Discover and read the best of Twitter Threads about #fifthparadigm

Most recents (1)

Jul 13th 2020
@PaulGambles2 @MartinSoong @cnbcSri 1/ I agree with the points in your thread and share the expressed intuitions. In this reply I want to set aside the fed/asset questions and just focus on the real economy.

Events like this tend to accelerate trends that already existed, so let’s highlight 3 of those:
@PaulGambles2 @MartinSoong @cnbcSri 2/ a) Manufacturing employment both in absolute # as well as % of total workforce have been declining for decades. This trend may bounce a bit, but will accelerate. Even when sector output eventually goes up, jobs will decline.
@PaulGambles2 @MartinSoong @cnbcSri 3/ a) cont. Any reshoring that may happen won’t be big enough to change that. In fact, we should expect manufacturers to use the free capital available to invest in further automation to eliminate jobs made unreliable by virus “flare-ups” effecting employees.
Read 7 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!