Unfortunately, His Warnings (in the 90’s) Have Come To Fruition

Unfortunately, His Warnings (in the 90’s) Have Come To Fruition
byu/sillychillly ineconomy



by sillychillly

8 comments
  1. Like economists who have predicted 32 of the last 3 Recessions, he has been talking about societal collapse within years … for over 30 years.

  2. This is really spot on!
    He is still at it putting out new interesting commentary all the time. A clever and talented guy.

  3. We have not returned to Feudalistic Society with its only 2 tiers. Socialism and Communism failed worldwide, and they were famous for having a two tier Society and that has collapsed. China now has a “Middle Class” after becoming Capitalist. We are NOT working more hours, but less, with Covid sending half the work force home. Working from home is less work, because now you don’t spend the 2 hours driving to work and back.

  4. 15 years ago… sounds like the fall began with Ronald Reagan and his “trickle down economics”

  5. Here is a man that has only ever worked in academia or for the government. I have no respect for a pundit who has never seen or had the opportunity to put his theories to the test. He has likely never had to even defend his ideas or listen to a dissenting opinion. Just pontificates about BS. I suppose it’s a great job if you can get it.

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