this post was submitted on 11 Oct 2025
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[–] null_dot@lemmy.dbzer0.com 2 points 1 day ago

This is a really odd take.

you're 401k is being invested while the market is down

Sure but you just lost half your 401k, including half of what was invested while the market was overpriced.

When unemployment is high, [...] That results in lower rates for consumer loans. So people that have stable jobs [...] can take out loans

Yes, but lenders also tighten their criteria during these times because even a stable job is dramatically less stable during a recession or depression. It's very difficult to borrow money in an economic downturn.

When the market recovers, you've had years of experience

Sure but if the market didn't collapse you would still have those years of experience. During a collapse fewer people will have consistent employment.

It's a grind but at least they didn't end up drug addicts and alcoholics like so many others

Not sure where you were going with this part.

The universal economic truth is, in times of economic uncertainty the working class does the heavy lifting.