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Author:

Jester Debunker

Subject:

Off Topic

Date:

10/23/15 at 4:10 PM CDT

 

 

READ: 3

RPLY: 2

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Sentiment:

Neutral

Reply to:

MSG`#3042,`10/23/15
By LongTerm CapGains

 

Re: De-dollarization trend continues

The next 30 years will be worse than the last 30 imo. All those outsourced jobs are never coming back, and we're about to hit various walls that weren't even an issue before:

1. Unfavorable demographics, which has been an issue in Japan for years and is coming to Europe and US very soon.

2. Oil resources. There is currently an over-supply due to the slowdown, but we are at Peak Oil around now.

3. Water.

4. Social security funding, which will likely mean belt tightening for many segments of the population either with lower SS incomes (especially factored against inflation), higher taxes, etc.

Of course our politicians who are only concerned with winning their next appointment and kicking the can to the day after their appointment ends, have done nothing regarding these macro issues.

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