Reply #6: rapidly declining [View All]

[kineneb]

I don't think we will have to wait 50 years. Add up: the loss of manufacturing, decaying infrastructure, massive personal and national debt, inconsistent educational system, etc., etc.. and we have maybe 10 years with which to work. After that it is all downhill.

I think an economy is like a house. Neglect the basic frame, plumbing, etc. for long enough, and the whole thing collapses. The damage of neglect has been done and no one seems to notice. Now we just start waiting for pieces to fall apart and fall to the ground.