A strong tourism industry in a small city does displace everything else. It’s one version of the Dutch disease that actually happens even when the government doesn’t actively cause it.
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It’s hard to cause a large gas explosion by carrying a flame. Gas tends to diffuse, so you get small explosions that dissipate the problem before you reach the large concentrations.
That said, “hard” does not mean “impossible”. History is full of counterexamples. But it is much easier to make trouble by igniting the flame after you are inside.
You are missing some of the yeast.
The emails seem to be real. If the people there are telling the truth, it’s your guess.
Once people start to openly justify the bubble by the rationality of the greater fool theory, they tend to pop very quickly.
This time things are different in that there is an actual caste of people with infinite money that can only pop one bubble if they inflate another one (or if the government stops giving them money, but I wouldn’t bet on that). And there doesn’t seem to exist anything big enough to take all that money. So it’s hard to imagine the bubble popping mechanics working here.
“Why don’t you people blame the powerless at once?”
marcos@lemmy.worldto
memes@lemmy.world•A new Great Depression is just around the corner.
1·1 month agoAnd the speech is “please, kill me”. And it’s not his first time.
Beats spending cycles indexing everything and never search them.