On the up is anger.
Going down is trust.
Why? These are the latest news.
Bankers are getting their massive loans wiped out. The oligarchs are buying up companies for small change, leaving debts in other companies that will be bankrupted.
The government preaches togetherness and unity. In reality, it seems like the wealthiest are already playing each man to his own on the government’s watch.
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Ólafur Guðmundsson
3 years ago
Great blog. Keep it up.
Barney Miller
3 years ago
An outrage!
froekenc
3 years ago
Very informative blog. Great job. I do so agree with you.
Einar Jón
3 years ago
A classic case of prisoner’s dilemma:
- If everyone follows “togetherness and unity”, the losses are minimized.
- If a few don’t; they gain a lot while others lose a lot.
- If no one does – everyone loses a bit more.
It’s given that most people can’t afford to “play each man to his own”, so the last case can’t really happen. The ones who got us into this mess are therefore free to exploit the situation for their gain.