09-02-2018, 07:54 PM
(09-02-2018, 05:23 AM)Teejay Wrote: ... When it comes to the Millennial generation here in Australia I am very optimistic about them and they will achieve a lot. However I am worried especially once we suffer through our own Great Financial Crisis (which has been delayed), some authoritarian regime supported by the Millennials could arise in response to the likely response from the political class, namely a very expensive public bailout of the banks facing collapse.
The banking industry is derelict worldwide. I'll be honest. I don't know how to respond, but it's obvious that allowing them to gamble, lose and tap the public purse to cover their losses can't continue. I actually think the collapse might start in China, but once it starts it will go global very quickly.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.