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gerhard7
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Comments by "gerhard7" (@gerhard7323) on "Will Things Be Better or WORSE in 100 Years Time?" video.
I would say 1978, but I broadly agree.
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Regardless, 'the House' will always win.
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@VincentRE79 Nope. Like Reagan it was a sleight of hand. Her tenure was buoyed by the selling off of state assets on the cheap and the North Sea oil bonanza helping to fund tax cuts. Needless to say cheered on by 'the markets'. It was, in essence, a massive wealth transfer conducted under the pretence of an economic ideology and 'good housekeeping'. The hugely deleterious effects of her darkly cynical expediency we're still living with today.
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Lots of conflicting narratives here... On the one hand we're told that technology will render many of us obsolete and there will be no jobs. On the other that will afford us far more leisure time. Again, on one hand, we're told birth rates are plummetting and the population is aging so there aren't going to be enough of us to fill those jobs in future. Similarly, we are told that there aren't enough of us to fill those jobs so endless unchecked immigration is the ONLY answer to this problem. The truth, I'm sure, is out there. It's just I haven't yet divined what it is yet. Have you?
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Largely thanks to the fiat currency system born of 1970 the rich are getting richer and the poor, by design, are getting poorer in relation to them. That relativity IS important. No matter what anyone says. We live in a world where socialism, courtesy of the nation state, is the preserve of the rich and where the useful narrative of 'capitalism' is reserved exclusively for the poor.
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@VincentRE79 Yup.
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