Japan is back in recession. Well, it never really left recession. japan has a different way of doing things. The whole world is in recession, but people in charge refuse to admit it. They wouldn’t want you think it is their fault or anything.
I wonder if I should live long enough if I will find out that historians call this era Great Depression II.
The only reason we are not calling it a depression is because we have redefined a depression in order to not call this a depression. So many people are out of work that studies come out saying many young people who would normally go in to the workforce say they do not define themselves by a career. They may never do so when you consider how often people have to change jobs now in order to pay the bills.
The work ethic of the U. S. is being redefined. People used to introduce themselves by their name followed by their occupation. Now, people do not do this. you are lucky to hear any qualifiers used to group people. Political correctness should be called a war on labels. Indeed, “label” has become a bad word.
Buzz words are used on resumes in order to throw those resumes out. People doing the hiring look for reasons to discard resumes just as much as reasons to hire someone.
The economy shows all talk about the lack of inflation. Many countries and currencies have pumped gobs of money in to the system. This has inflated the overall system, but people are not buying so the effect of higher prices has not hit. They will hit all at once. We will go from this point to a massive spike in inflation that catches everyone out of balance.
Retail will undergo a transformation to kiosks or your personal device where you pick what you want off a list and go through the payment process without human contact. There may be a web interface to someone in another country to handle anomalies or not. You will buy things in the high street from someone in India who doesn’t have a clue if it makes you look fat because everyone in America looks fat to them.
Truckers will be replaced with robots driving the trucks. Teamsters will still be employed to watch robotic forklifts load and unload cargo because it is just more safe that way.
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