Subj : Re: Recession to Depression
To   : Kaelon
From : Andeddu
Date : Sat Jul 09 2022 15:03:44

  Re: Re: Great Replacement The
  By: Kaelon to Andeddu on Fri Jul 08 2022 10:32 am

 > Completely agree. It's amazing to me how the primary reason that history
 > repeats itself is that people don't understand predictable cause and effect.
 > The quantitative easing, the constant market growth at all costs, the
 > ceaseless bailouts -- they're a repeat of the inflationary behaviors that
 > largely provoked the two global world wars in the early 20th Century.  I
 > often tell other kids in the SaaS companies where I work as an executive
 > that the dot-com bust informed us who lived through it what is about to come
 > in software, and that every other middle-manager or executive who hasn't
 > lived through or at least studied it, is full of shit if they predict what
 > they think this is going to look like.  Half of all software companies are
 > already insolvent because they had no fundamental underlying go-to-market
 > strategy that was reinforced by actual inherent value streams or sustainable
 > recurring revenue models.

Our leaders are at fault for repeatedly selling us out to China for the last 30
years. We've somehow gone from being an economic and manufactuing powerhouse to
a hollowed out consumer based society with zero value. There is no viable plan
to reduce public services or shrink goverment to a sustainable level and even
during the Trump presidency I failed to see any tangible private sector growth.

Every successive goverment appears to believe they can print the difference
between tax revenue and outgoings year on year without creating problems down
the line. Well they are evidently wrong and the horror show numbers along with
the soon-to-be massive rise in unemployment proof in the pudding.

The issue we now have is that the can has been kicked down the road for so long
that there is no painless way to remedy the situation. I strongly belive that
everything is going to come to a head later this year or next.

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