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- Embed this noticeWas thinking in the shower about how the next depression will play out. I think it's previous obvious that traditional market indicators don't mean shit anymore, and the way out this depression probably won't be accomplished through traditional means, either.
I was pondering more about the social aspects. When you consider that the last major downturn occurred 16 years ago (I'm not counting covid because that only happened for a couple weeks), it has been a long period of constant social discohesion. Liberal idpol and pigs unable to stop killing minorities has created a climate we haven't see since the civil rights era. Couple that with half the population barely having any savings, and it would be a situation that politicians fear. What's going to happen when the majority feels that an HR department didn't give them a job because of their race? What's going to happen when the majority feels that the reason why the jobs they would seek in desperate times, aren't available because of illegal immigrants?
I'm predicting 99+ weeks of unemployment payments at 100% of their previous salary. Might also see an early implementation of universal basic income. Politicians will be paying the public not to riot, and no one will care how much this will add to the country's debt