Comments by "LRRPFco52" (@LRRPFco52) on "Peter Zeihan || Deglobalization: There's No Stopping It Now" video.

@benhatcher2603 Blue collar and white collar salaries and income are closer than ever before in the US right now.
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@SwaziPrince Too many people went to college, many getting worthless degrees. People with critical hands-on skills in the energy, aerospace, automotive, construction, repair, telecom infrastructure, and other sectors make income that is very competitive with many white collar professions.
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@benhatcher2603 What % of income do you think SS and Medicare represents relative to employer benefits for blue and white collar workers? From all I have seen, blue and white collar workers get employer-provided benefits, while lower income retirees rely on SS and Medicare.
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@kld70 Most Americans approaching retirement have one or more of the following: IRAs 401k Stocks Bonds Pensions Savings CODs High asset value (real estate) We are not facing abject poverty without SS & Medicare. As a Nation, we are facing bankruptcy because of SS & Medicare. We should fulfill all SS & Medicare obligations to Baby Boomers, then transfer funding for Gen X & Millennials over to a new hybrid system fed by IRAs, real estate, government surplus, and tariffs. SS & Medicare will not be able to be funded or contribute enough to keep people out of poverty due to inflation and demographic collapse/low fertility. Inflation baselines are baked-in already due to demographics, price point trends, and sustained devaluation of our currency. Not only is most of the biggest generation of consumers out of the workplace, but they are going into nursing homes and dying. Gen X is very small, unable to sustain much growth, and old Gen X is already 2 years from retirement. Millennials are the 2nd largest cohort, but about half of them are under-employed or not employed, already burdening society.
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