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RE: LeoThread 2025-11-16 07-55

in LeoFinance21 days ago

encountered with the launch of the Trump meme coin followed by Melania's meme coin. And I think that's, if that's what you're describing, I see that. And we saw that back, remember, I mean, Elon was way ahead of the curve with, you know, taking Tesla private at what was it, 420 and the lack of consequences. But again, I think that on the financial side, that financial nihilism was born out of the 2008 financial crisis and the lack of consequences coming out of it, all right? And the drop to zero of interest rates and the expansion of the Fed balance sheet and so many of the things that we thought were not supposed to happen actually happened and there were no consequences as a result of it. And that's what breeds the nihilism. That's what breeds the cynicism. And we haven't made any progress in that direction. We just keep going down the road of the Banana Republic and towards a patronage system. And a patronage system is not compatible with meritocracy. And those systems breed a lot (39/99)