And that 20-30% real unemployment from arbitrary, consultant-led mass firings creates zillions of people who primarily consume only minimal goods and services after no longer having disposable income or retirement capital to plow into financialized investments. Also, a surplus of idle, disgruntled people hasn't led to many historically positive outcomes.
That second sentence there... I think on that topic often. America in particular has a very restive population. We all benefit from that poltical and social stability in many ways and it could all fall apart... to the benefit of basically no one.
And that 20-30% real unemployment from arbitrary, consultant-led mass firings creates zillions of people who primarily consume only minimal goods and services after no longer having disposable income or retirement capital to plow into financialized investments. Also, a surplus of idle, disgruntled people hasn't led to many historically positive outcomes.
That second sentence there... I think on that topic often. America in particular has a very restive population. We all benefit from that poltical and social stability in many ways and it could all fall apart... to the benefit of basically no one.