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"That’s what happens in recessions. But for decades after World War II, lost jobs came back when the economy picked up again." Before WWII there was 1930s depr
by Htsthbjig 12y ago
"That’s what happens in recessions. But for decades after World War II, lost jobs came back when the economy picked up again."
Before WWII there was 1930s depression(stock crash). In the WAR ALL CAPITAL was destroyed outside the US, making US to become the ruler of the world.
Today there has not been depression yet, the stock crash or hyperinflation or whatever happens is not here yet.
Bailouts, QE, Keynesianism, stock pumping means those that have created the crisis have not paid for it, but the people.
Everything else is just noise and confusion. The people that are controlling more and more wealth also control the media.
They are really scared about the future. They prefer to confront each other against each other("they are taking your jobs"), or against an external enemy(Russia, China) that to lose their current status quo.
You see all those articles about automation or immigration taking people's jobs, but in reality is as simple as those controlling the wealth's representation(money) giving it all to themselves first with the geometric, not algebraic methods of redistribution printing money gives them.
I have actually earned hundreds of times what I "invested" on the stock market. It is not because I am smarter, but because I understood the game. I have a company in the real world in which a 10% profit per year is great news. In the stock I have won 200% profit rates!! on recent years. This is unsustainable.