These roaring ‘20s are a roaring dumpster fire. The rich get richer while the poor get sick and die. The market goes up while life expectance dives. Computers mint money while we all get cooked alive.
The last roaring ’20s ended in a motherfucking pyre. The stock market crashed and spread across the wire. The Weimar Republic croaked and Hitler got in line. What makes you think it’ll be different this time?
We’ve been here before, we’ve been here many times. Do I need to tap the signs? How many times do I need to tap the signs?
1. The Business Cycle
Anybody predicting a crash tomorrow is a fool, but anybody ignoring that the market always crashes is the greatest fool indeed. The process of boom and bust is so regular that it has a name. The Business Cycle. Like laundry, we tend to shove all our shit inside and forget about it.
In their 2016 publication, Kanye West and Chris Brown described the business cycle when they said, “Waves don’t die, baby, Let me crash here for a moment… No lie.” As they illustrated, the shape of capitalism is a wave. Just look: