Generational Dynamics World View News

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Its not just the layoffs due to AI. There is also the AI investment bubble. The home real estate bubble. The impending commercial real estate collapse. The motor vehicle debt most are carrying, on top of unprecedented household debt.

Then there is the world wide government debt.

None of this is reversable without a major economic downturn where bad debt has to be written off.

But then the super rich, corporations (or in the case of China the CCP) will not want this to happen as it would mean bankruptcy. This means having to put the economy in some kind of a holding pattern where the government can suspend normal economic activity. Hence a major war.