Quote:
Originally Posted by slapass
The whole western world and then add in Japan are in the same boat. We are bankrupt. Growth is not possible with all of the workers retiring.
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if profit rallies would not be the goal the world would be able to stand that.
Japan is in a horrible situation too but look at the people there. they are WILLING to suffer for their country and they WOULD suffer for it. the mentality there is very different to the west.
also retiring workers are not really the problem because those are consumers also.
an economy is no economy without people who want/can buy - and this is the biggest goal for the next 100 years when 90% of mankind is replaced by robots.
for WHOM should they produce when nobody have money ?
when you think this thought til the end you will find out very fast that this could not work. because all the goods would have to be bought by the few who have money and they have to buy it so expensive that they can make as much money as they want - they would not live prosper.
so the one and ONLY LONGTERM way out is a socialist system where the people who donīt work OWN the robots. but if mankind will survive til than is the second question because our planet is on the way to die.
but on short term we still can do a lot. there are plenty of new markets and technologies that are crying for workers (sure not in coal).
ALL this chances are denied from trump because he is an old fart with no idea what is going on in this world and how world economy works.
all his advisors told him that and got fired for it. instead, he now has advisors that are even dumberr than him and that's where he builds his policy.
no country in the world can act alone anymore. our technology is so advanced that even tiny banana states are able to wipe out the world. against each other ends in the apocalypse. but trump will NEVER understand that - and he donīt have to because he is old fart full of inferiority complexes and donīt cares a fuck what happens after him.