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The longer people remain deprived and unable to see any hope of upward mobility, the more likely they are to develop a form of psychological compensation: since it is so difficult for me to improve my situation, I might as well hope that everyone becomes worse off together, even looking forward to a collective disaster that will erase the gap. But reality is often the opposite. When a real crisis occurs, the rich have cash, assets, connections, information, and the ability to relocate, so ordinary people are still the first to be harmed. That is precisely why this mindset is so easily exploited by the “harvesters” (institutions and businesses): by constantly manufacturing fear, creating common enemies, and magnifying threats, they make people willingly accept sacrifice and obedience. This logic exists not only in institutional design, but is equally applicable in business, organizations, investment markets, and the public-opinion environment. What is truly dangerous is not merely disaster itself, but someone convincing you that only an even greater disaster can resolve the injustice you face now.

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MemeHunter
2 hours ago
This mentality is all too common in bear markets—since I’ve lost money, everyone should lose together. When the crash really comes, the institutions have already fled, leaving only retail investors comforting each other in the group chat.
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NftInterceptor
2 hours ago
Reading this closely, I feel like I’m being called out.
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ArbitrageBee
3 hours ago
After reading it twice, I was reminded of that saying: Those who hope their enemies have bad luck are often the ones who suffer misfortune first.
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ShortSqueezer
3 hours ago
Isn’t this exactly the kind of people in certain communities who shout every day that everything will go to zero and that a black swan is coming? They genuinely believe a disaster can reshuffle the deck, but the only ones getting wiped out are themselves.
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LendingCleric
3 hours ago
First Review
The most ironic part is that manufacturing fear has itself become a business—from selling courses to selling tokens. The predators are always more clear-eyed than their prey.
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