Quote by Craig Bruce
Why are people unemployed? Because there is no work. Why is there no work? Because people are not buying products and services. Why are people not buying products and services? Because they have no money. Why do people have no money? Because they are unemployed.
Summary
This quote highlights a vicious cycle that perpetuates unemployment and lack of economic activity. It suggests that people are unemployed because there is no work available, which in turn is fueled by the lack of consumer spending. The reasoning continues by stating that people do not have money to spend because of their unemployment status. Ultimately, this quote emphasizes the interconnectedness of unemployment, lack of work, and economic stagnation, implying that breaking this cycle requires addressing multiple factors simultaneously.
Topics
Money
By Craig Bruce
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