Subj : Re: Recession to Depression
To   : Kaelon
From : poindexter FORTRAN
Date : Mon Jul 11 2022 07:30:00

-=> Kaelon wrote to Andeddu <=-

 > 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.

 Ka> I agree, and if you study root causes of our economic inter-dependence
 Ka> and transformation into a consumer-only society

I spent the afternoon in Silicon Valley, went shopping at an outdoor mall I 
used to go to when I was a kid. We're in one of the most overpriced real 
estate markets, and it felt like the number of retail shops had dwindled, to 
be replaced by overpriced food and real estate offices. I suppose you can't 
afford retail any more - Amazon will eat your lunch if you're selling 
commodity goods and local specialty retail can't pay the exorbitant rent. 

It's a shame.

Pay a ton of money to move into an area and lose the charm the area had in 
the process.




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