Freebies and Financial Recession - Realign of Economy

Every time financial recession comes in, it tries to fix some of the social issues and the economical mindset of the people.

Last time it got rid of the dot-com boom and then it managed to get over some of the scams like Worldcom too. In short companies too big to fail end up failing all over.

Since that time and now, we have seen the Pandemic, Social media revolution, Left wing golden age and the rebuilding of various regressive practices around the world.

And that means the current financial recession is about to change some more things that happened here in the past.

Freebies Mindset of Left

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Climate change non profit campaigns and the funding collection type of mindset has harassed many business and the rich people over the years. In fact last 10 years we have seen this sort of the mindset harassing people even more.

Recession is the time when the rich and the business would be revisiting some of those decisions and find out wasted funds. Freebies mindset type of the charity would be slowing down in upcoming times.

People like Elon have now took the capitalistic direction and that goes to show a lot of business men means business and not charity anymore in the market.

Expect Culture collapse for Capitalism

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Since the last 20 years a lot of regressive practices in society has changed in order to let the tentacles of the capitalism into the motion. And this has changed the Asia, Africa and many 3rd world nations. Recession amplifies this process.

You can expect the financial recession pushing the funding towards educating the people around the world to adopt the capitalism even more. It's better to expect that a lot of cultures would be getting hint by the time we reach the 2025.

AI in place of Low End Jobs

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No more freebie jobs too. This means a lot of jobs are given for the sake of the social identity and the rules laid out from the govt. Now that is not going to last for long and AI would be taking care of some of the low end jobs.

Some people hold jobs for as small as the printing and the taking call. I won't be surprised that many small companies keeping the IVR, Bots and the automated ticket systems with AI to handle the customer queries.

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Every recession brings us something new in the form of change. What worked in the last decade may not work now and such forced changes will be put on the people. We have no option than to accept such changes. Let's wait for recession to rebuild our society and economy in a different way.

What do you think?

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