Why are Americans choosing to quit their jobs in record numbers?
Video Statistics and Information
No captions available for this video.
Channel: 60 Minutes
Views: 3,465,531
Rating: undefined out of 5
Keywords: 60 Minutes, CBS News, great resignation, the big quit, covid-19, turnover
Id: brw-jN9b-Sg
Channel Id: undefined
Length: 13min 25sec (805 seconds)
Published: Sun Jan 09 2022
Please note that this website is currently a work in progress! Lots of interesting data and statistics to come.
stagnant wages + hyperinflation + unemployment benefits + vax requirements
The decay continues. People continue to think that service jobs will save the US Economy. It won't.
The economy of the US will continue to decline and decline until the entire system breaks.
In the 1970s, the United States economy decided to collectively commit suicide. Before 1975 the United States was a manufacturing power house. If it wasn't 'Made in USA' it was crap. Then in the late 1970s textiles left, then steel, then clothing, then computer manufacturing and moved into financial services, customer support service, banking, and other service only industries. The US collectively STOPPED MAKING THINGS and all the Government did was let the manufacturing industries die.
Service industries can only do one thing and that is feed on itself so with out anything to make, the national economy, begins to die as nothing is being made and stagnation sets in that becomes decay leading to death of the national economy.
But it was a hidden death because the USD is the world's reserve currency we found we could just print this worthless FIAT and people would give us stuff we needed. The United States moved from the industrial center for the world to a 'support colony' that is totally depended on the world for the things it needs. Cut off the supply of necessities and the colony dies quickly.
Trillions upon trillions have been printed over the last 50 years and the United States has forgotten the true meaning of making stuff for a living. We all think we can just work from home and over ZOOM....... this is the next final level of lazy and very soon the world will say...........enough!..... we don't want these USD notes.... give us your things of value as they turn in these useless paper notes with dead Presidents on them.
At that point, the US will starve, the economy collapses and the entire monetary system of the United States becomes worthless. All service industries, banking, finance, and everything build on services comes to an abrupt end.
But Real Estate is here and can't be moved you say.... Well there is land everywhere in the world and no one wants land in a country where the monetary system is worthless. Real Estate will crash and it will crash HARD.... some areas are estimated to have a 95% drop in todays over priced markets.
This is going to get ugly and there is only two historic things that have saved people from starvation........................REAL MONEY! Gold & Silver
Stack it high & stack it deep now because very VERY soon this will all come crashing down.
This is the way
As the purchasing power of the currency erodes, people reevaluate their work life.
I had a fellow employee tell me a month ago that she’s part of the great resignation and is walking away. I said to her that there are much bigger forces at play and you’re feeling it. She nodded and said, “Change is in the air.”
Cause they can stay home and simply “buy the dip”
60 minutes???? Really??? Gee belly of the beast broadcasting.