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D F Barr's avatar

I read too much stuff, and listen to too many podcasts, to properly remember where exactly I heard or read about the UK’s current economic situation. But regardless, the U.S. is on the path to emulating the UK economy. That is, no real private sector economic activity. It’s all smoke and mirrors, financialized, and bloated with government workers and government dependents. It is collapsing upon itself. Imploding. The real and actual private economy of the UK is something like 30% of economic activity. Math doesn’t lie, eventually there is a reckoning. May not be in my lifetime, but eventually reality asserts itself. The phony baloney magical fantasy world of today will be interrupted by reality.

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Tamsin's avatar

A jobs program. Because... working in a factory is dehumanizing, therefore it is a great moral advance to send our manufacturing overseas to China so we can enjoy the society-wide benefits of a fully humanized workforce doing humanizing jobs like teaching in the Chicago public schools, building up our human capital right here at home so we can do the knowledge work other countries will pay us for royally, but can never do themselves because we thought of it first, ha ha ha. 😐

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