History will always repeat itself until a new economic system is made.
Today's economy is built on an ever expanding economy. That is unrealistic in the long run. Fewer and fewer on the top are making more and more and more!
I made a post once how the top 10% made more than the bottom 90% combined about six years ago.
Now they are saying that LESS than the top 1% are making more than the bottom 99% combined.
That is a unrealistic type of economy! It just can not be sustainable.
You push bigger corporations to only be bigger and bigger. So they pass down percentage wise less and less!
Where we once only needed one person working only one job for a large number of kids, we need two or more people working multiple jobs with no kids!
Guess what is happening now?
They are having multiple seniors living with a single parent with a kid as apart of assisted living! Multiple incomes to support a single kid.
It's no longer sustainable!