I'm not as pessimistic as the OP but the structure of the west's financial systems seem very precariously situated at best....How long can we allow ourselves to run in the red before we figure out that we're digging ourselves a deeper and deeper hole?
The united state government has already detached itself from banks by implementing bail-in infrastructure. They know that the dollar isn't functioning as well as it used to, so they're trying to stall the collapse as much as possible. Anything that they do won't change the final outcome, dollar is broken and a ticking time bomb.I don't know....major shifts are in the works! When it comes down to it, knowledge will rule....not money! Peer to peer networking is where the REAL value seems to exist. Manual labor seems to be taking a back seat to intellectual labor....it's scary in my opinion!
Machines have been stealing manpower since the beginning of time.Self driving cars will most likely be the biggest hit on manual labor that I foresee, but until we hit AI singularity, there will be no shortage of new jobs within the tech industry.
