We have equities in free fall, workers trying to unionize, workers just leaving high stress/manual labor jobs. This is causing EXTREME supply chain issues. Many companies are now up to 20-30 and hour and still getting no help. Only way out is a starting salary of $50-100/hour and jacking your product price so high to cover labor and get some profit.
Its Almost like Cathie did us a disservice by promising AI/Robots/Robotaxi…yet here we are. In the same world where everything needs to be done by a human, the most of the heavy lifting can’t be replaced.
The only way out is to flush everyone out of office/tech jobs via a depression and not print money so they are forced to work manual labor jobs again.
How does everyone see this one shaking out? We have some serious issues and I think we were lied to with this whole automation theme. Look at all the Amazon workers they are hiring whatever body they can get.
Equities right now feel like worthless lottery tickets. Dalio and his team have been saying this for a while, that the U.S. worker won’t work for a pennies on the dollar like S. American Country workers will. So in theory we are doomed. Is it possible they are right and we actually collapse?
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