3 ms·
It's way more complex. Technology is driving deflation even for equities as extraction and refinement becomes cheaper. But the worst is mass migration an the b
by alecco 10mo ago
It's way more complex. Technology is driving deflation even for equities as extraction and refinement becomes cheaper.
But the worst is mass migration an the bulge of the world population pyramid entering working age [1]. Labor costs down for corporations and our wages evaporate. Compound with AI and automation.
I think the future is very unpredictable.
[1] https://www.populationpyramid.net/world/2025/ https://www.populationpyramid.net/world/2025/
- maerF0x0 10mo agoI'm not sure how the cycle continues though if we dont have jobs, the companies do not have buyers?