There is a severe problem arising in the United States - up to date unnoticed by the general public and just recently getting attention in the media:
Unemployment in the age group between 24 and 34 has risen enormously during the last decade.
| country | 2000 | 2011 |
[OECD (Organization for Economic Cooperation and Development ) statistical data]
As the figures show this seems to be a trend in other countries, too, but at a much more moderate level.
The NYTimes reports that scientists are guessing what the reason for this desaster might be - my best guess is:
An overwhelming and ever increasing part of the U.S.-corporations are not producing goods any more - there is no substance produced for years now, and the growth of the economy depends on one hand mainly on software & related products, on the other on the banking sector with all the flaws discovered since 2010.
But who will believe me - compared to some renowned Professors who are clueless?
Last modified: 8/2/22, 11:49 AM
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