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Message Subject The economic problem is this: Updated last page 17
Poster Handle Mr. Toppit
Post Content
Yes there is no more technology jumps that will create jobs and "growth".

Right now most of jobs will become obsolete via automation , robotics , 3d printing , artificial intelligence etc.

Global "pseudo-economy" aka growth economy is fucked.

I for one am happy , it is time for something smarter then consuming our-sefles to death.
 Quoting: Shogu666


The short and long term problem for the US (it seems to me ) is the US dollar won't be the reserve currency of the world after jan 30 2013. finito

Someone like Moodys is going to point out with a much deserved nasty downgrade to super negative just how incompetent & corrupt the Obama administration is and the dollar will slide into oblivion making everything that has to be imported a hell of a lot more expensive. Baltic Dry drop like a rock.

And this will push the Obama droids into even more expansive " We hate white America" mode: Taxes are good. You deserve to be in these fema camps, Carbon is evil, Global warming is america's fault, Increases in entitlements are necessary, The rich middle class must pay, Our congressional clowns are corporate bought and paid for so .......

Insolvency USA ... SOS
 
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