Fun fact: for my family's insurance, it is $106/mo to pay for dental. I get access to two cleanings a year, plus 50% of billed expenses up to $1000. What is even the point?
The point was to take us riiiiiiiiiight up to the point where there is not point but not cross it explicitly.
Where we go from here is probably downward spiral because the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements.
The end road is the long term debt cycle breaks and our economic system is once again reshuffled. The unfortunate part of that is it happens roughly every 75-100 years and typically involves a major global conflict and multi-decade depression. Buckle up buckaroos!
the corporate world maxed out profits during Covid and now somehow has to still show quarterly improvements
Ugh. Yes. I've never quite thought about it in terms that simple, but sadly it's 100% correct.
Endless year-over-year growth is entirely unsustainable, but the corporate world will hear none of it, because they won't be the victims. They can continue to socialize losses and privatize profits to keep the system propped up for a long time. I don't think it's forever, but realistically it's going to take a revolution-level event to put an end to it. If the only other option is to wait it out, I fear we won't even see improvement in our lifetimes -- we'll just continue falling into this dystopia.
This holds true in Sweden too. If I fell off a cliff and broke all my bones, my hospital and recovery expenses would be super low. If I broke all my teeth I'd be ruined financially forever, or more realistically, I wouldn't have any teeth and one hell of a bill for setting my gums straight.