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Messages - Mackin USA

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Economics & Investing / Is the New World Order approaching death?
« on: September 01, 2019, 11:46:54 AM »
Or can they take over Russia or China...

>>> Robots

"Mr. Ford lucidly sets out myriad examples of how focused applications of versatile machines (coupled with human helpers where necessary) could displace or de-skill many jobs.... His answer to a sharp decline in employment is a guaranteed basic income, a safety net that he suggests would both cushion the effect on the newly unemployable and encourage entrepreneurship among those creative enough to make a new way for themselves. This is a drastic prescription for the ills of modern industrialization--ills whose severity and very existence are hotly contested. Rise of the Robots provides a compelling case that they are real."―Wall Street Journal

Chasing low labor rates may be a fool’s errand in the long run, as labor rates will presumably rise everywhere as the global economy develops. But Vietnam is still one of those places “where lots of people are still scrambling for entry-level work,”

The Next Recession Will Destroy Millennials

"The trade war is dragging on. The yield curve is inverting. Investors are fleeing to safety. Global growth is slowing. The stock market is dipping. The Millennials are screwed."

Water Cooler / Re: Danish poll on Greenland sale
« on: August 27, 2019, 11:09:05 AM »

Water Cooler / Re: Values Seen as Important to Americans Are Changing
« on: August 27, 2019, 11:07:33 AM »
How every SAD

Economics & Investing / Re: National Study of Millionaires
« on: August 27, 2019, 11:06:45 AM »
Are they getting an education in the USA that enables them to become any of the top five careers?

There could be a  "Recession" in the 1st year of his second term.

Water Cooler / Re: Master Plan of the Universe (maps)
« on: August 23, 2019, 10:05:02 AM »
I can see our home.  8)

Yep, possible July 2021


Recession Fears Are Overblown

The yield curve is no longer a reliable predictor, and other economic indicators are strong.

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