Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
- Posts
- 12,203
- Reactions
- 8,447
If a Woolies shelf Stacker retires, we need a new one, it’s not always about new industries, and if that retired shelf stacker needs some one to change his nappies we then we have to create that job Too.If you aren't building productive industries and only increasing popultion to maintain a working age population, that is building non productive infrastructure, where is the net gain? Other than increasing population for population sake?
As I posted earlier, we are actually running a negative GDP per capita economy and I don't see many capital raisings or IPO's flying.
Nickel is on the nose, coal is a nono, iron ore is having it's day in the sun, but let's be honest things aren't rosy.
Most of the exisitng jobs boomers are leaving still need to be done by someone, plus we need people to change the boomers nappies and replace their hips etc etc.