Why Job Losses?
In 1971, the then US president Nixon(Yup, the Watergate man) delinked $ from gold. This enabled the US to print as much money as they desired. Money is essentially a debt. It is a promise(look into a banknote: I promise to give the holder of the note XYZ money).
Money was created to inspire people to become productive and donate labor in exchange for future benefits.
The problem is excess money lowers the standard of productivity.
90% gyaandatas(and obviously datis), actors, talkers, motivators, managers sit on the shoulders of 10% Creators, producers, and doers. Once weight goes over 95%, system collapse.
Past instances:-
-1279 BCE Collapse of Bronze Age(Egypt, Crate, Mesopotamia)
-410 AD Collapse of Rome
So, productivity collapses once the doers, producers, and creators stop functioning. The fake debt economy collapses, gyaan, shortcuts, smartness, intelligence, expertise, and boys=girls painted hair circus collapse.
How to know that Jobs will be evaporated?
In the last three months, Russia’s economic growth has been one of the best in centuries. Russia is under US sanctions and can’t trade in dollars. Russia’s growth minus the dollar exposes the weak dollars. Because the modern urban job market of IT, ITES, and the startup circus is a $-a based economy, the entire market will collapse. (Just fundamentals).
The bank is Socialism; Socialism doesn’t provide opportunity.
One of the keys to capitalism is that capitalism crushes bad businesses, including brothels, drugs, and alcohol. Because earning money is hard and is always 16+ hours of labor a day. When you have to tirelessly do 16 hours a day, seven days a week, hair coloring, body piercing, placard raising, equality mongering goes for a toss. Work or die.
At the beginning of this blast, “mummmmyyyyyy”, and then once the construction starts, “pappppppppa help.”
So banks have no linking of resource+productivity to debt and hence are socialists. Socialists try to create an equal society. There is no equality. “Work or die.”
Value of Anything(Including a Professional):
The value of anything is the difficulty of society replacing anything. Here is the true value of some of the jobs now.
Accountant:- 750/- pm : ex: Zoho Books
Content Writer:- 150/- pm ex: copymatic AI
Preachers(self-proclaimed teachers):- 0: Youtube
Schools: 0: Parents
Mobile Developers: 100/-: Ex: Dukan, ValueAppz
Stock Brokers: 200/-: Zerodha
Testers: 0: Ex: Crashlytics
Graphic Designers: 450/-: Canva
Network Engineer: 250/-: Gcloud
Excell Zombies: 35/-: AppScrip
Banks: 0: Crypto/PayTm.
Insurance: What insurance? Life is anyways short after 16h/day-365 days.
Lead Generator: 1000/-: Lead funnel/HubSpot
HR: Any HR in the army?
Managers: 1150/-: Automator
80% of the current workforce is up for a ride. This post may hurt you. But words always hurt less than the kick of reality. Rome was always built by Ceasors and destroyed by Commodus.
https://media-exp1.licdn.com/dms/image/C5622AQE7_7VRNrkZsg/feedshare-shrink_800/0/1668219193087?e=1671667200&v=beta&t=pABAjgigNZpbZ6QZKlkXnDztFRp7Km2ATazGaoFCAl4
Replaceable professional metrics:-
1. Education.
2. Skills.
3. Hard work.
4. Intelligence.
5. Smartness.
6. Beauty.
7. Money.
8. Expertise.
9. Gyaan.
10. Selecting others.
11. Criticising.
12. Competition.
13. Talking.
14. Mentoring.
15. Planning.
16. Nannies and incubators.
17. Judging and referring.
18. Farex and Horlics
19. Pictures
20. Content.
21. Tips, tricks, techniques.
22. I think, I feel, I see, in my opinion, in my view
23. Happiness
24. Mobiles
25. Hair color
26. Funding.
27. Employee.
28. Marketers.
29. Noise
Irreplaceable:
1. Learning
2. Improving.
3. Consistently 16-18 hours a day for two decades. (NO REPLACEMENT)
4. Intellectuality.
5. Trust.
6. Power(Robustness)
7. Loyalty.
8. Productivity(creating and selling).
9. Wisdom.
10. Taking action and doing.
11. Creating.
12. Hand-to-hand
13. Doing.
14. Setting examples.
15. Executing.
16. Motherhood(Giving birth and raising healthy systems and children)
17. Devotion
18. Breast milk, sweat.
19. Paintings.
20. Knowledgebase.(everything you learned during your own suffering)
21. Dedication, determination, experiment,
22. Science
23. Pain tolerance.
24. Muscles(brain, shoulder, calf)
25. Brain beneath the hair.
26. Profit.
27. Missionaries.
28. Evangelists.
29. Melody
Example:
1. in 2023 BCE, a pandemic across Mesopotamia, 2018 BCE, hyperinflammation and cooperage collapsed.
2. In 1278 BCE, the Egyptian Epidemic spread in Syria, Babylon, and Crate 1278 BCE collapsed.
3. 1302 AD mini ice age, 1352 AD Black death, 1358 AD European economy collapse.
4. 1919 Spanish Flu, 1929 great depression starting.
So, the pandemic is a marker of excess unproductivity(less work, more disease). Economy collapse is just a followup.
Job Cost: (Content writer example):-
i) Content writer salary=25k
1500 words in 7 days.
So, 6,000 words=25k salary
Copymatic monthly subscription=1000/-
Words=50,000.
Creates better content than any ground level content writer. 2 minutes=1500 words. So, 8 content writer=1 month copymatic. ie 2L rupees replaced by 1000/-.
ii) Automator about 1000/- pm. Just schedule a monthly schedule, which will automate emailing, follow-up emailing, analytics, payment collection, delivery scheduling, tracking, module integration, client notification, rating prompt, tax payments, receipt collection, and input to, say, Zoho books, etc.
iii) App devs-copies GitRepos. Example an Instacart development will cost 50L, 12m. Fork ValueAppz for 900/-
Tata Steel
has always been like this. For instance, let me give you an example of Tata Steel. In 1991 after the economy was opened, Tata steel suffered from competing. Why? Because it provided people with many intangible but real values, not just notes. Tata built roads, provided housing, water, and hospitals, and made schools. And running all this infra was hard for Tata.
Tata motors were almost closed for ten years. So, if you talk to those working in Telco and Tisco in the 1990s, they will share that they worked for 18 hours, even when salaries were hard, and the lockout was looming large. A company like Telco operated every alternative day to save electricity. And the employees will still go to companies and do things like maintenance road repair.
Tata motors and Tata Steel were revived because of this hard work of people and Tata’s sticking to additional values(not only bond money). By 2002, housing, water, electricity, everything was expensive. So 25,000/- in the Tisco colony was much higher than 75,000/- in other places.
In easy times, there are circuses, but stressors reveal the characteristics of people and an organization. They worked, so Tata did not die.