Boomer elite are cashing out after pumping this fragile economy over the last 50 years. Negative Yield Rates / Automation & the environment are going to reak havoc on equities over the next decade. Coronovirus showed us that this bubble economy is held up by nothing more than speculation. How are people going to be able to buy a Apple phones if low skilled jobs are disappearing more and more every day, such as what
AMZN
is about to begin with their workerless stores (3000 are scheduled to open up over the next year or so). We're moving away from low skilled workers and more into an era where only specialized talented people will be paid what their worth. The rest of the greater population will suffer, immensely. With Jobs disappearing left and right and the wealth gap increasing day by day. I would be short this entire bubble until A. the Population decreases or B. Autonomous tech is made illegal so as to protect the working class that supports this entire bubble (
GOOG
AAPL
NKE
).
https://www.businessinsider.com/amazon-opening-3000-go-stores-2019-1
AMZN
is about to begin with their workerless stores (3000 are scheduled to open up over the next year or so). We're moving away from low skilled workers and more into an era where only specialized talented people will be paid what their worth. The rest of the greater population will suffer, immensely. With Jobs disappearing left and right and the wealth gap increasing day by day. I would be short this entire bubble until A. the Population decreases or B. Autonomous tech is made illegal so as to protect the working class that supports this entire bubble (
GOOG
AAPL
NKE
). https://www.businessinsider.com/amazon-opening-3000-go-stores-2019-1
코멘트:
We're already seeing politicians take notice and do their best to stymie this apocalyptic situation by pushing to raise the minumum wage in the US to $15 / hour. This will not work! Housing prices and the cost of goods will have to recede, significantly to get back in touch with the the true wealth of the middle class. If COG (Cost of GOODS) recedes so will the profits, along with the inflated prices of these companies.
All charts are only thoughts and opinions. Always do your own research.