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10 days agoThink of it like this, no money = nothing to lose!
There’s plenty of sources claiming how people like Elon have so much money in loans, when the crash comes the banks will quickly move to recover those debts.
On top of that, all you see are rich people telling others the way to get rich is getting loans upon loans. Well when the crash comes and again, you can no longer repay the loans, it’s going to hit hard! So much money is tied up in pretend money on gains that don’t exist!
Right now having no money is probably safer, my plan is getting out of debt as much as possible, as quick as possible. Hell, if it hits hard enough people might end up going back to trading goods for goods! 😂
My issue with this is this is an opportunity for someone with money to start up alternatives that are built on the principles of “it lasts”!
It’s not that hard, make the OS open source, we already have alpine linux, busybox, debian, etc, then build the basic functions in and those who can extend things, will!
On the hardware side, use screws rather than clips, offer downloadable pdf’s with schematics, all this used to get done and dropped because profits! If I had the money I have a decent idea on how I’d start this up so who knows, there’s a few small things I’d like to learn to design/build and think maybe it’ll be sellable so who knows, maybe in 6/12 months and i’ve paid off a few debts i’ll build something useful.