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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.
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.