Comments

• RadioFreeArabia@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Worse, you will get used to it.

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• sunbytes@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  No. Things will just get worse.

  Your statement has probably been true since 2008. Maybe longer.

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• Clent@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

  More of a sticky slide into a chaos. From it our pain and suffering will fuel new metrics for new economic models with new crash indicators. Indicators that when applied to today would appear as an ominous array of flashing red lights.

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• Demonmariner@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Why, this is a crash, nor are we out of it.

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• sircac@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Headed? I would say we are a looney toon several meters in the air beyond the cliff border after traverse a mountaing through a tunnel pinted in the wall with an ACME parachute… and I think that I fell short in the hyperbole

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• Tollana1234567@lemmy.today ⁨2⁩ ⁨weeks⁩ ago

  brought on by the dismal job prospects of many degree/fields too, even before trump 2nd term.

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  • LadyButterfly@piefed.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

    Yes degrees are ridiculous nowadays. Graduates are ten a penny and debts are awful

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    • Tollana1234567@lemmy.today ⁨2⁩ ⁨weeks⁩ ago

      before covid hit i was visiting indeed forums and glassdoors quite alot. and found out so many people are like struggling with thier employment. Indeed and glassdoor shut them down, because the employers/companies were threatening the site owners with lawsuits because it made them look bad, because people were reporting how terrible the employers were, unethical business practices,etc.

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• loomy@lemy.lol ⁨2⁩ ⁨weeks⁩ ago

  we’ve already crashed

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• MITM0@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  Yes

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• gandalf_der_12te@discuss.tchncs.de ⁨2⁩ ⁨weeks⁩ ago

  Grocery value didn’t go up. Real wages went down. We should measure inflation based on cost-of-living.

  Groceries don’t really get more expensive, because the methods for producing food don’t really get less efficient over time; if anything, it’s more efficient. So there’s no real reason for them to become more expensive.

  Instead, wages declined. I’ve already commented many times that the labor market is a free market, that means it’s regulated by Supply and Demand. I.e., if prices for labor go down, as we can observe, then that can be interpreted such that supply of labor went up (women go to work too, offshoring labor to other countries, immigrants, …) or that demand for labor went down (automation, end of growth, …).

  I honestly think that both cases are difficult, where the supply of labor could be a bit reduced by kicking out immigrants and home-shoring labor (and also, to a lesser extent, making it more difficult for women to work), which btw some advisers to trump are seemingly trying to do, but my honest opinion is that it won’t bring wages up to how they were in the 1960s. Demand for labor is shrinking too, due to the end of growth and now AI and other automation techniques. I guess we’ll have to face that.

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  edit: just to offer an optimistic outlook, i think that consumerism and therefore demand for consumer products could be stimulated by simply giving handouts to people. most people will spend most of the handouts immediately, and that stimulates consumerism. and that in turn stimulates the economy.

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  • Fredthefishlord@lemmy.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

    Groceries don’t really get more expensive, because the methods for producing food don’t really get less efficient over time; if anything, it’s more efficient. So there’s no real reason for them to become more expensive.

    There is reason though. Making them more expensive increases money in flow. Prices aren’t just based on supply

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    • gandalf_der_12te@discuss.tchncs.de ⁨2⁩ ⁨weeks⁩ ago

      that depends on whether there’s still competence in the grocery market

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• SoftestSapphic@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  ITT: Slaves use bunk stats to feel indignant about maintaining the status quo.

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• anonymoushobbyist@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

  Over-population: Sole reason for everything

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• x3dre1960@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  [“Create one’s own money as a IOU/ Promissory note, put your thumb print on it’s value and signature to it and get others to do the same. Trust it as you would have done so if it were debt based fiat currency. Get your villages and towns to start using it and bingo a new private lawful currency has come to life. :-) .”]

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