Fixing it is going to involve people living conservatively like their ancestors did. Ooooo no more shop till you drop. No more keeping up with the Joneses. No more I'm entitled to it because I work hard.
The economy is in trouble because of widespread irresponsible spending, and the country produces less than it consumes. You need major exports not major imports.
It is suicidal to act in that manner. In the past, people tended to buy what was made in their country. It was very healthy for the economy, and the nation prospered. When people started buying imports like made, an enormous amount of wealth was transferred out of the nation. That wealth is not coming back.
It will take some time, and turn around in some places more quickly than others.
On a personal note, I just applied for a great job in my field that is actually junior level (which is my skill level - most jobs in my field I see posted online and elsewhere are very senior-level or require areas of expertise that I don't have). So I have some hope for myself in the coming week or two! :smile:
It will take some time, and turn around in some places more quickly than others.
On a personal note, I just applied for a great job in my field that is actually junior level (which is my skill level - most jobs in my field I see posted online and elsewhere are very senior-level or require areas of expertise that I don't have). So I have some hope for myself in the coming week or two! :smile:
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