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Because eventually you'll run out of consumers as people pay nearly their full paycheck for absolutely necessities like shelter.
by prolikewh0a 8y ago
Because eventually you'll run out of consumers as people pay nearly their full paycheck for absolutely necessities like shelter.
- zxcvvcxz 8y agoI've heard of this theory before but never seen an example of it happening. Has this ever happened in any country's history? What was the corrective result thereafter?
- AstralStorm 8y agoIt never happened so far. What did happen is consumer goods crises where people couldn't afford necessities like food. War and revolutions followed. High rent prices with no recourse can cause the same result. Examples: Germany after WW1, Russian bolshevik revolution. Probably a few more.