The cyclical "disaster" every 5-10 years is simply the system "culling the herd", thinning out the population so there's more wealthy and less poor, every time. Working as designed. Just like gatekeeping our healthcare with a paywall you need to be wealthy to get past. They don't want the poor to exist, so they do things so they cannot survive.
Also going to raise the call of shenanigans on the implied support of accelerationism, an ideology based on magical thinking and involuntary blood sacrifice, and no historical data showing any efficacy.
I mean, people obviously say things because they have an agenda.
But let’s look at BlackRock specifically. When they said a recession was coming, we were at the absolute bottom of a stock market downturn. Isn’t that weird?
If anyone listened BlackRock, they would have lost a lot of money.
I’m not saying BlackRock knows where the market is going—they clearly don’t. I’m saying we need to be skeptical about big pronouncements regarding where things are going.