The green shoots have taken root, the recession of 2008 is gone forever, recovery is here. I’d like to believe that, I would also like to believe that Santa and the Ester Bunny will bring me stuff but well, you know how that goes right?
What we are actually seeing right now is a larger divide between the haves and have nots. Not the class warfare haves and have nots, that are really just a shield for the elites.
This is due to a shift, a shift in technology, collective psychology and an insistence on clinging to a past paradigm that is dying. The following is from the movie Harrison Bereron.
- Teacher – “What do we call the period after the end of the cold war”
- Harrison – “The Great Recession”
- Teacher – “And what made this recession different from all recessions before it”
- Jeanie – “It never really ended, it just kept going“.
- Teacher – “Why?” ..Class doesn’t know..
- Teacher – “Harrison?”
- Harrison – “Well in all previous recessions once the economy bottomed out and production increased, unemployment decreased. Um, but in the great recession because of new and improved technologies, fewer and fewer workers were required in all sectors. With so many people forced from their jobs, the traditional economic recovery was impossible.
- Teacher – Exactly by the year 2018 only 15% of the population had jobs. America was divided into two camps. A highly skilled and prosperous elite and an unemployed destitute majority. What happened next, Garth?”
- Garth – “Well the people who didn’t have jobs were very unhappy. And they started making trouble. Like they bombed buildings and had riots and killed people and stuff.
- Teacher – “Right and that was the beginning of what we now know as?”
- Class – “The Second American Revolution”
- Teacher – “Right and we’ll stop there for today”.
Let me ask you honestly how prophetic this sounds if you just change the year 2018 to say 2028 and move it only 10 years forward? Mind you this movie was made in 1996!
Join Me Today to Discuss
- What is GDP and how does it show us a “recession”
- What changes were made to how GDP is calculated, why does it matter
- What does technology replacing 2% of jobs a year for 10 years mean
- 23 million jobs eliminated
- With a flat population unemployment would be about 23%
- Current unemployment is claimed to be about 5%, why this is a lie
- Why I think 2% is a very low number, lower then what we should expect
- How this transition is like slow sinking quick sand
- Why the younger you are the worse it could be or the better it could be
- The type of thinking necessary to adapt to this, (the poem “If” by Rudyard Kipling)
- Why true ecologically sound production is a great play right now
- In spite of everything build, invest smartly, learn, grow, create, get shit done
Resources for today’s show…
- Join the Members Brigade
- The Year 1659
- Join Our Forum
- Walking To Freedom
- TSP Gear
- Fortress Defense Consultants – (sponsor of the day)
- The Berkey Guy – (sponsor of the day)
- The Real Unemployment Rate
- Forget Burger Flipping, Automation May Replace Anesthesiologists
- If – By Rudyard Kipling
- Working Man’s Dollar
Special Note – the claim that a 2% loss in jobs per year for ten years equals 23 million jobs is based on the following math.
According to The Wall Street Journal there are approximately 138 million jobs in America. The numbers below are rounded off to the nearest million.
- In year one a 2% loss leaves – 135 million jobs
- In year two a 2% loss leaves – 132 million jobs
- In year three a 2% loss leaves – 130 million jobs
- In year four a 2% loss leaves – 127 million jobs
- In year five a 2% loss leaves – 124 million jobs
- In year six a 2% loss leaves – 122 million jobs
- In year seven a 2% loss leaves – 119 million jobs
- In year eight a 2% loss leaves – 117 million jobs
- In year nine a 2% loss leaves – 115 million jobs
- In year ten a 2% loss leaves – 112 million jobs
138 million minus 112 million equals net loss of 26 million jobs.
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