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RE: LeoThread 2024-08-07 08:29

in LeoFinance6 months ago

The problem is the gig economy is not good for the overall economy as workers tend to take home less pay (when benies are factored in).

So the companies might be on fire but the economy is not.

And hell if a Big Mac meal cost $18, might as well Doordash some Olive Garden or something.

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It’s a vicious cycle

It’s a vicious cycle

Yes it is. Of course, with AI and robots, it is going even further. We are going to see the deflationary forces kick into over drive.