2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.26

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4:00 PM EST

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To: elmatador who wrote (63027)	4/27/2010 8:17:02 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (1) of 218916

Comment yesterday on BNN... after each downturn fewer new jobs seem to appear on the ensuing upswing (increased productivity of course).. while Bank of Canada governor and others complaining about lack of Canadian productivity.. well one result of productivity... fewer jobs.. Some of that productivity gain though due to off shoring, ie globalisation.. Interesting US always has higher productivity.. faster job jobs evaporation.. Housing is so important since construction still very labour intensive.. At some point we simply have more people than we need.. maybe we are already there ... as productivity improves.. we have even more folks than required to produce for the world population.. Yet if population decreases we need even less.. Productivity makes folks redundant as producers but not consumers ? This is separate from the exhausting resource story.. We need a completely useless upper society top support with increasing productivity... Oh oh... bigger government... LOL

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