People

Marx already realized it – modern days capitalism is a highly unstable system.

bad if your life depends on the inflow of money – you are basically trusting your life to windows 95 – it could crash any moment – nobody knows when – but everybody knows it will…

…just praying will not do the job.

“Suicides resulted in 828,000 global deaths in 2015, an increase from 712,000 deaths in 1990.[5][13] ” (src: en.wikipedia.org) (+16% in in 25 years, so you can say +0.6% increase every year?)

“After 40 years of market fundamentalism, America and like-minded European countries are failing the vast majority of their citizens. At this point, only a new social contract – guaranteeing citizens health care, education, retirement security, affordable housing, and decent work for decent pay – can save capitalism and liberal democracy.

NEW YORK – Three years ago, US President Donald Trump’s election and the United Kingdom’s Brexit referendum confirmed what those of us who have long studied income statistics already knew: in most advanced countries, the market economy has been failing large swaths of society.

Nowhere is this truer than in the United States. Long regarded as a poster child for the promise of free-market individualism, America today has higher inequality and less upward social mobility than most other developed countries.

After rising for a century, average life expectancy in the US is now declining. And for those in the bottom 90% of the income distribution, real (inflation-adjusted) wages have stagnated: the income of a typical male worker today is around where it was 40 years ago.

Meanwhile, many European countries have sought to emulate America, and those that succeeded, particularly the UK, are now suffering similar political and social consequences…”

Unfortunately this article – they want money for it. so this is only an excerpt.

src: project-syndicate.org

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)