cods wrote on Jun 24
th, 2016 at 3:09pm:
come on rusty detail details...
whats it got to do with US?...
Oh, I think it is guaranteed, there will be ramifications for US, Cods!Just think of the back tracking, WE will get from both Major Political Party's, on the Growth & Jobs front, Because of "problems with Markets & "lower Global Economic Growth", spurred on by the BREXIT VOTE!
And, there will be "some" legitimacy in that, But the underlying major reasons for Economic issues goes much more widespread & the Politicians (ALL OF THEM), should be well aware of what we face, which is -
1) Demographics - where the Global Population is Aging & where Growth is slowing, just prior to going into actual Decline.
2) Energy - Where Growth in Demand is Slowing, Growth in Supply is also slowing & Pricing is Down, in tune to both Demand & Supply.
3) Climate Change - which is changing & affecting Agriculture & Water Supply, in different ways,in different places.
4) Debt - which is off & racing higher Globally, following the Japanese trend, which started around 1990 & it is the "Canary in this Coal mine".