RE: Debt Doesn't Work In an Ever Changing Job Market
Hi dear friend @chekohler.
This article is almost apocalyptic.
I do not know the basis of calculation to obtain these statistical figures, the truth is that governments will always try to make up these. Recall that the unemployment rate is an important macroeconomic indicator.
This behavior that you describe (with baby boombers and all that) adapts to a pattern of capitalist economy which has shown, despite any detractor opinion, to be the one that provides greater well-being to the population. This we can affirm if we compare with other economic models that have failed in many parts of the world.
The economy is a constantly evolving monster, it does not stop. It is constantly changing and remains in a delicate balance. Then we must evolve along with it. The indebtedness model no longer corresponds to the present.
To all this we must add the area where we are doing economic activity. The Venezuelan economy in a total catastrophe of oceanic proportions.
Monetary restrictions of 10K usd, are utopian dreams in my country.
I believe that there are still many opportunities for success and realization of future plans in many economies of the world, in which citizens enjoy financial freedom. It is only a matter of a new vision and adaptability to the new times.
Your friend, Juan.
The truth is seen as not good enough for the people or we'd realise that they aren't doing a good job and we would revolt by taking away more of their power and these structures thrive on having more power.
It was a capitalist economic model but gone bad by the use of bad money, money that can be created out of thin are will always give those closest to the source more power than others.
I agree the economy needs to evolve to strip it from things that don't improve it and we need a money that can keep up with technology and fiat isn't it
I agree there is always room for opportunities in every country some just take a bit more effort and ingenuity to create