@pvonhellermannn@mastodon.green
Post #3466254
2024-03-16 09:06 UTC
#FollowTheMoney 🧵 9/n So far the has been more about who the money flows towards, but now also some posts about who it flows away from. Again, random collection, no comprensive analysis - just snippets of what’s going on!
Yesterday I listened to this really heartbreaking and deeply worrying programme about the rapid rise in bankruptcies in the UK. Of course we see this all around us - all those closing restaurants, Debenhams etc. the #DeathOfTheHighStreet speeding up
https://www.bbc.co.uk/sounds/play/m001x55h?partner=uk.co.bbc&origin=share-mobile
Replies (1)
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@pvonhellermannn@mastodon.green 2024-03-16 09:15
#FollowTheMoney 🧵 10/n But note the title ⬆️ - what is going on here? Turns out quite a bit of of the program was about how “Zombie firms”were kept alive artificially for years by low interest rates; that it’s good if they die and others take over. Really struck and appalled by utter coldness, distance and dehumanisation by people who say this - as @PippiPunkstrumpf@todon.eu just said, they really think of others just as numbers (see also our “Understanding Growth” piece above 5/n).