Just don't understand it

Our economy just seems to keep on growing even if recessions and pandemics keep on hitting us. I am not complaining, but... I do wonder how this is possible. I suppose we are fortunate, even though the benefits are unevenly distributed.

7 Comments

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Anonymous

Sep 25, 2020 at 4:26pm

Money printing by the feds and a real estate bubbles that won't burst. The worlds economies look like a Ponzi scheme that's doesn't collapse, but if it does the rich will get a bailout. The rich have gotten richer during COVID-19, by the Billions.

16 4Rating: +12

It is because...

Sep 25, 2020 at 5:20pm

... the economy that grows is somewhat decoupled from wage-labor. Imagine Tetris, and the guy who invented it---I don't know if he ended up with a patent, copyright, etc. but for at least a few years, let's presume he ended up generating millions of dollars for himself and others.

6 5Rating: +1

Anonymous

Sep 25, 2020 at 5:26pm

Kind of hate to be the one to break the news, but right now the "markets" are in their final throes which precipitate a gigantic crash.

About all the anyone is doing is borrowing money from the government at zero interest rate then buying stocks in their own companies, which is leading to somewhere else too weird to get into here.

13 8Rating: +5

Anonymous

Sep 25, 2020 at 6:07pm

Check their back pockets !
Full of money.
Damn
Been in the red for many years,
Apparently.
Really red ? are you sure ?
Or in the GREY !
So many grey areas.
LOOPHOLES §
HIDDEN PLACES ¤
Sounds like a Scooby Doo Mystery to me !
Come on gang *

Love punctuation. Lol

7 6Rating: +1

Unjust ?

Sep 25, 2020 at 6:09pm

Government ;)
Bahaha
There great.
Tony The Tiger says so..lol

6 6Rating: 0

@Unjust poetry lines

Sep 25, 2020 at 9:05pm

Learn some prose.

4 6Rating: -2

Asset inflation

Sep 26, 2020 at 5:58pm

It’s not real growth. The real signs of economic growth are how many new kilometres of highway or bridges have been built, new warehouses and factories opened and how many more people are working in jobs that pay more than minimum wage. Our economy is now almost completely dependant on the fees financial services and asset management intermediaries receive

6 3Rating: +3

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