https://therealnews.com/stories/rising-expenses-and-stagnant-incomes-squeezes-middle-class-everywhere
src: therealnews.com

Millennials will have a hard time just to keep the living standard of their parents. (most won’t)

a strong middle-class was the basement of the Western Economy – it has been sucked out.

I blame the utterly unsustainable nature of unlimited free-trade capitalism and THE BANKS (Central and Private) for it.

  • the current monetary debt-money-by-private-banks-system is a unsustainable catastrophe
  • monopolies do not work forever

Unlimited (no limit in the amount of wealth a single individual can acquire, like possess a million houses or the whole planet?) to form monopolies = trade in balance (dependencies on things people need to survive: energy, medicine, food/seeds, you name it) – thus the bigger companies get even bigger (right now you can observe a lot of mergers – that is exactly that).

Merge – merge – acquire – until there are only one bank, one oil company, one electricity company, one car company building cars (without jobs, only robots) for the whole planet – but not selling them cheap.

Profit creation without job creation + falling wages?

With what income are people supposed to buy these cars?

More private household debt ain’t going to cut it.

It is the dilemma of in balance by monopolies – it just does not work or is massively unsustainable (works only short term) – the same with trade in balances (it is exactly the same as in-debt house holds but on a nation level).

Yes – you can create more money and give it to the poor to avoid revolution and riots – but we also need sustainable role model lifestyles:

  • generating your own electricity (learning how to setup solar power systems and batteries)
  • grow your own food
  • learn how to recycle your waste
  • learn how to build stuff yourself

… all of this is a lot of work but greatly REDUCES your trade-deficit = dependency on monopolies – why not praise it with a little extra money from the state?

Great, thanks all involved, what now?

evolution or revolution?

We will have to change the way we live (aka “The World”) – the old ways ain’t workin’ no more.

Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z. Researchers and popular media typically use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years. Millennials are sometimes referred to as “echo boomers” due to a major surge in birth rates in the 1980s and 1990s, and because millennials are often the children of the baby boomers.”

(src: wikipedia.org)

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