- american wages will slowly revert to global standards where there is global competition...i.e. start getting used to hiring managers talk about the "bangalore price" just as people in manufacturing have been beaten about with the "china price".
- stock markets will be continuously pummeled by volatility and mandated selling (boomer 401k liquidation)
- the big "IF" - can the dollar survive. we've basically entered a zimbabwe-like state of fabricating huge volumes of new currency to prop up fiscal fractures that were themselves caused by excessive abuse of currency in the 90s. one must ask, at what point does the dollar break? my guess: US debt of 25 trillion
- american wages will slowly revert to global standards where there is global competition...i.e. start getting used to hiring managers talk about the "bangalore price" just as people in manufacturing have been beaten about with the "china price".
- stock markets will be continuously pummeled by volatility and mandated selling (boomer 401k liquidation)
- the big "IF" - can the dollar survive. we've basically entered a zimbabwe-like state of fabricating huge volumes of new currency to prop up fiscal fractures that were themselves caused by excessive abuse of currency in the 90s. one must ask, at what point does the dollar break? my guess: US debt of 25 trillion