Opt789, it has been a long established philosophy that mass media's prime objective is to control majority, people that wish to think for themselves simply can't rely on mass media coverages, it's pure maipulation of our minds. Media is one of the most powerfull weapons as it controls out conscious thought process.
Going forward wages Will Not keep up with the cost of life sustaining commodities. Have wages kept pace with increased housing, insurance, food and energy costs over the past decade? Then why think you'll see a reversal. The trend is toward more equal footing among nations coupled with wider net worth disparities within nations. These are times to take your trading very seriously guys. There's no net below. Concentrate on ways to make what you need not what you want. This isn't about trying to buy Bentleys anymore it's about having enough to prudently diversify. We've just witnessed simultaneous depreciation of both assets and dollars. Yet at the same time common sense stuff hangs tough. There will be SUPER opportunities from now on. Super risks too......
Not great stats. Why? Because two people working isn't the way it's supposed to be! You're comparing apples (1 breadwinner) to oranges. What happened to marriage? And kids? What happened to white kids? We're disappearing into a sea of black, yellow and brown. Why? Because western women are like creatures from a Poe tale. They'd rather start careers, get off on a battery device and abort the few who successfully fertilized within them-all for a more decadent material life. Gay's too. In the 1950 census Chicago contained 3.3 million whites and 18,000 Mexicans. Today the city of Chicago is 38% white (a white population now under a million), with a school system that's just 11% white and a Latino population of over one million. Dozens of American cities echo the same story. Two generations ago families lived in tenements instead of suburbia. We were once like this new crop of child creating immigrants. But today the temptation of living large takes precedence over being âstrappedâ with kids. So yea a bunch of childless cretins, a generation or two away from extinction of race are indeed pumping out increased household income. There's other things they'd better pump out too.......
Pabst, not childless cretins. Poorer people should choose to have less children if they can not afford to meet the needs of those children. Maybe you should question why those with the financial means still choose to have less children, when they can afford those children. These are the affluent and educated who who weigh the financial risks of children, not the poorer people.
Anger coupled with clever word play doesn't make you any more correct. You act like America produces nothing. We still produce 25% of the worlds goods. We are still the leading producer and we are producing at levels we have never seen before. China isn't stealing real manufacturing jobs, technology is. But this frees up workers to move on to better fields. It forces americans to educate further and to innovate more. I think you are looking at this all the wrong way. We are evolving as an economy into a different role. Where machines do our dirty work and we can go on to better things.
When wage rates grow unequally The rich get richer and the poor get told about how great things are compared to a very long time ago while they struggle to make ends meet.
I'm often guilty of forgetting CNBC is the brainchild of NBC, the most biased network out there.. I wouldn't trust NBC Universal to feed my fish, but I often catch myself watching CNBC with my guard down.
USD Collapse is mostly M3 printing, then trade deficits, then budget. Look at Zimbabwe. Hardly any trade or budget and their currency is worthless. They printed too much and the market adjusted...