective recession. That is a willful crashing of the economy. Not the red economy, not the blue economy, not the woke economy, not the MAGA economy, the whole goddamn economy. That is, in one month, a greater economic impact than the destruction of Bear Sterns, Lehman and AIG. I don't care how much you hate your neighbors. There are knock-on effects from taking away the livelihood of 165,000 people without giving them anything better to do. People have been bellyaching about those poor coal miners and what will we do with them in a solar economy and there are 45,000 employees of the entire goddamn coal mining industry in the United States. There were only about 120,000 back when LBJ was whining about them!

There's no master plan here. There's just hubris. Hubris and incompetence. So stop fucking acting like this is some 4D chess bullshit. It's pure, 100% unadulterated left tail risk.