One of the guys this week came up with a new term as we were sitting around the poker table and drinking:
A label or explanation for when a society destroys it's own economic viability by the
demand of it's consumers for more sophisticated products whose manufacturing costs increase and subsequently force companies to under pay their employees to keep prices down and profits up.
Ya, I know it's deep but he wanted me to post it...
Disclaimer, Mr. Gran Marnier and Cigars were involved.