41–44 of 44 posts
Not coincidentally I've noticed a significant trend of opinion pieces in Bloomberg, WSJ, Fortune, etc. (quite arrogant in tone) consistently attacking remote work from all kinds of angles. This must be really hurting influential wallets.
1st Lt. Milo Minderbinder: Yossarian, I want you to do something for me. [removes item from small bag] I want to serve this to the men. Taste it and let me know what you think. [Yossarian takes a bite] Yossarian: What is it? 1st Lt. Milo Minderbinder: Chocolate-covered cotton. Yossarian: What are you, crazy? 1st Lt. Milo Minderbinder: No good, huh? Yossarian: For Christ's sake, you didn't even take the seeds out! 1st…
"We didn't mean THAT when we said disruption." Adapt or die, economy. And get used to it, the disruption has hardly gotten started.
The plutocrats would like a word.
Without predicting any specific outcome or scenario, though, I do think we are just-getting-started,
the triple threat of climate change impacts, AI, and inequity-cum-ascendant-fascism, broadly construed, make for a lot of destabilization... more than the tiger-jockey plutocrats are ready for.
If I did make a prediction, it would be that disequilibrium is going to as per usual be felt first and hard by those who always take the first fall.
But I am hopeful that we emerge from disequilibrium with the current order dismantled.
Revolution etc. are funny, as with so much else, slowly then suddenly. Etc etc.
Earlier quoted context omitted.
If society doesn't find a way to work through these issues before they turn into a crisis, we're bound to see (a) a wave of building bankruptcies, (b) a wave of small-business failures, (c) a wave of regional bank failures, (d) a wave of regional tax-collection holes, (e) significant stock and debt market losses for pensions, endowments, 401(k) plans, individuals, etc., and (f) higher local taxes for everyone, includ…
We need to stop propping up the economy and let the natural cycles take hold.