Not enough workers means you have to pay them more money.
Paying workers more money causes inflation.
Inflation causes the Fed to increase interest rates.
Increased interest rates drop stock prices because it makes it harder for businesses to expand and make profits.
When stock prices drop people move to other investments.
And on top of this is we are due for either a recession or another Great Recession or Great Depression.
Who gets to completely own this this time?
Trump.
And Trade wars tend to lead the world to a worldwide Great Recession or Great Depression at this point or within a few years time.
And if Trump has collapsed the Japanese, Korean and Chinese economy through the Trade War against China, they aren't going to like Trump at all (or likely the U.S. either) and they might continue the trade war against us as revenge.
There are ramifications to everything in the beginning, the middle and in the end and ongoing.
Trump's isolationism is likely destroying our economy in the long run because of revenge by Asians against us into the future.
The U.S. plans in 4 to 8 year presidential cycles. China and Japan and even South Korea plan in 50 year cycles. There is no real competition from the U.S. in a 50 year cycle of plans by Asian countries.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- It looks like I wrote this in 2002 which is the year after 9-11
- Transhumanism from Wikipedia
- Cancer rates 1900 to 2000 and beyond
- Ray Kurzweil created the idea of the Singularity in regard to Artificial intelligence. He believes it will come by 2050
- As midterms near, grocery prices remain top of mind for many Americans
- This is what the code looks like displayed on a page
- How to Survive a Potential Recession
- Conservative Backlash at Jeanine Pirro
- doctor visits due to flu reach highest level in 30 years
- Climate change, new construction mean more ruinous fires
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