Ask Hexbear is the place to ask and answer ~~thought-provoking~~ questions.
Rules:
Posts must ask a question.
If the question asked is serious, answer seriously.
Questions where you want to learn more about socialism are allowed, but questions in bad faith are not.
Try !feedback@hexbear.net if you're having questions about regarding moderation, site policy, the site itself, development, volunteering or the mod team.
It's very obvious that 
is circling the drain now, but clearly this didn't just happen in a vacuum. It must've started crumbling at some point... but when?
Some people might say it started after 9/11, others might say it goes back to the Raegan administration. A few might even say it started after losing the Vietnam War, or when they went off the gold standard. Or maybe even earlier...
What do you think? 
I feel like the subprime mortgage crisis broke something deeper. I can’t put my finger on it, but it seems like this is the point when political power completely capitulated to finance capitalism.
In 2020 they literally increased the money supply by like 20% by printing trillions of dollars and just handed it out to corporations to do stock buybacks. It certainly was completely captured by that point
There was also the bailout of Silicon Valley Bank last year. It was a blink-and-you'll-miss-it headline, but man. Like Lehman Brothers, but the Federal ~~Bank~~ ahem Reserve stepped in before the bankruptcy actually hit the stock markets.
Yeah the response to the 2020 crisis was unsurprising. That war had already been fought and lost (or won, if you’re a finance ghoul)