The economy will crumble if we don’t get to replacement levels at least, but it will also crumble, along with everything else if we do. Only way out of this is to change the whole model before it crumbles. But that would mean the rich need to get (willingly) less rich, so I’m not holding out hope…
It would be, but the economy was built on perpetual growth schemes.
Don’t forget, the economy is here to be served by us, not the other way around!
The economy will crumble if we don’t get to replacement levels at least, but it will also crumble, along with everything else if we do. Only way out of this is to change the whole model before it crumbles. But that would mean the rich need to get (willingly) less rich, so I’m not holding out hope…