RE:RE:RE:RE:Let there Business Ecosystem Work
GingerEnergy111 - (4/16/2024 11:38:04 AM) RE:RE:RE:Let there Business Ecosystem Work
Yes, velocity measures the strength of an economy. That chart shows that we are in a low strength period. It really tanked in 2020, no surprise, and hasn't had a complete recovery to "normal"
There are many reasons for this: technology, lower education, media driving "wants", etc...not fueling entrepreneurs leaves a whole lot of people in low paying, dead end jobs.
***
- you FORGOT the ELEPHANT in the ROOM
* TYRANNICAL COVID-19 LOCKDOWNS with the MASSIVE WEALTH DESTRUCTION of FREE GOVERNMENT MONEY with STAY AT HOME/NO WORK PERFORMED and a GIGANTIC INCREASE IN GOVERNMENT DEBT {$ 380+ BILLION in 2020 ALONE - that is 14+% of GDP}
z173
GingerEnergy111 - (4/16/2024 11:38:04 AM)
RE:RE:RE:Let there Business Ecosystem Work
Yes, velocity measures the strength of an economy. That chart shows that we are in a low strength period. It really tanked in 2020, no surprise, and hasn't had a complete recovery to "normal"
There are many reasons for this: technology, lower education, media driving "wants", etc...not fueling entrepreneurs leaves a whole lot of people in low paying, dead end jobs.