this post was submitted on 02 Aug 2026
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[–] SpaceCowboy@lemmy.ca 2 points 1 day ago

That all assumes people will not be living longer in the future.

The real cost of housing will decline.

Children generally live with their parents. We'd have to all start living with our elderly parents for it to be the same in terms of housing costs.

This is the real reason the billionaires are so afraid of a declining population. They need millions of desperate people struggling just to scrape by. Do you think Amazon could run its hellish warehouses the way it does if the cost of housing was half what it currently is?

You shouldn't assume billionaires are that intelligent. A huge amount of money has been invested into AI on the promise that it will take away people's jobs. billionaires are emotionally driven idiots. They learned from Jack Welch that if you cut jobs, line goes up. Therefore if you cut half of all the jobs, line goes up big. They're small minded people that don't think in terms of how the economy functions, they only care about their businesses.

If it were the case billionaires had some over arching plan for the economy, then Jeff Bezos would be thinking that if everyone were more prosperous, people would be buying more stuff from Amazon, wouldn't he?

They just want a bigger percentage of the pie, they don't care if the entire pie is smaller and in absolute terms a smaller percent of a bigger pie is more than a larger percent of a smaller pie. Why would they? They already have more money than they could ever spend, so they're obsessed with having more power than their competitors. Racking up a high score and gaining more power.