Opinion – EU demographic indicators: Situation, trends and potential challenges – John Gelmini

I think this article via Dr Alf on EU demographic indicators demonstrates the staggering complacency of those who run Europe.

The article talks about “challenges”, yet for 30 years the EU has failed to produce a single net new job, and apart from Germany is not exporting enough or paying its way.

The pronouncements of Eric Schmidt of Google, who in 2013 said that 50% of American jobs would disappear by 2033, seem to have passed by Messrs Delivorius and Sabbati, the authors of this article. American worker productivity is the best in the world, so even more European jobs will vanish with all that that means for poverty, pensions, the future of European youth, and defense.

Their use of the word “challenges” seems to imply that the issues posed by robotics, cybernetics, 3D printing, automation and self-replication can be considered at leisure and solved at the stroke of a pen.

Thoughts?

John Gelmini

Opinion – Six Western economies apply to join AIIB – People’s Daily Online – John Gelmini

English: Logo of the People's Daily 中文: 人民日报题字

English: Logo of the People’s Daily 中文: 人民日报题字 (Photo credit: Wikipedia)

This is an interesting article from Dr Alf, which shows the dichotomy between the Western approach to defense, which is to treat China as a threat to be contained and not to be trusted in terms of cyber warfare and their approach to money. But it’s perhaps America, like ancient Rome, that’s on a downward trajectory, under its present lame duck administration, led by Obama?