5 Comments
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Mac's avatar

I've been shaking my head for a while now and I must say this piece seems to validate what two of my 5 senses (smell & vision) have been picking up. Sooner or later something has to give.

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Global Markets Investor's avatar

Yeah, it's getting closer. No wonder why the Fed is leaning towards rate cuts

https://twitter.com/GlobalMktObserv/status/1772278261843632174

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Nipples Ultra's avatar

How do these numbers jibe with the Covid death rates? And Long Covid rates?

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Global Markets Investor's avatar

Looks like ~1.2M deaths and 9M long covid according to CDC:

Sep 26, 2023 — Long COVID has affected nearly 7% of American adults, CDC survey data finds. CDC: Nearly 9 million have long COVID in U.S.

Do those matter?

I would rather be looking at the labor force participation rate, and this one has been increasing

https://fred.stlouisfed.org/series/CIVPART

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Nipples Ultra's avatar

I think the death rates are very important in the story of replacing native-born with immigrant workers. Politically, it's not so much a "Great Replacement" story, it's more a "capitalism requires workers and will find them" story.

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