> There will not be any shortage of people hoping to make money in the trades, and with that surge in supply will come a collapse in prices.
And the worst case downward spiral will involve not only a surge in supply but a drastic drop in demand to go along with it.
All of those previous "knowledge workers" scurrying for the trades not only become more labor supply, but without their cushy jobs they will no longer be able to afford to hire trades people to prop up the demand side.
And the worst case downward spiral will involve not only a surge in supply but a drastic drop in demand to go along with it.
All of those previous "knowledge workers" scurrying for the trades not only become more labor supply, but without their cushy jobs they will no longer be able to afford to hire trades people to prop up the demand side.
Double whammy.