Re:Ray Dalio says the global economy is under threat
by croon on Monday November 04, 2019 @07:28AM
(#21440968)
Think further a few more steps. There will be an equilibrium around a pay where there is a long enough line for unskilled labor to fill all demand. Assuming an Econ 101 efficient transparent market.
[ Parent
| on HN ]
Re:Ray Dalio says the global economy is under threat
by littlestymaar on Monday November 04, 2019 @09:27AM
(#21441906)
> Assuming an Econ 101 efficient transparent market.
Which is basically “assuming a flat earth and atmosphere approximate to vacuum”. You can't get many useful insights from that.