In The Digital Age...2/3 of Jobs GONE!!!!!!
Hewlett-Packard to cut 9K jobs; see $1B in charges
9000 Jobs? In a technology company? A market leader?
Welcome to the Digital Age.....where efficiency reduces the need for labor.......in addition, did you really think we could simply consume and live off entitlements our whole life while producing less and less?
Eventually we run out of savings and run out of access to credit....remember ZOMBULATION........and at that point we must produce or fight to try to maintain the world as we know it.....
The problem is our only major source of productive growth right now is the MILITARY.....and since we don't produce enough NON military output to maintain the current system....it appears the only way we can increase production is to fight....and boxing matches can be exciting for the spectators.
And you "money printing" Fools....printing money without a corresponding increase in production accomplishes zero.......whether a loaf of bread is $3 before printing or $6 after printing..........if your wages have not doubled....which they will not without increased production.....you are just one step closer to starvation.
If you don't believe me.....just ask the elderly dependent on Social Security or the tens of millions of Americans who have seen their wages decline over the past ten years.
My Sheep....My Sheep.....WAKE UP......WE MUST START PRODUCING OR RESTRUCTURE.......how well do you fight?
Seriously.....are you really watching the ticker.....you knew it was over on 9/09....when our major government agencies were bankrupt and you didn't care.....you just wanted to maintain your lifestyle rather than deal with the issue at hand....now we will have to deal with both as the problem is a few trillion dollars bigger.