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valkyrie_kk t1_jdv66kz wrote

because globally integrated economies are a little more complex than that

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nileb t1_jdv8iuy wrote

Are you going to explain how it is “doesn’t work like that” sufficient?

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2020BCray t1_jdv8u0m wrote

I imagine it's due to them trading with other nations, which results in certain amount of profit based on amount goods and service produced. If you reduce the workforce, your productivity drops, as a result you reduce the profit.

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instakill69 t1_jdvc66e wrote

And if it's a trade thing, you're getting back less product which is bad in every case when it's not something that people consume specifically.

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rpgalon t1_jdva5zo wrote

the developed world needs to import people so they can keep their high living standard without suffering from inflation in low paid jobs.

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