Watching BBC2..."Billion dollars deals......." Thoroughly depressing but we'll worth watching. Say goodbye to cash and hello negative interest rates, all because you must not save, only borrow and spend......!
The WEF study shows that the United Kingdom presently has a $4 trillion retirement savings shortfall, which is projected to rise 4% a year and reach $33 trillion by 2050. This in a country whose total GDP is $3 trillion. That means the shortfall is already bigger than the entire economy, and even if inflation is modest, the situation is going to get worse. Further, these figures are based mostly on calculations made before the UK decided to leave the European Union. Brexit is a major economic realignment that could certainly change the retirement outlook. Whether it would change it for better or worse, we don’t yet know."
Bringing you pollution, cancer, global ecocide, starvation, population growth, military industrial complex, war and inequality ? More ?
Essentially my main concern is that the market is based on producing 'wealth' while as humans we should strive for ends that should not be measured in the capacity to produce 'wealth' . Where is the incentive to discover the extent to which the market (modern living)is (or is not) killing us with cancers for example.
(N.B. Stokie.... I have placed question marks, but yes I am inclined to disagree with the thesis ) As for solutions well that would require a book but suffice to say I think we could come up with better!
M.M. “But I had a really tough year last year and I thought it was a bit wrong of them to sing that I’m getting sacked in the morning [tonight], I thought that was a bit appalling. I didn’t like that, to be honest.”
.....done a lot of motorway driving recently and the number of people, particularly at night, that cruise along with one, two or three empty lanes on their inside is unbelievable. There must be some of you out there........one question......Why?
Edit......just look on it as the inside lane not the 'slow' lane.........there is no shame in using it !