Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’
Europeans Are Becoming Poorer. ‘Yes, We’re All Worse Off.’
An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.
An aging population that values its free time set the stage for economic stagnation. Then came Covid-19 and Russia’s war in Ukraine.
Archive link: https://archive.ph/nzdtv
"values its free time set the stage for economic stagnation", those damned People wishing to not be slaves for the ultra wealthy are to blame, not the wealthy's looting and corruption! /s
Was putting 10 hours a day in my work before all that. Still putting the same hours in. Have obviously less purchase power. I don’t see no free time in this… I even had to learn some crafts to survive the inflation so it’s even less “me time” than before…
I'd LOVE to see all these figures redone with medians instead of averages or totals.
Yep. Wealth inequality in the U.S. really skews the perception in a lot of comparisons from country to country when using average income
Americans are becoming poorer. 'Yes, We're All Worse Off." A middle class overworked by its CEO set the stage for economic regression. Then came greedflation and federal rates increases.
“Then came Covid and russias war in Ukraine” bullshit. Then came capitalist interests seeing excuses to squeeze out the general population.
Fuck whoever wrote that.
Yeah no shit. Don't depend on hostile countries for anything.
Well yeah, they don't have enough young people to replace them. Did you miss the France protests?
We have automation and increased production to replace them. That’s what innovation is supposed to have done for society.
Like… wtf is this brain rot where we have produced productivity tenfold or more since the last generation and yet we try to tell people they can’t retire because there’s not enough workers to sustain it? That’s ludicrous.