[nkh]

We should buy the assets put them in a social wealth fund (like Norway's). https://www.peoplespolicyproject.org/projects/social-wealth-...

It's a very good way to get out of this feedback loop, and I don't ever see anyone mention this very obvious solution.* The linked paper shows all of the different mechanisms that it could be accomplished. But when people go bust, it's even more straight forward.

* Obviously, the reason it isn't talked about in main stream circles is that it would work really well (as it does in Norway and Alaska) and dispossess the ultra wealthy (and the ultra wealthy own those outlets). But thought I'd share the idea here if case people haven't been exposed to it.