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Originally Posted by Brutha  At the moment Europe is losing labor for another reason: Demographic change.
As people get older they are less likely to be able to work. Old people still have to be feed and need medical assistance while dead people don't. |
I agree that's a problem. But if we're talking about that, we could raise other points as well. For example, we have more accumulated wealth and more labor saving technology than 80 yrs ago.
I think we have a tendency to underestimate the good times in between the bad times. This is also true for our personal crises. It's always hard to imagine something outside what you're currently experiencing.
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Originally Posted by Brutha We however have also other inventions like 100$ IEDs. |
The threat of terrorism in certain regions (including the West) has increased, but on the whole the world is becoming
more peaceful.
Maybe this trend will be temporarily reversed during the crisis.