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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 409.23-1.0%4:00 PM EST
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To: Cogito Ergo Sum who wrote (73434)4/21/2011 8:37:26 AM
From: KyrosL  Read Replies (1) of 219081
 
Wages will stay cheap as long as trade is free. The debt will be fixed largely by increasing taxes, probably via restructuring of tax code and some sort of consumption taxes, and government management of Medicare/Medicaid costs (aka rationing). Living standards will remain stagnant while the developing world rises.
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