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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (73445)4/21/2011 5:23:25 PM
From: elmatador  Respond to of 217591
 
You are looking to the rear mirror. I am looking through the windscreen.



To: Maurice Winn who wrote (73445)4/23/2011 3:45:19 PM
From: elmatador  Respond to of 217591
 
What will happen in the OECD countries:
Expectations will be brutally deflated for the 15-to-24 year olds. Those will look back for an era of prosperity that vanished and no one forewarned them it was going to go away.

Trauma is the name of the feeling they will feel.

They were with the feet firmly planted on the clouds and with a swoosh the clouds vanished under their feet.

Their fate could not be deferred as their previous generation.
People with 40 years old today, must count themselves luck.

They pushed to the next generation the brutal fate.

They bought a lease of life with lots of credit.

Now there is no way to push the problem –those huge debts- with their belly ahead of them.

The historians will go through lots and lots of data to interpretate to them what happened.

They will talk about an era where people did not have to work for an income.

When people stopped working and still have an income, and whole sectors of the economy were protected with money transferred from productive sectors.

Like we read today past historians telling us of people who would slaughter human beings and animals to appease Gods.
Or people who adored stone and wood figures or called the Moon and the Sun their Gods.
Historians will tell people of sectors totally paralized because people would not touch those sectors because it was not good for the environment.
There were people even paid to defend the environment. As in the past they had Shamans, medicine men and other scammers to fool ignorant people