Monday, September 7, 2015

Breakdown of the current economical system soon ?

Its funny how people keep just ignoring what's going on around them.  Well, not funny.  Its a little saddening but quite understandable.

People are well aware of sudden changes that apply to their lives, but unaware of gradual changes over time that, at the end of 15 years, severely affects them and their family.

For instance, if you lose your job, you will be worried to no end, your whole family will hear about it and try to help you get the next job so you can support yourself and family again etc...

But if salaries stay the same for 15 years, there is little need for any worry, as long as you get your raise.  But the hard to detect issue is that the next generation, when he will start your career, is getting the same salary as you did, most likely.

Combine that with the super high productivity enhancements we were able to enjoy since 2000 thanks to technology, and its a recipe for problems.

You see, the current economic system is based on sufficient amount of people having a job creating cashflow between themselves and businesses/government to keep things afloat.

Noone wants an economy where half of the able population (or less) works while the other half is on welfare, disability or on food stamps.  Its not fair and unsustainable in society.

There is a need for change, for a peaceful revolution.

I love those!

These are assorted graphs that illustrate the trends and significant changes since 2000 (and prior):







Point is, we can work towards something better by precipitating a change towards a new system of trade between people, providing basic needs to everyone through automated systems currently in existence, and do it in a natural way that would avoid a painful gap in transition.

I created a video that details some of these issues below:



Here are the links mentioned in the video:
The coming Great Depression (Jim Rickards interview): 

How technology is destroying jobs (MIT profs Erik Brynjolfsson and Andrew McAfee)




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