things do not look good

Sorry wrong thread before.

I know that the economy is a cyclical thing but how are we going to get out of this. The U.S.has a debt that it realistically will never be able to pay. Europe has 25% youth employment with no signs of improvement, Australia is nothing but a big open cut that will run out of stuff. Nobody hardly makes anything anymore and all IT work is going off to India, Phillipines and N.Z. At least the Kiwi’s have realized they cannot survive with wages that are not competitive and we have unions wanting more wages and a government just finding more schemes for the tax payer to fund.

And I won't go into the health of the baby boomers that will treatment very soon; been to a hospital lately - oh my god, a lot can't fit on to the beds!

Am I missing something or we headed for serious trouble?