this post was submitted on 11 Jun 2026
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Work Reform

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[โ€“] terranoid@lemmy.cafe 10 points 4 days ago (1 children)

You know, reading the article, I think we're just fucking headed for a depression at this point.

History rhymes, but it doesn't repeat. Yet, it rhymes quite fucking well. 100 years ago a Republican led US did dumb fuck tariff maneuvers and caused a depression.

We might not have a dust bowl, but we'll have weird climate shit. We might not have "slums", but we'll have tent cities. We might not have WW1, but we might have WW3.

[โ€“] jubilationtcornpone@sh.itjust.works 3 points 4 days ago* (last edited 4 days ago)

Construction, manufacturing, and other related industries are already experiencing rapidly slowing demand. Tarrifs and the Iran war made a huge dent there. As soon as the "big shot" investors finally realize that they're going to get nothing more from the AI craze, they're going to bail and the collapse will be fast and furious.

Edit: I hope that doesn't actually happen but the outlook is not great.