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by w10-1
24 days ago
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Some investors won't get their money back, and some people will lose their jobs. In the economy, the difference between winners and losers in terms of assets/resources may get larger. By far, HN readers are better positioned to gain than others. But the biggest question is the new disconnect between a healthy economy and well-being, as the economy soars but people suffer. Goodwill underlies all economic activity (now and historically), and without goodwill opportunity and value of all kinds will mostly be destroyed. I wouldn't call this dead economy. Cultures and economies will become tribal, with private adjudication and governance, to create pockets of relative goodwill. |
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