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View Diary: The Single Fact that Explains Why this Recovery is Slow (100 comments)

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  •  No one is borrowing because they don't have jobs. (1+ / 0-)
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    Calamity Jean

    Hence, no income to pay back the loan.  Why no jobs?  Too many people relative to the jobs that need doing.  This will only worsen with increased technology and further population increases.  Solution.  Major war/plague.  With half the population there'd be work for everyone left.  Terrible but true.

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