The Great Weirding of Our Economies and Societies

What exactly do the 2020s hold in store for a weary world? There’s a problem that nobody can figure out right now, and it’s called the economy. Take America’s as an example: it just added an <a href="https://medium.com/eudaimonia-co/americas-future-it-s-bidenomics-versus-the-third-wave-of-american-fascism-24cf8335042" rel="noopener">astonishing number of jobs</a>, and the unemployment rate’s now at lows not seen since the late 60s, or around the time the US went to the moon. And yet more and more Americans are <a href="https://www.google.com/url?sa=t&rct=j&q=&esrc=s&cd=&cad=rja&uact=8&ved=2ahUKEwiitfib-P78AhWEQ6QEHZodBXsQFnoECAsQAQ&url=https%3A%2F%2Fwww.forbes.com%2Fsites%2Ftylerroush%2F2023%2F01%2F19%2Fmore-homes-in-the-us-are-purchasing-food-from-dollar-stores-over-past-15-years-study-finds%2F&usg=AOvVaw1nkRRfml8cXyrLt6YgXUzq" rel="noopener ugc nofollow" target="_blank">shopping at dollar stores</a>, struggling to make ends meet — precisely because in that very report, incomes barely budged at all. So…what’s going on here? Economists are a little bewildered by this. Are our economies going boom…or bust? Are Big Tech’s mega-layoffs a sign of things to come…or just an anomaly? How can it be that jobs are roaring, but wages aren’t budging? None of this makes much sense. And if you look at the economy qualitatively, that picture makes even less sense. In America, again, stories abound by now of couples earning somewhere in the region of half a million dollars between them…who still <a href="https://medium.com/eudaimonia-co/why-even-americas-rich-feel-poor-ec92f6cd8c8f" rel="noopener">can’t quite make ends meet</a>. Cry me a river, says the rest of the country, who’s on an average household income of maybe $60 or $70K, and are also barely keeping their heads above water, if that. And the rest of the world looks on at this, just as baffled. Half a million dollars…in earnings…for a household? That’s a lot of money, comparatively speaking, and yet if Americans struggle on that…the prosperous ones…while the people formerly known as the middle-class turn to dollar stores and side hustles as they fall into debt…what’s going on here? <a href="https://eand.co/the-great-weirding-of-our-economies-and-societies-fe08f7c0284f">Learn More</a>