• sensiblepuffin@lemmy.funami.tech
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    7 hours ago

    Look, that’s great in the short term, but after what we’ve seen in the last 30 years, I don’t know how anyone can put any faith in private investment anymore. We’ve had 2 market crashes, at least 2 instances of severe real estate value depression, Vishna knows how many bailouts and what to show for it? Look at the telecoms in (frankly, anywhere, they’re all shit) the US - for a decade they put a surcharge on every single bill that was supposed to help them expand high-speed internet to all parts of the country, not to mention the billions of dollars the federal government provided. The result? Rural areas are still on dialup!