I SERIOUSLY DONT THINK IT IS (STA BREAKING NEWS and ARCHIVES)

by Gnosine , normangee,texas, Thursday, October 30, 2014, 09:49 @ JuddBonus

perhaps we won't see the unemployment crunch in our generation but i feel for the kids facing dismal career options. if schools would bring back "industrial arts' and teach a course in real finance, students would probably lean more towards a "trade school" instead of majoring in deadend careers with student loan debt up to their eyeballs. just sayin'...so i'm pitching a mental tent next to warhammer at camp ure.

"“What’s that?”

Oh, the fact that we will have structural employment in the 30-40% unemployed range by 2025 because of robotics.

The arrival of robots to be bellmen in hotels, the self-driving veh8icvles that can wipe out truck drivers…oh the list is going every day. Even the fast food jobs are going away as Momentum Machines replaces the whole back-end of fast food with smart automation. They call it the “next industrial revolution” – which is far more transparency than we are seeing from government on point.

Yet even as Google has announced that it will have a machine capable of programming itself (which will make computer programmers OBO’s, too) we see the Fed is focused on a problem that doesn’t have a solution; at least with the current economic paradigm.

Sound money is not an option. And you know why?

Because sound thinking is not an option in today’s politically appointed world."

http://urbansurvival.com/