Quote:
Originally Posted by Tchocky
Globally we're looking at the largest wealth creation event in history over the last couple of decades.
Of course those at the top (everyone posting in this thread including me) don't want this to change.
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Not really, we're seeing a wealth shift to a small percent. Certainly, wealthy people don't won't it to change, but the failure will be in that it will lead to a change in the economic power map. When you create a class system, it will eventually lead to the end of that nation as a power. You can only keep the masses at bay with tax funded social programs for so long.
Our economy in the US hasn't really improved, the govt simply dumped a few trillion into the economy, which created some jobs and propped up the stock market. Now we're left with the debt and those funded jobs will go away. Course, govt will keep trying to fund the economy and kick the bucket down the road, but eventually it will implode. Any serious economist admits the big crisis is coming.