>>60857419
>You know this is all because they refuse to accept that the line cannot infinitely go up.
A contracting economy is not a good thing, the pessimism that will form for seeing the economy shrink will make companies less likely to invest in the future, which will in turn make the economy shrink even more, they will be less likely to hire new people when they are pessimistic about the future, which will result in wage pressure (you gonna find another job if you don't get your pay rise? with an unemployment rate in double digit %! good luck).
With higher unemployment, stagnating wages, and consumers like business' being pessimistic about the economy and the future. You will see consumption goes down, amplifying the contraction, and the death loop goes stronger.
The great depression was essentially just this, lines going down, feeding on itself
