People will die. Through all kinds of effects. They save money on a gym membership. They buy cheaper food instead of healthier foods. They skip medication. All kinds of things we can’t predict. Income = life.
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Is suicide the only way broke people’s die? For every 1% rise in unemployment 1.62 million people are jobless. If we had the Great Depression unemployment at ~24%, 40 million people would be unemployed.
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