this post was submitted on 14 Mar 2025
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It makes sense that they're prone to the falacy of expecting things to carry on happenning mostly as they've happenned in their lifetimes, same as everybody else.
That being so, it makes sense that they are certain that there will be a rebound "because it's always what has happenned after a crash".
Or, if you want an historical reference, the Monarchy in France right up to the French Revolution never expected than no matter how much they exploited the rest, they themselves would end up on guillotines.