SeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · edit-23 months agoThey just need to work hard like me.lemmy.worldimagemessage-square125fedilinkarrow-up1914arrow-down119
arrow-up1895arrow-down1imageThey just need to work hard like me.lemmy.worldSeattleRain@lemmy.worldM to Housing Bubble 2: Return of the Ugly @lemmy.worldEnglish · edit-23 months agomessage-square125fedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up6·3 months agoIf line stays flat? Things kinda gradually get shittier for a while. If line goes down? Economic collapse. Riots in the street. Civil anarchy. Homelessness and crime will skyrocket. Those of you who have never taken an economics class think this is satire. The problem is when corporate profits go up but wages stay flat or go down. Or when wages go up for some but not for others.
If line stays flat? Things kinda gradually get shittier for a while.
If line goes down? Economic collapse. Riots in the street. Civil anarchy. Homelessness and crime will skyrocket.
Those of you who have never taken an economics class think this is satire.
The problem is when corporate profits go up but wages stay flat or go down. Or when wages go up for some but not for others.