Post
Topic
Board Economics
Re: One-world reserve currency inevitable and will enslave all nations?
by
iamback
on 19/03/2015, 17:51:58 UTC
---------------------------- Original Message ----------------------------
Subject: Mar 20: Asia is rapidly adopting automation (the West is falling back to "undeveloped")
From:    iamback
Date:    Thu, March 19, 2015 1:48 pm
To:      "Armstrong Economics" <armstrongeconomics@gmail.com>
--------------------------------------------------------------------------


...

In addition to the very low rate of government spending (and cost of regulation) as a percent of GDP in Asia as compared to the West, the other reason Asia will accelerate past the West is because Asia is young and the youth here don't even remember a world without mobile phones and internet! Thus Asia is ready to adopt the Knowledge Age quickly, because they are young and don't have a bankrupt government (too many constituent liabilities in the West) that will stand in the way like the NSA and Homeland Security are destroying high tech in the USA. In fact, I am predicting New Zealand to be the next Silicon valley, because of KimDotCom's initiative and political success and because in the new era of virtual collaboration then the best programmers (like myself) will choose to live and work in paradise (have you seen photos of New Zealand?)!

Just look at the cities in Asia and Dubai as compared to the cities in the West. The former have radical new high-tech architecture, and latter look like they are stuck in the 1960s.

Japan & Brazil:


USA:


Indeed it is true that many people will not be able to adapt to the requirements for full and most gainful work in the fledgling Knowledge Age, and this will be most egregious amongst the baby boomers in the West! A confluence of factors is hitting the demise of the West and it will simply fall into the abyss, there is no possible solution (other than immigrating Asia to the West and restructuring all the constituent liabilities).

Quote from: Armstrong
A plumber and a painter may not be easily replaced but a taxi-driver will eventually be replaced.

...

It is true that the entire economy won't be automated by 2033. Oxford University's research projects 47% of existing jobs as of 2013 would be replaced with automation within 20 years.

But the salient point is that the sectors of the economy that are not automated will be 3 to 4 orders-of-magnitude less profitable and productive. Thus, those undeveloped areas (e.g. the currently "developed" western nations) will fall into the abyss with the one-world reserve currency of debt financing and socialism (I demonstrated in recent post these evils are symbiotic and sleep together).

So fuck your one-world, restructuring bullshit. It ain't the solution nor the real future. That top-down crap is for managing the slaves. The future will grass-roots break free from that.

Sure I will support your "Solutions" as a way to mitigate a Dark Age, but I doubt you will get traction. It will be the same as every other attempt you tried such as reforming taxation in the USA (when you debated Steve Forbes) and when you tried to advise them not to create the Euro without merging the national debts. You will pull your hair out in frustration with the MOR-ASS in the West. Instead I will move forward to the bottom-up future of the Knowledge Age!

I know which of these will be more effective and move faster.


http://armstrongeconomics.com/2015/03/19/jumping-to-conclusions/

Quote from: Armstrong
...

This is something to start the debates and END class warfare which is all about Marxist philosophy. This is all about thinking out the box. A fundamental principle that is just not even considered because the majority assume this is the way we operate is what needs to be challenged. So read before you assume and add to the debate. Trying to criticize something you have not even read is condemning us to the total collapse of the entire system for it will not survive another downturn as is.