Credit is extended by some entity that has amassed enough "money", a means of exchange, to another entity.
The one lending, the creditor, wants to see that the borrower, is producing a steady stream of income, sufficient to pay at regular intervals, the principal plus interest, for the terms of the loan.
This occurs at the consume level, and at the "industrial" or corporate level as well.
You can't remove any of these levels without destroying the current system.
So, obviously, automation presents "problems", the solutions (yes, there's more than one) to which are known by few, but known nonetheless.
Climate change is a more real, more serious threat.
It only seems alarming to anyone who doesn't have an eye to the horizon. Automation is looming like a spectre, the problems we have now are nothing more than a good warm up round for what's coming our way.
The idea of labor as a means of value exchange is becoming obsolete, and yet it's how most of the population trades. They trade time for money......hours of labor for a wage.
This is the consumer we're talking about, and without a consumer, there's no sense providing a good or service. That is, if the consumer can not exchange their labors for a wage, they have no way to consume your goods, so there is no consumer.
The problem and solutions are understood, but only by a few, and are going to be hard to explain to the many, the majority, who still don't get it.
We've all worked for criminals our whole lives, to various degrees.
Part of the problem, is how we define "crime" to begin with.
I guess what I don't get, is why you come here to post a thing like this.
I mean, it's not like there's a "Troll fighting" tax credit on line 78 of the 1040-G tax return?
Wow, looks like the audience is with me there, dark lord Mav.
Hello pizza my old friend, I've come to munch on you again...
Oh, you're hoping for cell mates.
Now I get you!
You're a sick bawsted!
I'm going to nit pick your grammar for the sake of humor here.
When you say, "Whatamarket your Nuts", you're actually referring to the nuts of Whatamarket, grammatically.
If you're trying to tell Whatamarket that he is nuts, then you would say, "Whatamarket you're nuts."
Rationalize your self indulgence all you want to. But Jesus made it clear, to serve him, is to abandon all luxury to do his will.
The little old poor lady put "two cents" in the basket....as the rich were pouring out tidy sums into that same basket.
Jesus pointed out that she had given more. For the rich guys still had more than enough to indulge themselves while she would be reliant on the heavenly father to eat that week, because what she gave, was all she had.
I'm not religious, I think there was a person that the Jesus of the bible was modeled on, and I believe that person had the right philosophy, I also think it's a crying shame that his teachings were contaminated by the Roman Catholic Church founders.
But if you aren't willing to walk the walk, you're better off not talking the talk.
Go to a quiet room and beg for mercy, is the advice Jesus had for those who are too weak to do his will.
that is getting hit hard. The logging and paper industries, a niche of manufacturing, is getting hit hard right now.
This is nothing new, the sector, in general has been in decline since the late 1980's, with some ramp ups during the "roaring 90's". During the 90's, logging and paper making, didn't see much of the ramping up that happened in spells. In fact, that "niche" got pretty darned close to being wiped out altogether.
Are we seeing a big old dark cloud or sunny skies on the horizon for manufacturing here in the USA?
From what I'm seeing, we're going to see some partly sunny conditions giving way to light clouds and comfortable temperatures over the next five to ten years.....which bodes well for the overall picture for the USA.
Well, you'll always have the steak in a vampire's heart thingy.
I just wonder what's best, chuck or sirloin?
If you followed the lord, instead of being a blow hard like you are, you'd take the coffee money and put it in the mission basket for someone who is starving to death.
Those who follow the lord have no dime to spare. That is, it already went to stock the food pantry.
Don't preach to me, you only make me angry, fool.
I think wage growth, and everyone pitching in.....in other words, those who make it up to the next bracket or so can pay in rather than get a tax "bonus".....combine that with a removal of "corporate welfare" such as the import export bank.....
There's a few tweaks to be sure, but it's not all out of reach.
Glad to hear you're having a good one, and thanks for your "boots on the ground" input. There really is no better measure of what's going on, than what we see and hear of local business throughout the nation.