Comments by "bighand69" (@bighands69) on "The Un-Recession" video.

  1. You still need people to run automation and you also have to design the business to be able to use automation. The real power of automation at this point and for the foreseeable future is output increases not getting rid of staff.
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  2. 2008 was a banking crisis, credit crunch and a correction in the economy. That was no mere recession and was a collection of different things.
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  3. 1929 was just a normal recession that got turned into a period of stagnation and then economic collapse. One of the biggest issues of that period was that the federal reserve would not use QE.
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  4. It is a tricky one .
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  5. It is not just the amount of money but the demand on the total number of products. We have had two years of market restrictions layered on top of a growing economic output which has meant that parts of the market are bursting while others are doing fine. There is no shortage of food in the US but there are issues in certain locations on the amount of houses, machine parts and raw materials.
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  6. The increase in US jobs is just down to the economy growing and investment in US production.
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