Assuming the finance a pizza bit is true, it’s a sign that the American economy is on the brink of a deflationary spiral. Debt is being created, but at some point, it will not be paid back in sufficient amounts, and then the capital to create more debt will dry up, resulting in the amount of money in the economy drying up as well. Businesses will be forced to lower prices and scale back operations, which will result in rising unemployment. Which in turn will result in even less money in the economy, perpetuating the circle.
It’s not even like they are struggling financially
These big companies just want more to the point of sinking there business because they got a fraction less profit that year
at this point an economic crash seems like the only possible future, but I’m not sure if it would be good for your average person or if the top 1% would take advantage of it to get even richer
Most of the world is already in an economic recession in the sense that median purchasing power of is dropping fast.
However economist are great at fudging the numbers to show “gdp growth”. It true, absolute gdp is rising but it doesn’t mean anything if it’s evenly distributed.
Assuming the finance a pizza bit is true, it’s a sign that the American economy is on the brink of a deflationary spiral. Debt is being created, but at some point, it will not be paid back in sufficient amounts, and then the capital to create more debt will dry up, resulting in the amount of money in the economy drying up as well. Businesses will be forced to lower prices and scale back operations, which will result in rising unemployment. Which in turn will result in even less money in the economy, perpetuating the circle.
Thats the nature of an economy where most currency circulating is actually just debt.
It’s not even like they are struggling financially These big companies just want more to the point of sinking there business because they got a fraction less profit that year
at this point an economic crash seems like the only possible future, but I’m not sure if it would be good for your average person or if the top 1% would take advantage of it to get even richer
I think if you reflect a little, you know the answer really. Take a look at what happened during the pandemic
Although the 1% is really the 0.1%. So it’s much, much worse.
Most of the world is already in an economic recession in the sense that median purchasing power of is dropping fast.
However economist are great at fudging the numbers to show “gdp growth”. It true, absolute gdp is rising but it doesn’t mean anything if it’s evenly distributed.
Alright I am done for it, gotta quickly think of something to hoard so that I can make some profit afterwards
If only money machine could go brrrr…