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by sliceof314
5436 days ago
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examine this by economic sectors:
primary - extracting products from the earth
this sector has seen consolidation (farming) and has been chasing lower and lower returns with higher input costs (see gas fracking for example)
secondary - manufacturing
offshored
tertiary - services
offshored / massive incumbents from decades of M&A who stifle competition.
Quaternary - intellectual
massive cuts to basic science research, libraries, etc.. please read the above with all the caveats which should apply to hysterical internet posts.. :) |
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