🙏🏾🌒Good Day.
Everyone has heard news like this on the news: in the USA, unemployment according to the labor market report has decreased by 3% compared to the previous year, and all graphs have skyrocketed 📈📊. Have you ever wondered why this is happening? Unfortunately, the current generation of consumers means that the more people work, the more the internal market develops. Marketers have long taught people to work for new things, gadgets, technology, etc. And so, when more people work, the more they buy, and the profits of these companies grow.
In Russia, the overall stock market is represented by the Moscow Exchange index, and now a green candle has appeared, and the news says the whole market has turned around, come in and wait for profits. But in reality, the Moscow Exchange index will drop to 2000 points within the next year. Where does such knowledge come from?
Technical analysis of the chart
One of the main so-called bankers stated that they want to reduce 20% of their bank's employees and replace them with AI.
AI is a program or robot that works according to a script and consumes nothing and does not participate in the development of the economy of the country where it resides. It does not need food, a mortgage, a car, etc.
As a result, we will have more job seekers in the labor market and damage to the economy.
In such circumstances, is there a hint of economic growth?
Have a great day 👽🛸
