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So I think that in reality with interests rates so low there is very little wiggle room to stimulate Western economies. So job cuts etc are gonna happen on a bi
by secfirstmd 7y ago
So I think that in reality with interests rates so low there is very little wiggle room to stimulate Western economies. So job cuts etc are gonna happen on a big level and the social safety net will feel massive pressure. Also I think that there is massive underlying disillusionment with lower and middle classes since 2008. In many cases this has led to the rise of far Left/Right parties. Many of whom have authoritarian instincts. I think the pain of another recession will see this trend happen again.