The point was to take us riiiiiiiiiight up to the point where there is not point but not cross it explicitly.
Where we go from here is probably downward spiral because the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements.
The end road is the long term debt cycle breaks and our economic system is once again reshuffled. The unfortunate part of that is it happens roughly every 75-100 years and typically involves a major global conflict and multi-decade depression. Buckle up buckaroos!
the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements
Ugh. Yes. I’ve never quite thought about it in terms that simple, but sadly it’s 100% correct.
Endless year-over-year growth is entirely unsustainable, but the corporate world will hear none of it, because they won’t be the victims. They can continue to socialize losses and privatize profits to keep the system propped up for a long time. I don’t think it’s forever, but realistically it’s going to take a revolution-level event to put an end to it. If the only other option is to wait it out, I fear we won’t even see improvement in our lifetimes – we’ll just continue falling into this dystopia.
The point was to take us riiiiiiiiiight up to the point where there is not point but not cross it explicitly.
Where we go from here is probably downward spiral because the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements.
There is no end to the ass fuckings in sight.
I wish this wasn’t true but is…
The end road is the long term debt cycle breaks and our economic system is once again reshuffled. The unfortunate part of that is it happens roughly every 75-100 years and typically involves a major global conflict and multi-decade depression. Buckle up buckaroos!
Sort of like cyclical volcanic eruptions! And the longer the pressure builds, the more intense the eventual eruption.
Ugh. Yes. I’ve never quite thought about it in terms that simple, but sadly it’s 100% correct.
Endless year-over-year growth is entirely unsustainable, but the corporate world will hear none of it, because they won’t be the victims. They can continue to socialize losses and privatize profits to keep the system propped up for a long time. I don’t think it’s forever, but realistically it’s going to take a revolution-level event to put an end to it. If the only other option is to wait it out, I fear we won’t even see improvement in our lifetimes – we’ll just continue falling into this dystopia.