As absolute existential catastrophes go, the inexcusable global cost of living atrocity couldn’t have timed it better for younger people. The gig economy, that famous charity, will combine with artificial intelligence and a total lack of human intelligence to create a huge abyss for the 30s and under. The days of suburban sitcom certainty were already pretty much gone.

You grew up, had fun, friends, and a family in more or less that order. The big issues were whether you had a new suit, car, or anything else on the shopping list, like maybe a house. Well, you’ve fixed that problem, haven’t you? These guys can now no longer afford fun, friends, and a family.

The whole idea of a job is in the blender. Your murderously expensive college degree in any profession now has a shelf life dependent on a whole new class of technology and the whims of the job market. The other problem is that if you have no money, your only option is credit.

The credit market, as everyone knows, is run by geniuses with the IQ of generationally constipated fruit flies. They gouge, too. Most of the huge numbers for housing, corporations, and everything else that makes everything unaffordable are actually based on this market.

In effect, the 2008 crash is still going on, it’s just diversified to all other forms of credit. In this environment, there are no winners. Increasing prices devalue wealth.

They also drastically reduce purchasing power throughout the economy. Responsible lending is extinct. D.