Comments by "DrScopeify" (@drscopeify) on "Why Genoa Is Graying: Italy's Demographic Decline || Peter Zeihan" video.

@Mike80528 Mike, you are spreading nonsense. In the USA when a company promises a salary the worker ALWAYS gets it, you will never find the type of ad-hoc wages like in Italy in the USA it does not exist. Also, there is no such thing as late-stage-Capitalism that is a conspiracy of the uneducated, there is what is called Late-Stage of the Business cycle, if you know economics, every economy has a cycle of expansion and contraction, we today in 2024 are in late stage of the Business cycle, high interest rates to lower inflation, slowing down of the economy and sales numbers, corporate income is slow, and maybe there is or isn't a recession, then after that, a new cycle starts with early-expansion stage begins. This is a continuous cycle of all world economies. Capitalism has no expire date like your conspiracy is telling you, instead it has a cyclical nature from Ancient Rome and to this day. The cycle is psychological and economic, people spend money, cost rises with inflation, people slow down spending due to higher costs, then there is a recession and then demand begins to rise again. I highly recommend learning about the business cycle so that you understand better the world you live in,
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@SeanEustace-zk3mc That is totally different, you are looking at internal migration, The North-East corner of the USA has been losing population for like 60 years as young people move to the West and South. Many US cities have grown 2x in the last 30-40 years and are hard to recognize they have developed so much but in the North-east some look like they did 30 years ago but this is regional issue as industry changed and with people preferring warmer climate. The top cities for Tech jobs in the USA has no cities in the North-East except maybe Boston.
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