shaneos
this will be a big equaliser,
there is only so much room at the top.
a lot of people will be knoocked right back down the ladder. ( not such a bad thing really)
those at the bottom are loving it.
in Australia, doubling the dole, paying part timers $750 a week. They think its Christmas.
wont make much difference to them in the long run.
you cant go outside and enjoy yourself at the moment anyway. Everyone has to act miserably.
they will be getting very drunk behind closed doors though. ( hehehehe)
Anyways, at the end of all this
1) the ultra rich will still be the same
2) middle and upper middle class knocked down hard
3) people at the bottom will be the same.
4) self funded retirees hit hard
5) countries indebted to the eyeballs.
6) people have to lower their expectations ( not such a bad thing)
7) maybe less wastage ( not such a bad thing)
8) people will have to help each other more ( not such a bad thing)
9) anyone with any assets will be taxed hard.
10) GOLD WILL STILL BE A SAFEHAVEN.
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shaneosthis will be a big equaliser,there is only so much room...
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