Global Economic Collapse is Underway with Uncontrollable Debt Meltdown!
Economy | Information | History | Online | Facts | World | Global | Money
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Comments
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Thanks to our governments, Big Banks (including the central banks, world bank) and Wall Street.And do not underestimate the immigration crisis in Europe............this is causing a lot of pain for the European people and a lot of them want to leave Europe now........shame on the European governments for doing this to their own people.
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In the US growth is ending because wages have been stagnant for many years and have not kept up with inflation. All the manufacturing jobs have gone to China. The US economy is mostly adding low paying jobs. Unemployment is at 5% if you skip counting 94 million people. People have not been getting any interest on their savings accounts or CD's. People do not have money and are borrowing money instead. 97% of all money is DEBT. THIS IS THE END OF GROWTH.....economics has failed us and the great recession will not end in "recovery". Thanks to the government, Big Banks and Wall Street. Also do not underestimate the invasion in Europe..........which will be very HARD on the economy of Europe........
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The robot thing is a repeat of the combines and agricultural mechanization, then too labor was thrown off and off to war to get thinned out. The whole issue was the fault of labor itself. The people should have demanded their right in soil, but they didn't. Of course you are then dumped once the owners no longer need you. Had everyone had their soil, the mechanization would have benefitted all because all would be owners. How obvious can it be ? Now the same is occuring, in the factories. Here labor should have long since been running their mutually owned companies, funded by credit unions, but as usual we the people couldn't get it together and are beholden to a Plutocracy. Had we owned the companies by chartered democratic unions, not many would have been fired, but even if they where in some cases we should still have the land, but we don't have that yet either. Hence, it is off to war again. The cost of ignorance, can be death, on a mass scale, on an incomprehensible scale ...
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Means the World economic COLLAPSE is near???? Wtf i dont want this to happen i want to live in peace.
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The real problem is we as individuals, are working for others, we rely on our bosses to give us money, so we can feed and clothe ourselves. So you are already indebted and reliant on someone other than your self to stay alive. Why should we have to prostitute ourselves to stay alive, it is an extremely corrupt concept to profit from another life on this world scale, like so many head of cattle in a farm.
In this system, there will never be enough jobs, as it is planned from the top, down. Its illegal to gather anything from the land unless you "own" it, how can you own anything, ownership is an illusion, just like the economy, jobs and actually even reality. -
Janet Yellen is a unicorn from Pluto. Good one. I enjoy your rhetoric.
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Excellent information
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Whatever way I look, it's clearly obvious the economy is breaking down. I see neighborhood businesses shutting down, roads and highways are crumbling due to lack of funds for infrastructures, large companies are laying off workers in large numbers. Amazing how long the talking heads and spinners can keep up the mass illusion that "everything is fine"!
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it would be nice to have a atomus robot that can give me a foot massage....but not replace my job hahaha
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Robots don't get sick, need no health Insurance and so on..! Those overseas jobs are also beeing replaced with robots, this is happening all over the World. The problem is that we the people will have nothing to do (most of us) if this continue in the speed it already have..., and who is gonna buy all this stuff made by this robots?
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Robots; Star Trek the M5. .... ultimately, Man needs a purpose in life
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Hello, can you tell us what we can expect in eastern europe . We dont use euro we use czech crown and our Czech"central" bank intentionally devalue our currency and keeping it on pretty high exchange rate for euro- 27czech crowns for 1 euro. Avarage salary is 740euro(rent is 300e-450e/month depend on location), in germany it is 3000e. Do you know reason why our bank doing this step ? Our banskter telling us that he want to support export, but majority of population have less buy power. Germany is 100km away in same union and same job for same corp but they have triple salary. Dont get it, ok they will support export and industry ( thanks to slavery) but that helps only big corps and it just suck our money to tax paradise, instead of keepin them in circulation in our country.......
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so sorry to all!! it said my post did not go through! I am so sorry!
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so sorry to all!! it said my post did not go through! I am so sorry!
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Someone is going to have to build,repair, replace parts, provide service calls, write software programs for robots. This could be a new huge industry for the USA if we decided to make it one, like we use to do...Maybe?....
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Someone is going to have to build,repair, replace parts, provide service calls, write software programs for robots. This could be a new huge industry for the USA if we decided to make it one, like we use to do...Maybe?....
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Someone is going to have to build robots,maintain the robots, need spare parts for robots,software for robots,police the robots....Another industry is born?
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Someone is going to have to build robots,maintain the robots, need spare parts for robots,software for robots,police the robots....Another industry is born?
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Robot building. Prefab the building off site and assemble robotically on site sounds probable.
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I wonder if cities/states will be able to garnish welfare checks to be able to collect fines?
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