Comments by "J H" (@jasonhaven7170) on "Fractured markets: the big threats to the financial system | FT Film" video.

The issue is unemployment is too low for a normal recession. We're in a weird economic situation due to inflation. Because inflation is so high, workers demand more money, employers don't to hire expensive workers but want lots of cheap workers so there's a huge amount of low paid jobs. Workers threaten to leave so employers pay them high wages to stay, but that means both low-paid and high-paid employers can't get employees. Also, due to inflation, all workers are struggling with cost of living so they aren't spending, but they haven't lost their jobs. Plus, landlords keep demanding higher rents meaning employees can't afford to spend in the economy. Best way to fix this, build lots of housing so people have more money to spend.
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