Thanks, BC, I did see that. I'd been paying attention to Dr. Doom for a few years now, mainly because I thought his predictions and assessments, while overwrought in a booming economy, would be sound in a black swan economy when other economists would underweight the risks of the economic moves. He's taken to referring to this economy as the "Greater Depression" given that it will drastically outpace the economic devastation of the 1930s. And you can see little signs all around (e.g., for the first time, the Chinese have not given economic growth predictions) that people in the know understand now -- and understood months ago -- that the drastic measures we took to protect lives would sink our collective economic ship.
There are a few small businesses that can thrive in terrible economies. Take Corn Nuts, for example. It's a large variant of corn, soaked in water for three days, then deep fried to the consistency of a nut. It was invented in the Great Depression (1936) by a local, Oakland native Albert Holloway, who ultimately cross-bred Peruvian corn strains to create his snack. It was cheap and different and broadly appealing. In fact, he originally created it as a very salty snack so bars would give it away for free to encourage beer purchases. The game of Monopoly was created in similar circumstances.
You all know that I think we've collectively underestimated the coming economic disaster. I started one of my own businesses on the side against the day that my employer decides that either I or my group are no longer necessary (Mrs. Mick runs the side business for now). About 45% of all workers have side hustles, so to speak. Not a bad idea as a hedge against an incredibly dim future.
https://www.sidehustlenation.com/side-hu...tatistics/
There are a few small businesses that can thrive in terrible economies. Take Corn Nuts, for example. It's a large variant of corn, soaked in water for three days, then deep fried to the consistency of a nut. It was invented in the Great Depression (1936) by a local, Oakland native Albert Holloway, who ultimately cross-bred Peruvian corn strains to create his snack. It was cheap and different and broadly appealing. In fact, he originally created it as a very salty snack so bars would give it away for free to encourage beer purchases. The game of Monopoly was created in similar circumstances.
You all know that I think we've collectively underestimated the coming economic disaster. I started one of my own businesses on the side against the day that my employer decides that either I or my group are no longer necessary (Mrs. Mick runs the side business for now). About 45% of all workers have side hustles, so to speak. Not a bad idea as a hedge against an incredibly dim future.
https://www.sidehustlenation.com/side-hu...tatistics/
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