Labour is cheep. There is high unemployment, yet companies are crying for talents. You do not get rich by working, you get rich by having others work for you. J

Labour is cheep. There is high unemployment, yet companies are crying for talents. You do not get rich by working, you get rich by having others work for you. Just like the old merchants bying from one market and selling for 5x in another market. Many good and service are produced with the help of automation and sold with high margins. Demand is artificially high, or prices are fixed.