You guys think that America can continue like this?

[Wild self]

Not a good feeling, I don't think we're going off the rails but as a small businessmen I'm very concerned about our infrastructure and the over taxation of small business owners.

I'll effectively be retired and overseas by my early thirties though. The world that future generations will live in would largely be unrecognizable by me I imagine.

If America goes to a depression, the world will go into a coma.

 

[88m3]

If America goes to a depression, the world will go into a coma.

I think things have to come to a head where there is basic income or some other economic model... or there will serious repercussions and fissures on class lines.
There just aren't enough meaningful forms of employment to keep this charade going. I don't know if it's fifty years away or a hundred and fifty but it will happen.

If America were to go into a serious depression the world would effectively come to a stop. As it is the currency wars and trade wars are putting an unbelievable amount of stress on countries and the working class.

 

[Wild self]

I think things have to come to a head where there is basic income or some other economic model... or there will serious repercussions and fissures on class lines.
There just aren't enough meaningful forms of employment to keep this charade going. I don't know if it's fifty years away or a hundred and fifty but it will happen.

If America were to go into a serious depression the world would effectively come to a stop. As it is the currency wars and trade wars are putting an unbelievable amount of stress on countries and the working class.

I agree with basic income. Especially when machines and apps eliminating the need of human interaction.

 

[88m3]

I agree with basic income. Especially when machines and apps eliminating the need of human interaction.

I feel like a service based economy can't survive, especially where we're heading with wealth inequality, people mentally can't work meaningless jobs with no real benefit.

I even think about my own situation where my rent is more than most Americans earn per year and it makes me sick. Society can't carry on this way.

 

[CodeBlaMeVi]

Dollar hegemony is gonna last another couple decades

but its slowly withering away

The US isn't gonna change until we have another Depression

Nope! A revolution when they lives of the top 25% are in grave danger.

 

[Ill Lou Malnati]

America is committing suicide. I have very little faith in the future of this country.

 

[CodeBlaMeVi]

Slavery was actually the US' worst enemy, and surprisingly enough, Adam Smith would agree with me on this point.
It held us back economically and innovation-wise for about 150 years, just imagine the "creative destruction" and "paradigm-shifting" that would have happened if the 10 million kidnapped Africans, had immigrated with full-rights and access to the technology of the time?
If the South wouldn't have "needed" to be an extractive economy? If its economy wouldn't have needed to have been decimated by the Civil War?

The markets can't correct themselves because, they are theoretical, and this "best fit" post-Keynesian model we've been working with for the past 70-80 years or so hasn't been able to properly measure anything because of massive abnormalies in the world economic system. Perhaps in a world of "equal footing" there would be a better likelihood of the models applying broadly, but not while countries South Sudan and Afghanistan are gaping holes in the world economy and China is moving toward the greatest income equality in history.

America certainly can continue like this, and will. Until there is either a revolution, a second large-scale world war, or a string of successful reform campaigns to nearly every sector of this country.

Yours off base. I was hip to the top reason why the civil war occurred. Slavery and the south selling the cotton to Europe for the low, no to low wage expenses, was undermining the industrial revolution in the North.

 

[Wild self]

I feel like a service based economy can't survive, especially where we're heading with wealth inequality, people mentally can't work meaningless jobs with no real benefit.

I even think about my own situation where my rent is more than most Americans earn per year and it makes me sick. Society can't carry on this way.

Rent prices is why the local economies can't thrive. All that price gouging is killing off disposable income that makes small businesses thrive in the first place.

 

[CodeBlaMeVi]

Rent prices is why the local economies can't thrive. All that price gouging is killing off disposable income that makes small businesses thrive in the first place.

It's a catch-22 because people are migrating to major cities and driving up rents. High rents and low wages stall home ownership.

 

[Wild self]

It's a catch-22 because people are migrating to major cities and driving up rents. High rents and low wages stall home ownership.

When rents become too high, it causes a clusterfukk where the crooks get away and the people that work to make the cities function in the first place feel ripped off. Now they have to depend on foreign investors just so the real estate bubble doesn't burst.

 

[Tom Foolery]

So in summary, nobody really knows.

 

[Starman]

Lack of infrastructure (no bullet train or domestic jobs that pay people a living wage), wealth gap widening, no worker unions, college debt, hiding the truth, the lack of care of the constant corruption in Wall Street, and extreme cost of living.

You think that it can realistically can be like this 10 years from now?

Just look at the weak public transportation in most places and the decades of lingering with crumbling public services is

Why is that people that Want America to be on top, don't want to invest in it or move politically and economically to the left? As if they want a short cut and undermine the process to reach the goal of a 1st world country.

Yes, American can continue with it's current level of infrastructure, "living wage" jobs, "wealth gap", college debt, unions, hiding the truth (whatever that means), and "extreme cost of living".

Take your left wing wish list and shove it.

Corruption should be prosecuted, of course.

Rent prices is why the local economies can't thrive. All that price gouging is killing off disposable income that makes small businesses thrive in the first place.

The hard truth is in cities like New York, the market can support high rents. Poorer people would be much better off elsewhere.

 

[Wild self]

Yes, American can continue with it's current level of infrastructure, "living wage" jobs, "wealth gap", college debt, unions, hiding the truth (whatever that means), and "extreme cost of living".

Take your left wing wish list and shove it.

Corruption should be prosecuted, of course.





The hard truth is in cities like New York, the market can support high rents. Poorer people would be much better off elsewhere.

Stop being a greedy elitist and think for a second. We got 2nd world countries like South Korea surpassing up public transportation wise and even quality of food. Many buses still trapped in the 80s with slight improvements and even many buildings are decaying from lack of regulation and infrastructure.

 

[LurkMoar]

We should vassalize Europe and force them to pay us tribute

 

[Starman]

Stop being a greedy elitist and think for a second. We got 2nd world countries like South Korea surpassing up public transportation wise and even quality of food. Many buses still trapped in the 80s with slight improvements and even many buildings are decaying from lack of regulation and infrastructure.

South Korea is "2nd World"? You're stuck in the Cold War, lol!

I'm not opposed to improving infrastructure- we can always improve, but we're not at some tipping point because we don't have high speed rail.