So, as I had mentioned in a previous post, I quit my gig at Caustic (ironic, the name of the company given its also a characteristic of my disposition) back in September. Since then I have had the honour (or is that privilege) of watching the economy tank. It’s very strange though, it’s like the entire country is in denial. Over the last couple of months we have had this amazing demonstration of what happens when people don’t have money to spend, and how that phenomenon reaches out and spreads throughout the entire economy (ours and the world’s) yet still, the remedy most governments and/or other institutions recommend is to get things back to a point where the consumer class can begin spending again. But that makes no sense, it seems so obvious to me that maybe we should really be taking a hard look at not consuming so much. Maybe the world (or at least the US) needs to re-think our affinity for consumerism. Maybe businesses which produce things are not supposed to grow in revenue etc.. year-to-year. What’s wrong with businesses or companies holding a static size.
I am so confused