Why does
the stock market plummet when things improve for the 99 percent and
rises when they improve for the 1 percent? Because their profits depend
upon things staying bad for the 1 percent, the middle class and the
poor.
"The Wall Street Journal reported this Thursday “Stock and bond prices tumbled after stronger-than-expected economic data …”
Why would good news about the economy cause the stock market to fall? The sentences continue: “… raised investor anxiety about a pullback next month in central-bank support for financial markets …”
http://www.nationofchange.org/bankization-america-1376721385
The unspoken fact about the above is that 1 percent profits depend upon the continuation of a system which gives them for free 85 billion dollars a month, free money, countless tax breaks, taxpayer money, and low wages for the poor, the middle class and the young and immigrants. That is the true basis of the so-called American "prosperity" today.
Tomorrow we continue.
8/18/13
The economic future also depends to some extent upon birth rates and aging trends.
The dream of the technologists that human labor can, over time, be eliminated, not be needed and the few can run the world through machines they control is just a pipe dream; machines don't really think, and if a superconnected machine dominated world hits a snag like breakdown in the electrical grid, most of the planet could be thrown instantly back into the stone age.
The modern world from tv, to computers, to the military, to food production, to energy production is all electricity dependent.
One solar flare like that in 1989 which hit Canada and overnight we are into that scenario.
But more mundanely and assuming that does not happen we have the human factor, which will be dominated by birth rates in the West over the next twenty years and as mentioned aging trends.
Here is a beginning article on what is currently happening. We have a situation where the population growth rate will slow down and probably reverse if not flatten out.
The reason, the west is aging and the young don't have the money to start families.
This is what the Guardian refers to as the "Baby Recession." It is happening all over the West and the young can't start families and the aging are growing in numbers.
This means that cities will no longer be sustainable, where the tax base shrinks, where recession becomes permanent, where the consumer society becomes unsustainable, where the new minted middle class in many countries experience severe disappointments and like Arab spring food and fuel shortages or the cost of these items grow beyond the means of this new middle class, they will take to the streets, as they and are doing all over the middle east currently. This will spread to the West as well in time unless the problem is recognized and steps taken to avert this .
Meantime
http://www.theguardian.com/business/2013/aug/18/eurozone-baby-recession
"In simple terms, a smaller population means a smaller potential tax base and, all things being equal, this implies that even when these economies return to 'full' employment, tax revenues will turn out to be less than were estimated before the recession started."
8/21/13
China as a example of an important aspect of the planet's future: it does not look good.
http://www.motherjones.com/tom-philpott/2013/07/why-china-wants-us-grown-pork-chops
http://www.motherjones.com/tom-philpott/2013/08/why-china-wants-us-grown-pork-chops-part-2-land-edition
http://www.mckinsey.com/insights/mgi/in_the_news/growing_pains
" Unless the world takes action, dynamics
such as these are likely to endure. Our recent
report indicates that unless crop yields
and productivity are substantially improved,
an additional 175 million to 220 million
hectares of cropland will be needed globally
by 2030 to satisfy increasing demand for
food, animal feed, and fuel (exhibit)."
From:
http://www.mckinsey.com/Search.aspx?q=arable%20land&l=Insights%20%26%20Publications
Africa to produce the next boom after China. The smart money thinks so and here is why.
The PDF below is worth down loading and reading. The best out there on the African potential.
8/22/13
There are 40 other nuclear reactors just like Fukushima.
http://www.csmonitor.com/World/Global-News/2013/0821/New-Fukushima-radioactive-leak-serious-video
8/22/13
Add South Korea to the list of low birth rate nations.
http://www.japantimes.co.jp/news/2013/01/08/asia-pacific/low-birthrate-could-slash-south-koreas-youth-population-in-half-by-2060-report/#.UhYSiGK3Mb0
Now we look at the high-aging countries
http://rt.com/business/aging-population-elderly-double-2050-904/
"As recently as 1992 it was predicted that there would be 7.17 billion people on Earth by 2010 instead of the actual 6.8 billion. In fact, the fertility rate has fallen by more than 40% since 1950."
From:
http://www.sciencedaily.com/releases/2013/04/130404072923.htm
"In China, the world's most-populous country, the number of working-age adults for each person 65 or older will shrink from 7.9 in 2010 to 1.6 in 2100. The ratio in India, the world's second-most-populous country, will decrease from 11.1 in 2010 to 2.0 in 2100.
The United States' ratio declines from 4.6 in 2010 to 1.8 by the end of the century. Other developed nations with low fertility rates show somewhat larger declines, including the Netherlands dropping from 4.0 to 1.6 and the United Kingdom dropping from 3.6 to 1.6 by century's end.
"The United States has more favorable numbers than other developed countries now, and will retain a slight advantage over other countries at the end of the century," Raftery said. He attributes the United States' relatively more-promising outlook to the country's higher levels of new births and to immigration."
From:
http://www.sciencedaily.com/releases/2012/08/120820152055.htm
While some population people predict massive population growth, I doubt it. Even if such growth occurs these studies assume that the mix of population metrics will remain the same in Europe and the West. Probably not. Growth will be mostly from Africa.
Through all this is the assumption that the world will need extraordinary talent in the next twenty years. How well equiped are we to recruit and hire this talent.?
"The Wall Street Journal reported this Thursday “Stock and bond prices tumbled after stronger-than-expected economic data …”
Why would good news about the economy cause the stock market to fall? The sentences continue: “… raised investor anxiety about a pullback next month in central-bank support for financial markets …”
http://www.nationofchange.org/bankization-america-1376721385
The unspoken fact about the above is that 1 percent profits depend upon the continuation of a system which gives them for free 85 billion dollars a month, free money, countless tax breaks, taxpayer money, and low wages for the poor, the middle class and the young and immigrants. That is the true basis of the so-called American "prosperity" today.
Tomorrow we continue.
8/18/13
The economic future also depends to some extent upon birth rates and aging trends.
The dream of the technologists that human labor can, over time, be eliminated, not be needed and the few can run the world through machines they control is just a pipe dream; machines don't really think, and if a superconnected machine dominated world hits a snag like breakdown in the electrical grid, most of the planet could be thrown instantly back into the stone age.
The modern world from tv, to computers, to the military, to food production, to energy production is all electricity dependent.
One solar flare like that in 1989 which hit Canada and overnight we are into that scenario.
But more mundanely and assuming that does not happen we have the human factor, which will be dominated by birth rates in the West over the next twenty years and as mentioned aging trends.
Here is a beginning article on what is currently happening. We have a situation where the population growth rate will slow down and probably reverse if not flatten out.
The reason, the west is aging and the young don't have the money to start families.
This is what the Guardian refers to as the "Baby Recession." It is happening all over the West and the young can't start families and the aging are growing in numbers.
This means that cities will no longer be sustainable, where the tax base shrinks, where recession becomes permanent, where the consumer society becomes unsustainable, where the new minted middle class in many countries experience severe disappointments and like Arab spring food and fuel shortages or the cost of these items grow beyond the means of this new middle class, they will take to the streets, as they and are doing all over the middle east currently. This will spread to the West as well in time unless the problem is recognized and steps taken to avert this .
Meantime
http://www.theguardian.com/business/2013/aug/18/eurozone-baby-recession
"In simple terms, a smaller population means a smaller potential tax base and, all things being equal, this implies that even when these economies return to 'full' employment, tax revenues will turn out to be less than were estimated before the recession started."
8/21/13
China as a example of an important aspect of the planet's future: it does not look good.
http://www.motherjones.com/tom-philpott/2013/07/why-china-wants-us-grown-pork-chops
http://www.motherjones.com/tom-philpott/2013/08/why-china-wants-us-grown-pork-chops-part-2-land-edition
http://www.mckinsey.com/insights/mgi/in_the_news/growing_pains
" Unless the world takes action, dynamics
such as these are likely to endure. Our recent
report indicates that unless crop yields
and productivity are substantially improved,
an additional 175 million to 220 million
hectares of cropland will be needed globally
by 2030 to satisfy increasing demand for
food, animal feed, and fuel (exhibit)."
From:
http://www.mckinsey.com/Search.aspx?q=arable%20land&l=Insights%20%26%20Publications
Africa to produce the next boom after China. The smart money thinks so and here is why.
The PDF below is worth down loading and reading. The best out there on the African potential.
| ... With 60 percent of the world's uncultivated arable land and low crop yields, Africa is ripe for a “green revolution” like the ones that have transformed ... |
There are 40 other nuclear reactors just like Fukushima.
http://www.csmonitor.com/World/Global-News/2013/0821/New-Fukushima-radioactive-leak-serious-video
8/22/13
Add South Korea to the list of low birth rate nations.
http://www.japantimes.co.jp/news/2013/01/08/asia-pacific/low-birthrate-could-slash-south-koreas-youth-population-in-half-by-2060-report/#.UhYSiGK3Mb0
Now we look at the high-aging countries
http://rt.com/business/aging-population-elderly-double-2050-904/
"As recently as 1992 it was predicted that there would be 7.17 billion people on Earth by 2010 instead of the actual 6.8 billion. In fact, the fertility rate has fallen by more than 40% since 1950."
From:
http://www.sciencedaily.com/releases/2013/04/130404072923.htm
"In China, the world's most-populous country, the number of working-age adults for each person 65 or older will shrink from 7.9 in 2010 to 1.6 in 2100. The ratio in India, the world's second-most-populous country, will decrease from 11.1 in 2010 to 2.0 in 2100.
The United States' ratio declines from 4.6 in 2010 to 1.8 by the end of the century. Other developed nations with low fertility rates show somewhat larger declines, including the Netherlands dropping from 4.0 to 1.6 and the United Kingdom dropping from 3.6 to 1.6 by century's end.
"The United States has more favorable numbers than other developed countries now, and will retain a slight advantage over other countries at the end of the century," Raftery said. He attributes the United States' relatively more-promising outlook to the country's higher levels of new births and to immigration."
From:
http://www.sciencedaily.com/releases/2012/08/120820152055.htm
While some population people predict massive population growth, I doubt it. Even if such growth occurs these studies assume that the mix of population metrics will remain the same in Europe and the West. Probably not. Growth will be mostly from Africa.
Through all this is the assumption that the world will need extraordinary talent in the next twenty years. How well equiped are we to recruit and hire this talent.?
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