By this terminal stage, the competent have been driven out, quit or burned out.
What happens with the competent retire, burn out or opt out?
If the debt ceiling simply gets moved or suspended every time it is approached, then it isn’t really a debt ceiling as much as a largely ceremonial and ritualistic jousting between adjacent slivers of a political uni-party.
VIEW POSTNow that the US economy is totally dependent on trillions of dollars in stimulus and speculative gains reaped from the stimulus, there is no Real Economy left to pick up the pieces when the credit-stimulus-speculation bubbles all pop.
VIEW POSTIranian Agrius Hackers Target Critical Infrastructure: A New Cybersecurity Threat,
Israeli NSO group’s elite spyware detected in active war zone for the first time,
North Korean Entities Training Expat IT Workers in Russia Face US Sanctions … this and more in AofE #300
The net result of these dynamics is official unemployment can soar but employers will still be scrambling to find qualified, willing employees. The labor market is viewed as a sea of fluid workers.
VIEW POSTMark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture.
Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.
Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.
Recent Comments