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.jayderyu said:

There is no requirement for an economy to get better. History shows that empires rise and fall. And every empire assumes they are an exception. While I know people who live US and I hope sincerely that things turn around. I want to know that someone who has a better education than me is employed and at this time he is not :|

I also think the politicians falsify numbers and allow for readjustments later to hide the real impact.

Yeah the way I see it, there is a shifting of the guard. The western empire is never going to be the same. Standards of living in the western world are going to lower but they are rising in the east (especially China and India). The middle-class in the west is going to shrink. It's going to be more like the old days where you had a small base of property owners and a large working-class that doesn't own property. Except that this working-class will be working white-collar service sector jobs instead of blue-collar factory jobs. Life is pretty shitty for the average person on Earth. It's just that things are starting to balance out more between the west and east now.