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You Can’t Re-Create Idle Skilled and Entry-Level Labor Overnight – The Coming Economic Crash and The New Entrepreneur – September 9, 2019,

Posted on September 9, 2019 by RichInWriters

You Can’t Re-Create Skilled and Entry-Level Idle Labor Overnight – The Coming Economic Crash And The New Entrepreneur – September 9, 2019,

There’s something strange happening in the global markets, that only a handful of Global leaders like Donald Trump, Shinzō Abe, and South Korea leader Moon Jae-in appear to be in tune with. Now, I’m certain other leaders around the world understand it as well, however looking at the numbers and the global changes in trade, it appears there will be quite a few countries on the losing end of the immediate economic future once the recession hits. Now, if you’re reading this, would it come as a shock to you, if you found out that Russia was behind Bitcoin? Suppose Bitcoin was actually a communist tool to usurp the power of the U.S dollar, would this shock or confuse you because it shouldn’t.

A huge part of communism is the preservation of one’s wealth derived from his/her labour. The flaw of Communism is, of course, their hatred for inflation and deflation, what the communist hope to achieve is a true balance of power, or the State having the ability to control the economic outcomes of individuals. Humans trying to control the economic outcomes of other humans via government decree is, of course, the strength and the weakness of Marxism. Cultural marxism like Multi-culturalism strips a person of their individualism or I should write persons RIGHT AS AN INDIVIDUAL to do stupid things if he or she chooses as long as it doesn’t infringe on the rights of others.

So, what’s going on in the markets today, what is the investment community all over the world beginning to realize? Laborforce participation is on the decline all over the world. Namely male labor force participation is down The question to ask is why? Why is male labor force participation numbers down? Well, my dear friends and I hate to sound sexist but it is what it is, regulations in the job market all over the world, favor the female employee.

When men haven’t regulated themselves out of the workplace via stupid laws like the minimum wage or via Trade and Labor unions, gender-biased laws in almost every government geared towards inflating a woman’s worth in the market place is causing more and more men to become self-employed and self-employed or out of work, men, is a bad sign for tax collection. Let’s call it for it is, men do most of the labor-intensive work all over the planet and men are being disincentivized to work for large corporations, now, I have to call this for what it is. Labor unions have had their time in the Sun and their usefulness in the modern technological era has waned.

Consider watching the video below:

Now, I’m being honest, if my current life went to hell, the first place I’d apply to work for would be Amazon. I did a lot of shitty jobs in the 1990s for a fraction of the pay Amazon offers, Amazon even pays employees to leave and never come back, the Amazon pay scale is well above the minimum wage, if you watch the video below with the Somali Americans working for Amazon, they were complaining about not having enough parking spots on the Amazon premises.

Now, I used to work in the Sheet Metal industry, first off, most of the employees couldn’t afford cars and those of us who could have to get to work early or find parking elsewhere on our own. The owner didn’t care and there was nothing the union could do about it, because margins for the company were slim anyway, because China as an example was doing everything in its power to wipe the company I worked for out of existence.

U.S. corporate insiders selling shares at fastest pace since financial crisis a decade ago | CBC

Why do I bring this up, because the generation of kids coming after Millenials, they’re going to destroy Millenials, I actually feel sorry for Millenial parents if they do a horrible job raising their children because there’s only so much the central bankers can do to hold onto this economy. The numbers simply don’t make sense anymore and there are 2 coming scenarios that humanity is simply going to have to accept, either Cash will be king via the leadership of the U.S dollar or Money as we perceive it today will be changed.

A gold or commodity standard of money is the preference by some, but it’s unlikely to be a practical solution in the modern economy because all labour as I’ve illustrated above can be unionized. What about a free-floating Crypto-Currency could that become a reality? Of course, it can, but if you know anything about the market, people want insurances, the market is always looking for some form of perceived insurance from theft. If Bitcoin offers a form of government-regulated insurance, it kind of diminishes the market it’s trying to uplift.

There was a demand for Fiat money, there’s always been a demand for fiat money and let’s call it for what it is, the fiat monetary system has worked, however, it’s reaching a crossroads in its credit market. Credit was never supposed to be for consumers, credit was supposed to be for business people, business people grow the economy and all over the world, we’ve slowly adopted more and more socialist policies to the point now, that there’s an expectation that the retail consumer of debt should be protected from default. This, of course, is pushing the labor market on the edge of extinction, if the retail consumer is going to be protected via global governments, why should exhort my labor for this Fiat currency?

So, what’s happening is you’re seeing an increase for male labor to become self-employed, now because of this demand, Populism is becoming the norm all over the world. Obviously, most men don’t understand Austrian economics, so what populism is, is it’s basically the Italy situation. If a person investigates the Italian economy, you’ll notice that the government is in the way of progress, however, most men in Italy have a hard time understanding that most of the laws on the books are there to protect the Welfare State.

The largest consumers of welfare are women, however, men who use the Government to protect their jobs, or use the government to protect them from foreign competition, these men are also recipients of Welfare, they may not see it, but they are. If you as an example are an entitled man, who views mass immigration as driving down the price of labor you’re admitting that the price you’re paid for your labor was artificially inflated. The Global market-place, the free-market has no wage or price controls, you’re paid what the market believes you’re worth. and this is how you accumulate wealth.

Now, if a person wants some form of insurance, that individual has to pay out of pocket for that insurance and if that person isn’t willing to pay out of pocket for insurance and instead wants the government to cover his/her losses, what that person is in essence doing is asking the government for welfare. Welfare is, welfare is, Welfare, if you’re asking for government intervention there’s a price attached to that and because the world has a central banking system built on Fiat money, our fractional reserve banking system is focused on creating wealth via the retail consumer.

Well, the data shows that the retail consumer is running out of steam and this is disastrous for the financial system because if the Central banks are looking for inflation and the consumer is looking for a Fire Sale, well, you kind of see the credit bubble ready to pop. Now, a big huge keyword I’m using CREDIT BUBBLE, not a cash bubble, there’s a CREDIT Bubble. Most people when they get a credit card aren’t going to withdraw all the money and hoard it, because not only will they lose access to credit in the future, they’re essentially going to pay ridiculously high fees and ridiculously high-interest rate. So despite what many people think, there actually isn’t a lot of PHYSICAL cash in circulation. Most of the money in circulation today is in the cloud, it’s credit, the hope to pay it back in a future date.

Well, it’s becoming increasingly apparent that the future dates of these notes are becoming increasingly less likely and some form of restructuring is going to be necessary to make this system sustainable in the future. Now, why is a Gold Standard, not the solution in the modern era? Austerity measures that’s why, currencies, Government banknotes, paper money will dilute itself next to the gold standard, it’s happened throughout history. If we have a Gold Standard it will happen again.

What’s the likely solution to the coming financial market? Regulation cuts and Austerity measures, something that the world as it stands today isn’t ready for. So instead, what I believe will happen is debt renegotiation. I’m not entirely sure what that looks like, but it’s what the market will demand. There have been several entities trying to wake the public up to wage and price controls, I’m not sure if it’s worked yet, but a market economy is the only way to correct this problem. A rethink of economics, an increase in entrepreneurship all over the world. Come on let’s be serious technology has reached a point now where a lot of the old ideas of worker security needs to come to an end.

Workers insurances in the Private sector is a far better solution than Government wage enforcement in the private sector. Public Sector workers also need to be put on notice that their jobs should also be based on results. Public Sector Unions, they need to be put in question and this, of course, is going to be a huge problem when the recession does hit, because a large chunk of the public sector workforce are women who have little understanding of a market economy. We’ve spoiled and literally propped up women both in the public and private sectors. It’s actually an embarrassment that most sex workers know more about the Free market than do women in the Public sectors. The market is increasingly demanding reforms, I initially thought Jerome Powell had the cajones to flush the system of bad debt, apparently, I was wrong as recently he gave into Donald Trumps political demands to lower interest rates.

The coming economic crash baring a world war will benefit the entrepreneur, the market has called it, prepare yourselves accordingly.

Interesting times ahead.

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