Quote:
Originally Posted by bronco67
We're in this mess because the culture has shifted from inventing/producing/manufacturing to "scam a buck as quickly as possible with no actual work".
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I agree with you 100%. The .com boom had a lot to do with this. Before that, people invested in companies based on annual returns, related to the actual revenue of the company. In the late 90's, all of the sudden IPOs were happening to companies with no business plan, no history, no revenue and in many cases, no product. Stock prices became 100% detached from actual numbers of the business as did investors.
Couple that with a generation of people who got a participation trophy for everything they did, where every childrens tv show tells them they're "special", where teens are all suddenly getting credit cards and a culture where living beyond ones means became the rule and was everyone instead of just "that asshole down the street", and everything was obviously going to crash.
The younger a person is, the less aware they are of these massive cultural shifts and the more misplaced their blame is.
Its total insanity to me that people here put ZERO responsibility for everyone living beyond their means on the individual and in turn blame big, "evil" corporations who simply made money available to total idiots.