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913

Source. (zerohedge.com)

What happens with the competent retire, burn out or opt out? It's a question few bother to ask because the base assumption is that there is an essentially limitless pool of competent people who can be tapped or trained to replace those who retire, burn out or opt out, i.e. quit in favor of a lifestyle that doesn't require much in the way of income or stress.

These assumptions are no longer valid. A great many essential services that are tightly bound to other essential services are cracking as the competent decide (or realize) they're done with the rat-race.

The drivers of the Competent Opting Out are obvious yet difficult to quantify. Those retiring, burning out and opting out will deny they're leaving for these reasons because it's not politic to be so honest and direct. They will offer time-honored dodges such as "pursue other opportunities" or "family obligations."

[Source.](https://www.zerohedge.com/personal-finance/what-happens-when-competent-opt-out) > What happens with the competent retire, burn out or opt out? It's a question few bother to ask because the base assumption is that there is an essentially limitless pool of competent people who can be tapped or trained to replace those who retire, burn out or opt out, i.e. quit in favor of a lifestyle that doesn't require much in the way of income or stress. > These assumptions are no longer valid. A great many essential services that are tightly bound to other essential services are cracking as the competent decide (or realize) they're done with the rat-race. > The drivers of the Competent Opting Out are obvious yet difficult to quantify. Those retiring, burning out and opting out will deny they're leaving for these reasons because it's not politic to be so honest and direct. They will offer time-honored dodges such as "pursue other opportunities" or "family obligations."

(post is archived)

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What happens, you ask?

Good times lead to Weak men > Weak men lead to Hard times > Hard times lead to Good men > Good men lead to Good times

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“Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.”

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From Plato's The Republic

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You had the quote wrong in the comment I replied to.