We are in a much worse condition now:

- low bank interests --> cheap money (for some)

- low moral responsibility --> any which way to get rich (fraud, corruption, money laundering,...)

- high supply of cheap labours, cheap technologies and cheap materials --> market (world) full of 'rubbish'

- governments around the world are fixing 'economy'; attracting businesses (by offering incentives including taxes and other trade privileges); racing to become 'modern society' (for 21st C); --> win at all cost

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Optimism can prolong pains and corrections. Education is heading nowhere for most people. Graduates are threatened by AI, automation, and competition (from fellow graduates). Money seems to reign. And making money from other people's money is king!