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Investment Analysis Clubs / Macro Economic Trends and Risks
|Subject: Re: Proposal to end public pensions||Date: 7/12/2013 10:51 AM|
|Author: jerryab||Number: 428569 of 508540|
Why "last resort"? Our government doesn't seem to be shy about the so-called 'Quantitative Easing" (schnortle for 'printing money') at all... so why do you say 'last resort' as though its a bad thing?
Because the govt is trying to end it--and it is the TBTF banks that are swooning over the proposed ending.
Flip that quandary upside down; Too much work, not enough humans.
Because there exists no such quandary. There is insufficient work available for the number of people who are able to work--otherwise, they would be able to find jobs. The jobs do not exist--period.
The answer is; Its not the economy, its the population size... and society *IS* dealing with it... we're breeding less & less.
Nice contradiction. Relatively fewer people--yet the population keeps going up. The problem remains productivity--because fewer and fewer people are needed to provide the full range of goods and services needed by the entire population.
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