/biz/ - Business & Finance

>>9113756
>Because thanks to global central bank policies, American get free shit from the rest of the world while the rest of the world(mainly China) works their ass off.
The chickens are going to come home to roost when China expects something in return for those IOUs (US Dollars). The US Dollar is going to devalue considerably and then imports are going to be hella expensive. And we're going to experience inflation as well, assuming that the Chinese trade their US Dollars to American residents. Who will then use those US Dollars to buy stuff, save for later consumption or invest.

>>if we enslaved the rest of the world then we would all have shorter working weeks
A society in which <63% of working-aged adults do all the work and 37+% are not employed is not sustainable. The labour force participation rate is 63%. Note that labour force participation rate includes unemployed people looking for work (Which represents about 5% of the labour force participants). So something like only 60% or less of working-aged Americans are actually working. And 40+% are not. That is absolutely fucking insane. Capitalism is a total shit show. People have to either rely on their families or go on welfare because they can't get a job in late stage capitalism.