Iirc in Europe, East and West forked in the 14th century based on the response to the labor shortage. Western Europe invented individual rights and permanently weakened the nobility, while in Eastern Europe serfdom went brrr.
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It really won’t.
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It's going to maybe half the size of the care home population worst case, and possibly give us a ton of people with weird, nasty lung, brain and heart issues to take care of for the next two decades And it might only be 10% of the total care home population at the end of the day
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I mean the black death is at least an order of magnitude off this thing. Better comparison is probably the 1918 pandemic, but that happened during a war. And all of it happened pre petrodollar so who knows.
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The US has also thrown in hostile immigration policies to the mix. Investment in automation should accelerate dramatically, especially with the onshoring of supply chains and manufacturing.
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