57 karma · joined October 27, 2019
> Sadly I don't think taxes end up working this way for long. They might or might not start by doing this, but then they just stay forever. I just described my idea how to approach this. I agree that governments are far from being perfect in this matter.
1. In Japan, the crisis resulted in a prolonged period of economic stagnation, known as the "Lost Decade," which lasted from the early 1990s to the early 2000s. The country had already been struggling with a banking crisis and a property market crash, and the dot-com bubble burst only made things worse.
2. In Europe, the crisis led to a slowdown in economic growth, particularly in Germany, which was heavily dependent on exports. The country was hit by declining demand from the United States, which was one of its biggest trading partners.
3. In emerging market economies, the crisis led to a decline in investment flows and a slowdown in economic growth. Countries like Brazil, Mexico, and Argentina were particularly affected, as they were heavily dependent on foreign investment to finance their economic growth.
Overall, IMO the 2000 crisis had rather a significant impact on the global economy, leading to a decline in economic growth in many countries. I wouldn't call it "soft landing".
To start with, there are different definitions of fairness. A small example: everybody gets equal, everybody gets what they deserve, everybody gets what they need. An so on.
It's very hard to answer this as my definition of "fair" is probably different to yours. However, we live in a free world. The company's rules are clear and nobody is forced to work there. Seems fair in some sense to me.
I personally wouldn't be happy with this arrangement as I would probably seek a little bit more appreciation of my experience and position.
The reason is simple: I'm most comfortable and proficient with this stack and it's scalable enough to run a mid-sized app. Moreover it's very easy to share the code base between web app and mobile app based on expo (React native) if needed.