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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST

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To: RetiredNow who wrote (130059)2/8/2017 6:29:59 PM
From: Elroy Jetson  Read Replies (1) of 217735
 
Leveling any anomalies in trade is a good idea if you can find any, and you quickly find you're pitting one of your local industries against another.

But the bigger force in the labor market is automation.

When power looms first began to be installed we know this resulted in a political movement in Nottingham called the Luddites who openly revolted between 1811 and 1816.

But this was just one local phenomena of global push-back.

The serfs were anxious and unhappy when my Great-great-Grandfather bought a steam powered belt tractor for his farms in Moldova in the 1880s.

By the time this photo was taken in August 1914 even the oxen had accommodated to the new technology. They knew the thresher produced food.


A symbolic engraving of the leader of the power-loom breaking Luddites in 1812

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