yakers
Thinks s/he gets paid by the post
Is it excess liquidity or just the market adjusting to boomers? When I read theories about the impact of the large numbers of boomers facing retirement and the lower numbers of workers supporting them I wondered what adjustments would result in the market. Obviously some folks will have to work longer because they have not saved enough, many will have medical issues but overall I think the market will seamlessly adjust by raising the ‘cost’ for services relative to those for things and definitely lower returns on capital of all kinds. The demand for labor will go up.
I see the market adjusting to have less services. I see this now with more fast food places with decent food but no table service, more equipment that is disposable as repairs are too expensive and do it your self is more popular. I wonder if there are service companies to invest in to capture some of this transition.
I see the market adjusting to have less services. I see this now with more fast food places with decent food but no table service, more equipment that is disposable as repairs are too expensive and do it your self is more popular. I wonder if there are service companies to invest in to capture some of this transition.
