3 ms·
The demand for the work some of those people were doing only existed because of fantasy estimates of the value of a market. When that fantasy evaporates, peopl
by bratbag 4y ago
The demand for the work some of those people were doing only existed because of fantasy estimates of the value of a market.
When that fantasy evaporates, people face hardship.
Worker efficiency makes that more likely, not less.
The real question is if 10 years of fantasy chasing growth followed by a year or two of reality, is better or worse than constant hardship where we never allow the fantasy of chasing growth.