There are of course those who do not want us to speak. I suspect even now, orders are being shouted into telephones, and men with guns will soon be on their way. Why? Because while the truncheon may be used in lieu of conversation, words will always retain their power. Words offer the means to meaning, and for those who will listen, the enunciation of truth. And the truth is, there is something terribly wrong with this country, isn't there? Cruelty and injustice, intolerance and oppression. And where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission. How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror. I know why you did it. I know you were afraid. Who wouldn't be? War, terror, disease. There were a myriad of problems which conspired to corrupt your reason and rob you of your common sense. Fear got the best of you, and in your panic you turned to the now president, Barack W Bush. He promised you order, he promised you peace, and all he demanded in return was your silent, obedient consent.
"India has lost the war against the toughest forms of antibiotic resistance, largely because of poor sanitation, unregulated use of antibiotics and an absence of drug resistance monitoring, according to the man who discovered a type of drug resistance in bacteria in New Delhi."
1.) the young generation is still corrupt and apathetic and spineless
2.) assuming your number is correct (which I doubt), 90% of those students who overpaid for a masters are staying in the US
1.) Everyone in the thread is ignoring a huge point raised by the author: this is the last biggest bubble we will ever witness in our lifetime (and possibly for many lifetimes) due to
a.) unpeg of gold standard
b.) shift from farm to factory work
c.) shift from one income to two income household
d.) machine/software advances
and many other factors has produced the greatest economic growth we have ever seen in history. However, due to
a.) unsustainable financial gambling
b.) wealth growth only in top 1%, mostly through rentier effects
c.) robots, automation and artificial intelligence resulting in jobs destruction
d.) population slowdown, shift to older demographics
the second dip in global economic depression is happening. and will induce so much deflation soon that 99% of the world population will be very very poor. for 3-4 generations.
2.) due to the lack of hygiene/lack of transportation/too many people/bad weather/trash everywhere/homeless everywhere/fecal matters on the streets/too many doctors prescribing antibiotics, resulting in super-resistant viruses, there will be a huge epidemic sooner or later that might wipe out millions of people, and nobody will be able to do anything about it because the crash in the economy.
3.) Growth in IT outsourcing is no more. Foreign investments are down big. There are better countries for companies to invest in that have better infrastructure and speaks better english.
Why? Because we're in a global economic depression. Because the government cannot print money anymore. Because anymore printing will most likely induce hyperinflation.
(That's why there was no QE3 announced last month. That's why Germany/Finland do not want to expand EFSF from $400 billion to $2 trillion. That's why China is clamping down on lending, and will most likely earn a 0% growth next year)
And so all the debts will come due. From the $700 trillion derivatives worldwide held by the banks to the tens of trillions of debt held by the government.
Sure, there will be individual investors spreading money around willy nilly (think Dave McClure). But for most, it will be time to prepare for winter. A long 10-15 year winter.
You shouldn't stand up for facebook and scummy Mark Zuckerberg so much. You realize he's postponing IPO again and again so he can get you guys to work late nights month after month on tasteless projects like tracking people over the internet, kind of like carrots on a stick for donkeys, right?
I don't think the issue at hand is that fraud detections are unsophisticated. The issue at hand is that the fraud detections are in cahoot with the fraud themselves. For example: Enron, Worldcom and Accenture (past) Greece, Italy, Spain and Goldman Sachs, Fitch, Moody, S&P (present) Chinese local banks, Chinese companies and SEC (future)
The problem with hackers is that they always try to find mathematical solutions to moral problems. What the world needs right now is a moral solution. A beheading for those that have fouled.
Unfortunately, the hackers, the workers - ones that actually have the power to demand changes - are willingly allowing themselves to be exploited by those that lie, and not demanding any moral judgements. They're not interested in changing the politics, they claim. They just want to keep producing interesting things, they exclaim. They don't realize they're the ones keeping the lie going. They're the ones propping up this decrepit shell of a society.
Until one day the shell collapses on their kids, anyways.
Sure there's alot of entertainers, but most of them will struggle without making decent money (just like today).
There's a reason I said 20 years. In 20 years, most of baby boomers wealth will have disappeared. And so the eldercare/health industry will collapse then.
And remember there will also be alot more robots/vending machine/teleremoting help desk doing services, reducing human needs.
- In 20 years, 80% of the people in will be kept alive by welfare, supplemented by their hourly job. Enough to get a small apartment, utilities, cell phone, cheap but unhealthy food, and shopping at the dollar store. And free tv/movie/music/book/sports entertainment via the internet.
- 15% will be the middlemen, extracting value from the others via service or thievery. They will be the new middle class. They can afford the sometimes luxury.
- the other 5.5% will be specialized knowledge workers. They will be the one maintaining the software/hardware to make sure nothing goes wrong. They can afford lots of luxury, but will be taxed heavily, as they are the only workhorse left in the society.
- 0.1% will be entertainers. They will make sure that people are entertained well enough not to riot.