anyone who can manage to get some blood out of the system, even if it's just smoke and mirrors, shoots to prominence. i won't name names.
for everyone else there's less and less. landlords squeeze harder, workers are stretched further because there're fewer of them, and because there're are fewer of them everthing slips. and so on. basically, as the rate of profit falls over time, everyone squeezes harder and is squeezed harder, everything gets worse. what's kept a lid on it since the great depression is the government dumping money on it, in various ways. perhaps that mechanism is running out of juice.
hopefully we don't start a war with russia or china to create demand.
https://en.m.wikipedia.org/wiki/Tendency_of_the_rate_of_prof...
anyone who can manage to get some blood out of the system, even if it's just smoke and mirrors, shoots to prominence. i won't name names.
for everyone else there's less and less. landlords squeeze harder, workers are stretched further because there're fewer of them, and because there're are fewer of them everthing slips. and so on. basically, as the rate of profit falls over time, everyone squeezes harder and is squeezed harder, everything gets worse. what's kept a lid on it since the great depression is the government dumping money on it, in various ways. perhaps that mechanism is running out of juice.
hopefully we don't start a war with russia or china to create demand.