this post was submitted on 30 Jun 2024
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But isn't it better to have a few years but then growth vs absolute death spiral due to low population which we would have to increase immigration for regardless
The problem is that most of the growth goes to the already rich as they pay immigrants poorly and make them pay high rents (hence the need to have multiple families living in a single unit). It's still a death spiral, just with higher profits for the rich few. The only way to make it not a death spiral is to force the rich leeches to stop sucking the blood out of everyone else.