Anybody Buying Yet? Where’s the Bottom?

[Forkyfinder]

Plenty of vacant Shopko buildings to fill, before gobbling up vacant land.

A solution so far fetched it could be a poltiical slogan.

 

[BigHornRam]

A solution so far fetched it could be a poltiical slogan.

It's a better idea than turning em into Boomer internment camps.

 

[SAJ-99]

I agree in principle - but what other technical innovation has caused that?

I.e. industrial revolution, internet, internal combustion engine, etc

Sure. Sewing machine, oil, electricity, the train, etc all helped. Only difference is those occurred over decades. Change is inevitable. It is the pace of the change that has me wondering (and the accounting fun happening with company earnings). Productivity is usually pretty consistent over the long term. It usually spikes after recessions. Right for we are close to 3.5% which is really good for a non-post recession reading. The issue is the unemployment rate for those 22-27 was almost 8%. So it looks like the increasing productivity is bleeding through to employment. New jobs data tomorrow so we get to see another data point on the trend. There is still a picture that can be sold depending on a persons view. If you have options in OpenAI this is the greatest invention since the wheel. If you are a doomer, this is the end of the world we know.