It's the commercial real estate mortgage backed securities market. If everyone doesn't pay office rent the collateralized debt of those places goes kaput, the security implodes like 2008 and the banking industry goes under.

These CEOs are all invested. They don't care about productivity, it's all about saving their investments.

But think of the alternative. In Japan the trains arrive every 10 minutes are publicity subsidized so cost is minimal and because of this there exists an entire generation of train nerds that just want to go out and photograph trains. Are you gonna let the nerds win?

Commercial real estate mortgage backed securities

I just got notification from bacon reader that I can't use it anymore after almost 10 years. It was how I used reddit. I reckon a lot of folks will be getting that same announcement tomorrow, loads of iphone users especially. So I just deleted my account today. Reckon other people will do the same

Long answer is read Marx, understand how capitalism leads to monopoly, monopoly leads to price gouging and collusion to prevent competition, and poverty exists because wealthy people suck up all the capital from a society. Imagine a billion dollars. That's a thousand million. Then hundreds of billions by 20 people.

We're in late stage capitalism and the enshittification is accelerating.

It's the commercial mortgage backed securities market.

Remember 2008 when they bundled up all those home mortgages that were based on shitty unpayable loans and sold off securities to retirement funds etc? But then people couldn't pay and the entire economy imploded resulting in massive bank failures?

Same deal. All those office space loans have been collateralized into securities. The 1% and the banking industry understand perfectly that if they don't force people to return to office, the entire system will implode again. Even after Dodd Frank the regulations on over the counter derivatives are still mostly non existent.

Love the downvotes on this. Perfect propaganda so well funded. But now it's not commies it's 'tankies'

One of them was me. Love your username BTW

OTHER

COUNTRIES

AUTHORITARIAN

Fascist or 'authoritarian' even. I asked for their definition so we couldn't at least have some ground to debate on but yeah, naw. It's just throwing memes. And I again reiterate the US is absolutely authoritarian. Prison population? Through the roof. Cop city? Murder protestors. War? Total media and popular support even to the tune of one trillion dollars a year.

1000000000000 dollars

One thing missing from a lot of the dialogue is choice of targets because they wanted to perform bomb blast studies on virgin targets

Roll that over in your mind for a minute

Hakim is so on point. Brilliant video.

Very nice to see Michael Hudson linked. His content on multipolarista and the new Geopolitical Economy Report. Very critical data and needs to be disseminated

Subscription model everything ownership of nothing Perfect capitalism

Andor was so freaking good. It spoke straight to the soul of what Star Wars started out as. Lucas even said he modeled the rebels on the Viet Cong.

Yeah it was torture. I tried to keep it civil and lighthearted and actually engage but they are so programmed it's almost knee jerk comment reaction at this point.

Also fun and great that so many Lemmy instances won't federate material that threatens their worldview. I mean, I'm 100% anti Nazi anti fascist and anti authoritarian but what does that even matter right? How dare I say there might be a different way to view say Cuba China Vietnam or North Korea...

I'm a vegetarian who doesn't use AC in the summer, doesn't drive... And I flipping love F1. I race in VR, I love the sport and I dig how they are trying to make it less destructive.

How about ban private jets flying into every race? That would be awesome. Just something stupid like that where Toto has to ride with the proles in coach.