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submitted 2 months ago* (last edited 2 months ago) by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world
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[-] iamjackflack@lemm.ee 64 points 2 months ago* (last edited 2 months ago)

Who cares, let population decline for a generation or so. Maybe we will stop producing so much shit and scale back

[-] UnderpantsWeevil@lemmy.world 23 points 2 months ago

let population decline for a generation or so

But that's bad for the Big GDP Number

[-] s_s@lemm.ee 8 points 2 months ago

Oh no, not the economy!

Anyways...

[-] UnderpantsWeevil@lemmy.world 5 points 2 months ago

The Economy is kinda important, especially when the big Economy Computer starts telling everyone that a downturn in Brawndo sales means they're all homeless.

[-] uis@lemm.ee 2 points 2 months ago

Big Economy Computer? I didn't know USSA already have built communism.

[-] UnderpantsWeevil@lemmy.world 2 points 2 months ago

https://en.wikipedia.org/wiki/The_People's_Republic_of_Walmart

With the size and scope of modern American mega-corps, we're closer to it than you'd think. Hayek's economic calculation problem is functionally solved.

[-] iamjackflack@lemm.ee 3 points 2 months ago

Would that be the worst thing in the world? Probably not

[-] pyre@lemmy.world 15 points 2 months ago

that's not how capitalism works. if you're not selling enough shit you find a way to make the same people buy more or pay more. line must go up. no scaling back. line must go up.

this post was submitted on 28 Jul 2024
897 points (100.0% liked)

Housing Bubble 2: Return of the Ugly

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