Comment on The worrying kink in this job openings, unemployment curveComments−gwbas1c11moIf you want to understand what's going on, I suggest reading "How Countries Go Broke: The Big Cycle" by Ray Dalio.https://economicprinciples.org/https://www.amazon.com/How-Countries-Go-Broke-Principles-ebo...The oversimplified explanation is that there's a money cycle that lasts ~80-120 years. We're going through the rough part of the cycle right now; and trying to fight it just prolongs it.
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If you want to understand what's going on, I suggest reading "How Countries Go Broke: The Big Cycle" by Ray Dalio.
https://economicprinciples.org/
https://www.amazon.com/How-Countries-Go-Broke-Principles-ebo...
The oversimplified explanation is that there's a money cycle that lasts ~80-120 years. We're going through the rough part of the cycle right now; and trying to fight it just prolongs it.