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Not a 19th century scholar; can you provide a couple links to the current situation? Or reference the points you are trying to make to make it easier to search
by arwineap 5y ago
Not a 19th century scholar; can you provide a couple links to the current situation?
Or reference the points you are trying to make to make it easier to search? For instance, most of my results right now are pertaining to the civil war economies of the north / south United States
- Spooky23 5y agoSure, I’d start here. https://en.m.wikipedia.org/wiki/Long_Depression https://en.m.wikipedia.org/wiki/Long_Depression I think the the internet and technology is the equivalent to the railroads and industrialization in the 19th century. You also have the currency issues with silver and gold standards which may play out similarly to some of the crypto issues of today. I’ve worked in a large enterprise for a long time, going from project to project that essentially automated away some semi-professional human work with automation at a 50-90% savings. Over 15 years, there’s about 35% fewer people doing 50% more work. That trend is only speeding up. I don’t see how the current model of using cheap money to prop up real estate is a sustainable economic model. Take with appropriate grain of salt. I’m not an economist, and my understanding is that of a layman.