America is slow-walking into a Polymarket disaster
#HackerNews #America #Polymarket #Disaster #SlowWalking #MarketTrends #EconomicCrisis
everton137
boosted
Oh *this* is a War on Drugs. The real addict? The U.S. economy. Its drug of choice? Oil. They tried to go "clean," but they relapsed. Now we’re seeing global acquisitive crime happening just to fund the habit.
Don't touch the fossil junk. Don't get hooked. Unless you want to end up like them: bankrupt, desperate, and dangerous to everyone around them
#EnergyTransition #OilAddiction #EconomicCrisis #GreenEnergy #Venezuela #WarOnDrugs
Oh *this* is a War on Drugs. The real addict? The U.S. economy. Its drug of choice? Oil. They tried to go "clean," but they relapsed. Now we’re seeing global acquisitive crime happening just to fund the habit.
Don't touch the fossil junk. Don't get hooked. Unless you want to end up like them: bankrupt, desperate, and dangerous to everyone around them
#EnergyTransition #OilAddiction #EconomicCrisis #GreenEnergy #Venezuela #WarOnDrugs
happyborg
and 1 other
boosted
"Cooperative businesses have lower failure rates than traditional corporations/small businesses: after the first year (10% failure versus 60-80%) and after 5 years in business (90% still operating versus 3-5% of traditional businesses) (World Council of Credit Unions study in Williams 2007). Evidence also shows that cooperatives both successfully address the effects of crises and survive crises better (Borzaga and Calera 2012)."
"Cooperative businesses have lower failure rates than traditional corporations/small businesses: after the first year (10% failure versus 60-80%) and after 5 years in business (90% still operating versus 3-5% of traditional businesses) (World Council of Credit Unions study in Williams 2007). Evidence also shows that cooperatives both successfully address the effects of crises and survive crises better (Borzaga and Calera 2012)."