Which will then cause a panic.
And I think that leads to calls for one or more of the following:

• Redistribution of wealth
• A hurried UBI implementation
• A nationwide ban on foreclosures and evictions
• A law saying you can’t use AI employees
• A law saying you can’t fire anyone
• Etc.

Is he implying these are a list of bad things? I mean the term “AI employee” is nonsensical, and people should sometimes be fired with-cause if the cause is bad enough, but the rest is OK. No need to worry about any of this happening any time soon though given the populace’s politics, media/propaganda consumption, and the people currently in power. In the event of severe economic downturn, we’re more likely to see the rich buying up everything on the cheap and trying to implement their fantasies of labor camps, company towns, network states, corporate city-states, or whatever other stupid ideas they have.

Not sure the downturn will start in a few months, but an economic downturn under this admin is a certainty. I don’t think it’ll officially be called a recession, and the official economic data will be fake…

Its anecdotal but in the Houston metroplex, I feel like there is a lot more commercial real estate that is vacant or for rent than in years past. Thats really bad news when you remember that these buildings are almost all financed on mortgages and when their leases dry up, the mortgage payments get harder to make and eventually default. These defaults arent the size of a car loan or residential mortgage, they are usually an order of magnitue bigger which in turn impacts the lenders/banks.

This guy is a philosophical typesetter. What’s with every paragraph being a different font?

Why’s he so worried? The system is absolute shit and he’s worried about change? Collapse is for the greater good.