Inquiring minds might be interested in a pair of charts courtesy of Mish's reader Tim Wallace.
Note the trendline of new unemployment claims as a percentage of continuing unemployment.
Shared via my6sense
Industrial Era Capitalism was great for the past and it worked in that context; however, today it is our duty to configure a system for the post-automation society; the NEXT 50, 100, 200 years; bringing to bear the best of our collective intelligence, quantitative rigor, and intuitive forecasting capabilities, moving forward. For more than 50 years America's best and brightest have called for unconditional, LIVABLE #BasicIncome. It's time to join them. Here's why.
Inquiring minds might be interested in a pair of charts courtesy of Mish's reader Tim Wallace.
Note the trendline of new unemployment claims as a percentage of continuing unemployment.
Shared via my6sense