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Generation J(obless): A Quarter Of The Planet's Youth Is Neither Working Nor Studying

Tyler Durden's picture





 

We recently discussed the 'dead-weight' problem of youth unemployment in developed economies. The Economist estimates that the world's population of NEETs (not in employment, education, or training) is a stunning 290 million - or around one-quarter of the world's youth.

Sadly, many of the 'employed' young have only informal and intermittent jobs. In rich countries more than a third, on average, are on temporary contracts which make it hard to gain skills. Young people have long had a raw deal in the labour market.

 

Two things make the problem more pressing now. The financial crisis and its aftermath had an unusually big effect on them. Many employers sack the newest hires first, so a recession raises youth joblessness disproportionately. The number of young people out of work in the OECD is almost a third higher than in 2007. Second, the emerging economies that have the largest and fastest-growing populations of young people also have the worst-run labour markets.

Why is this so important? A number of studies have found that people who begin their careers without work are likely to have lower wages and greater odds of future joblessness than those who don’t. A wage penalty of up to 20%, lasting for around 20 years, is common. The scarring seems to worsen fast with the length of joblessness and is handed down to the next generation, too - leading to a vicious cycle that weighs on growth dramatically.

Countries with the lowest youth jobless rates have a close relationship between education and work. Germany has a long tradition of high-quality vocational education and apprenticeships, which in recent years have helped it reduce youth unemployment despite only modest growth. Countries with high youth unemployment are short of such links.

Companies used to try to bridge that gap themselves by investing in training; today they do so less.

Mismatch and training gaps may explain why over the past five years youth unemployment in flexible economies like America and Britain has risen more than in previous recessions and stayed high.

It is hard to be optimistic about a problem that is blighting the lives of so many people.

 

With a stunning 71% now expecting to work in their 'retirement'...

It would seem the opportunity for the jobs and wealth transfer to the younger generation is being blocked by a generation hamstrung by an increasingly repressive Federal Reserve.

 


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Tue, 05/07/2013 - 18:45 | Link to Comment LetThemEatRand
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Not good to be old or young, or middle-aged, in today's global economy.  

Tue, 05/07/2013 - 18:56 | Link to Comment McMolotov
McMolotov's picture

Those charts absolutely reek of peace, stability, and good times to come...

Tue, 05/07/2013 - 19:14 | Link to Comment HeavyShadow
HeavyShadow's picture

Yes. good invetsments for the young would include:

  • personal firearms
  • firearms training
  • developing skills for an agrarian lifestyle
  • horticulture training
  • bush skills
  • martial arts
  • training in the farming and slaughter of livestock
  • Steam Engines 1.01

Dark ages are upon us and time waits for no man... Everyone for themselves...

 

Tue, 05/07/2013 - 19:16 | Link to Comment LetThemEatRand
LetThemEatRand's picture

By "bush skills" do you mean being born as a Bush or as a Busch?  Either skill results in exceptionally good pay and a guaranteed retirement of ease, as I understand it.

Tue, 05/07/2013 - 19:18 | Link to Comment McMolotov
McMolotov's picture

I've got mad bush skills, or so the ladies tell me.

Tue, 05/07/2013 - 19:28 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Fishing skills.  Good addition.

Tue, 05/07/2013 - 19:36 | Link to Comment Precious
Precious's picture
"Neither Working Nor Studying"

... but they are really good at World of Warcraft and texting.

Tue, 05/07/2013 - 19:47 | Link to Comment LetThemEatRand
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"good at World of Warcraft and [se]xting."

So the youth will be good politicians.

Tue, 05/07/2013 - 20:10 | Link to Comment krispkritter
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As far as I can tell, the 'yutes' of today are too busy filming themselves jumping off garage roofs onto plastic tables lined with flourescent tubes, getting concussions skateboarding off50 foot high concrete stairs, or tossing themselves off bridges using static lines, incorrectly I might add.  Bullish for ER's and insurance company premiums...

Tue, 05/07/2013 - 20:18 | Link to Comment AssFire
AssFire's picture

Given ribbons and trophies just  for participation, these kids think they are the shit... Confidence, no they do NOT lack that...

In fact they are both the stupidest and most overconfident generation ever. I pity my children in college on scholastic scholarships that they must take care of not just their own children, but the nation's idiot children who never grew up and their (usually illegitimate) children as well.

The removal of Darwin's Laws has created shit.

Tue, 05/07/2013 - 20:20 | Link to Comment Yen Cross
Yen Cross's picture

   Legendary in their own minds.

  *not all of them

Tue, 05/07/2013 - 21:40 | Link to Comment Manthong
Manthong's picture

Sweat copper, weld steel, join wood, bend EMT, know E,I and R..  stack silver..

Trade paper.. not so much

Tue, 05/07/2013 - 22:15 | Link to Comment markmotive
markmotive's picture

If it's any consolation, Pabst Blue Ribbon sales are going through the roof!

http://www.planbeconomics.com/2013/05/20-main-street-recession-indicators.html

Tue, 05/07/2013 - 22:30 | Link to Comment LetThemEatRand
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They didn't get the blue ribbon for nothin.

Tue, 05/07/2013 - 23:15 | Link to Comment Raymond K Hessel
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"Employers sack the new hires first"

a) If you say sack when you mean fired, you're probably European.

b) In 'Merica, we fire the more expensive older workers first and hire younger cheaper labor.

 

 

Tue, 05/07/2013 - 21:41 | Link to Comment Bring the Gold
Bring the Gold's picture

You know...the WW II generation said much the same thing about the boomers when they were young. Of course, unlike the back pating jackasses in this thread, the WW II generation actually you know SAVED THE WORLD.

 

This is in stark contrast to generation fleece (1946 to 1964). Instead of saving the world, the boomers fleeced the fuck out of it by living in the wealthiest country in the world during the single easiest time in human history to make money doing NOTHING but being born. They then sold out offshored and raped the fuck out of everything they claimed to believe in back in their hey day.

 

Unless you are an ass busting Generation Xer (OH yes the boomers talked shit about us too but we are the most productive generation EVER) you should really shut the fuck up. if you want to see who ruined this country take a long hard look at the wrinkled dude in the mirror.

 

http://www.dailymail.co.uk/news/article-2055497/JEREMY-PAXMAN-Baby-Boomers-selfish-generation-history.html

Tue, 05/07/2013 - 21:45 | Link to Comment Bring the Gold
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The truth hurts eh downvoter(s)?

Tue, 05/07/2013 - 21:58 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Didn't downvote you, but generalize much?  Funny how humans are tribal even about generations.   

Tue, 05/07/2013 - 22:17 | Link to Comment Harbanger
Harbanger's picture

He's not blaming the entire generation, he's blaming the hippies. :) 

Tue, 05/07/2013 - 22:19 | Link to Comment LetThemEatRand
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Are you a cartoon in real life?

Tue, 05/07/2013 - 23:18 | Link to Comment Raymond K Hessel
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BTG, I've been saying this for ten years!

 

I like that Generation Fleece!!  Boomer was always too self-congratulatory...ha!  just like they're whole fucking generation!!!

Tue, 05/07/2013 - 22:10 | Link to Comment EINSILVERGUY
EINSILVERGUY's picture

I rember when I was young and thought I knew everything.  I was born in 1962 asswipe and you don't shit about me and what I have done in my life.  You want to indict specific people for specific crimes or abuse of the system fine, but your generalizations smack of know it all nothing

Tue, 05/07/2013 - 23:47 | Link to Comment Bring the Gold
Bring the Gold's picture

I don't know you and maybe you AREN'T like the majority of that generation. *IF* you are the exception to the rule then BRAVO. You are a bright light amongst a sky blackening plague of locusts.

 

I was replying to someone who was denigrating the most fucked over generation in the history of the post industrial United States. That is to say the millenials and those who come after.

 

I'm a Gen-Xer myself and count myself lucky - and it IS LUCK - that I was born RIGHT before the door slammed shut. As it is I will never enjoy the wealth my parents had. I work hard, pay taxes (Which sucks) and raise a child. I have a college degree and work to provide for mine and vote and act in ways to support those who will come after me.

You know what is different about your generation and the three prior to it? The three prior generations all replied to the question "what do you intend to leave for you children?" by saying "As much as I can, my legacy is important to me." You know what boomers roundly poll as saying? "I plan on spending it all before I die."

FUCKING AMAZING! 

 

It was the disenfranchised youngsters that all these asshats were mocking as they sit there counting their fortunes and laughing at those who have less when they never had a chance in the first place due to an economy gutted by your generation. My mother is also of your generation and is one of the hardest working most ethical women I've ever met. I should have been more specific baby boomer MEN and even that isn't fair as some of you were quite awesome and did a lot for people.

 

Speaking as a generation? Pretty much a swarm of locusts. Of course it was a broad sweeping generalization it was in response to some smug motherfucker up above complaining that the disenfranchised youth dared to be enjoying the one thing they can do which is have fun and fuck. When you are unemployed and the future looks like a nightmare and you are young what else are you going to do? Most young people I know would damn near kill for a job. They aren't lazy they have NO JOBS TO WORK AT. It's like mocking a cripple for his inability to stop LeBron James in the low post. STFU and get out.

 

Wed, 05/08/2013 - 02:16 | Link to Comment Hengist
Hengist's picture

As a Gen X-er having been married to a Baby Boomer myself the women can be just as evil but that's probably me being biased.  The trouble with the boomers is that they are not one generation but two lumped together how can someone born in 1964 have anything in common with someone born in 1946.  The ones born after the war became the hippies the ones born in the 60's were still playing with toys.

Wed, 05/08/2013 - 09:48 | Link to Comment YC2
YC2's picture

My boomer mother leached off her parents her whole life, hardly working. When times got hard she stole her kids college accounts that her parents set aside for us. Then she told us to take out loans because she would pay us back when she got her inheritance. Then when times got hard she took the money that we borrowed right out of our accounts. Now my grandparents have been in the ground for a few years, the stock market is at all time highs, I've been paying on 50k of debt, which I would not have taken out without her assurances, for 8 years, and I haven't seen a dime of what i was promised and I'm completely screwed for having trusted my boomer parents . It's like they assumed that my parents would make everything ok like their parents did for them, without taking into account that THEY were the parents now and they are deadbeats.

So yeah, fuck that whole generation and if you think it's unfair that I generalize then fuck you.

Tue, 05/07/2013 - 22:08 | Link to Comment Harbanger
Harbanger's picture

Much of it is the result of political correctness in the 90's and the changing values. Add a little medication for the smart kids that wouldn't get in line and you have a large percentage of perfectly maliable numbskulls. In reality it's not their fault, it's that the system is not interested in producing critical thinkers, it's interested in more sheep.

Tue, 05/07/2013 - 22:17 | Link to Comment LetThemEatRand
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Right, because in the '40's and 50's they were cranking out the free thinkers.  I pledge allegiance....

Tue, 05/07/2013 - 22:22 | Link to Comment Harbanger
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 If grandpa only knew that in the '40's and 50's they were cranking out the radicals. 

Tue, 05/07/2013 - 22:28 | Link to Comment LetThemEatRand
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Free radicals?  Must've been nice to be free but pledge allegiance....  As a child.  Say it with me freedom fries.  I pledge allegiance, to the flag, ....

Tue, 05/07/2013 - 22:41 | Link to Comment Harbanger
Harbanger's picture

The only hope for the future of our children is to get them out of that god forsaken public school system the liberals and democrats created.  Say it with me socialists suck.

Tue, 05/07/2013 - 22:44 | Link to Comment LetThemEatRand
LetThemEatRand's picture

So you went to private school?  

Wed, 05/08/2013 - 11:03 | Link to Comment Freddie
Freddie's picture

The youth in America are becoming more feral by the day.  Hope & Change.

Tue, 05/07/2013 - 22:48 | Link to Comment mattgallis
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Sounds like your youth sucked a big one

Tue, 05/07/2013 - 19:32 | Link to Comment Popo
Popo's picture

Yeah, well tell your hairy friends to enter the 21st century and trim that shit.

Tue, 05/07/2013 - 20:12 | Link to Comment Yen Cross
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    Do you have a "Death Wish"? Drug-Resistant Gonorrhea, the ‘Sex Superbug,’ Is Not Worse Than AIDS - The Daily Beast

   I like my hedges trimmed, but it's not worth dying for!

Tue, 05/07/2013 - 20:44 | Link to Comment Yen Cross
Yen Cross's picture

  All your daughters are belong to us.

Tue, 05/07/2013 - 19:27 | Link to Comment otto skorzeny
otto skorzeny's picture

You gals could join the military-if you don't mind be raped. 

Tue, 05/07/2013 - 19:30 | Link to Comment HeavyShadow
HeavyShadow's picture

Yeah, you're right, starting or joining a local militia should be in there at some point I guess. But i think bringing some skills to the table is not a bad idea. Should keep the daggers at bay in a nuclear winter.

Tue, 05/07/2013 - 19:51 | Link to Comment Sam Clemons
Sam Clemons's picture

Isn't that part of the plan? Looks like everything is going according to plan. 

Tue, 05/07/2013 - 20:01 | Link to Comment Son of Loki
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America's richest counties

 


By Tom Van Riper of Forbes

In the age of the government-industrial complex, life is good in suburban Washington, D.C. The area accounts for six of the 10 wealthiest counties in the U.S., according median-household-income data from the Census Bureau's Small Area Income and Poverty Estimates from 2011.

 

 

http://realestate.msn.com/americas-richest-counties-in-2013

Tue, 05/07/2013 - 19:21 | Link to Comment Rainman
Rainman's picture

You forgot to list that pesky ' involuntary servitude ' to the Army that's popped up every so often for centuries.

Tue, 05/07/2013 - 20:42 | Link to Comment krispkritter
krispkritter's picture

For some, the reality is flying drones for TPTB, .GOV, etc.

 

Drone Age: US kids allured by UAVs, college courses in demand

 

http://www.youtube.com/watch?v=jDpEb0duITw

 

Welcome to Drone (yo)U...

Tue, 05/07/2013 - 22:51 | Link to Comment Groundhog Day
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I'm waiting for the Bernanke speech on how it's all the old people's fault for not retiring causing all the harm to the youth.

Tue, 05/07/2013 - 21:11 | Link to Comment SAT 800
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The basic reason Europe made progress, or invented progress, really, which was a new concept at the time; was the Black Plague; which didn't just kill off one generation, which is not good enough; it kept on killing for hundreds of years. Isaac Newton was forced to retire to his mothers farmhouse in 16xx to excape a resurgance of the plague two hundred years after the first great dying off. This lack of population caused people to be valuable; basic supply and demand. they could get paid in money wages, instead of just food. It made productivity and invention economically important and caused the entire revolution of the technological/industrial age. China had plenty of people; people were cheap; so why bother? Africa had plenty of pleople; so why bother? At the present; it's impossible to maintain a national economy significantly more prosperous than the nations with wall to wall shoulder to shoulder population. After the great dying off there will be opportunity for those who have real money and real, (geneticially determined) IQ's, and real ambition. Once again, Darwin will triumph. It's important now for those in a position to create a family dynasty to choose the right landmass in which to sit out the great dying off. Growth is over; there will be no growth. We're just in the initial stages of the great crash caused by the dream of printed currency; hedge accordingly.

Tue, 05/07/2013 - 19:05 | Link to Comment freedogger
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Yep, and the robots haven't even had their turn yet.

Tue, 05/07/2013 - 19:08 | Link to Comment Buckaroo Banzai
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"neither working nor studying."

Sounds like my college years.

Tue, 05/07/2013 - 19:56 | Link to Comment HardAssets
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Well several of my young relatives are freshmen in various colleges. None of them are learning anything worth a damn . . . so its pretty much like the rest of their public 'schooling' experience.

For most of them, its a place to party, fill their heads with meaningless drivel, and waste precious resources that their families will need in the future. They will probably end up as waitresses or bartenders after getting their degrees.

Tue, 05/07/2013 - 19:18 | Link to Comment Spigot
Spigot's picture

Hopefully it is dawning on more and more people (and hopefully the young) that being "jobless" may be a blessing in disguise. If you can't GET a job, THEN you can MAKE a job (for yourself). Its called being a start up. I'm serious. "JOBS" are dead ends. Your guts and energy become someone elses profit. The residuals of your labor and thinking (IE - real, enduring wealth) accrew to the benefit of others. Being a startup, independent business, business owner, etc means that ALL of your labor and thinking DIRECTLY is to your benefit. If I work for my own needs, supplying them via my own effort, I am MUCH better off.

For instance: if I "work" for someone and get 100 units of currency, but have to give up 50 units to taxes and insurance, I get only HALF the benefit as a wage. I take my 50 units of currency into the market place. The people I buy from have exactly the same problem, they have to charge DOUBLE in order to afford to get their 50 units of currency out of 100. Hence my 50 units of currency end up only getting me 25 units or real goods/services due to this endemic parasitic bleeding.

But if I work for myself I getting 100 units worth of goods and services, or 400% more than what I was getting before in terms of value. A person "subsisting" on their own labor, being "jobless" can (theoreticly) be 400% MORE PROSPEROUS than a person with a "job". You do not pay taxes on things you do for yourself.

Tue, 05/07/2013 - 19:30 | Link to Comment Cobra
Cobra's picture

The problem with that is the lack of skill the kids have these days. They don't know anything about skilled trade, or business for that matter. They can play the fuck out of a video game, though! Seriously, half of these kids can barely read or do simple math thanks to "no child left behind." They just get thrusted through school...

Tue, 05/07/2013 - 19:41 | Link to Comment optionsman
optionsman's picture

+1

some of those kids have impressive qualifications on paper. a lot of them are professional test-takers. this kind of knowledge is not useful in a competitive economy. however the bigger problem is global glut of capacity for anything. in a situation like that demand for questionably qualified young adults should drop off. but then the young will be supported by their families who will either reduce savings or divest as long as they have to support their young.

Tue, 05/07/2013 - 19:49 | Link to Comment Cobra
Cobra's picture

So that's the end... We go from taking care of our baby boomer parents (Gen X), to having kids that don't prosper, and taking care of them, too!
Fan - Fucking - Tastic...

Tue, 05/07/2013 - 22:25 | Link to Comment pelican
pelican's picture

You summed it up perfectly.  We are the fucked generation and the baby boomers are laughing all the way to the grave.

Wed, 05/08/2013 - 02:06 | Link to Comment Hengist
Hengist's picture

Not when the government steals their pensions and savings they won't be.

Tue, 05/07/2013 - 20:14 | Link to Comment HardAssets
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For those who haven't already done so, check out the writings of John Taylor Gatto. He was former NY State and NYC Teacher of the Year for several years running. He left the field because he was tired of harming kids in the public school system. The purpose of that system is to turn kids into drones who are easilly controlled, the assembly line workers for the new industrial age that dawned in the 20th Century. This kind of 'schooling' kills true individuality and curiosity. Kids go through the rat maze of the hallways at the sound of the bell . . . just like trained rodents.

I've been around good kids who were considered (by their GPA) to be good students in highly rated public schools. I was apalled at their low level of writing skills and their lack of the capacity to think logically. Some of the worst are the straight A students  - - many of them are very good at doing what they need to get a high GPA, but never had an original thought in their lives.

None of this is the kids fault. Read Gatto and you'll see that the public mandatory schools have purposely been dumbing down the population since at least as far back as the 1890s.

Tue, 05/07/2013 - 20:37 | Link to Comment white_guy
white_guy's picture

i understand your general concern here, a lot of public school is just rote memorization. but don't automatically equate straight A students with being drones that can't think.  especially if they're in engineering or physics or something of that ilk.

Tue, 05/07/2013 - 20:57 | Link to Comment HardAssets
HardAssets's picture

Technical fields use the scientific method so require better problem solving skills. They also offer (potentially) better opportunities for making a living than many other academic programs.

The problem with such technical fields is that the training is very narrowly focused. They are specialists and often know very little about the broader world. They often scoff at the 'liberal arts' and that is justified by the way those liberal arts are presented as a pile of unrelated topics today. But the true liberal arts as classically taught over the centuries, involved building skills in analysis, problem solving, and communication to others that extends across all areas of human thought. Liberal arts are not taught this way today, for the most part, - except in private boarding schools where the children of the very wealthy & elite attend.  (Andover, Groton, etc)

Starting around the late 1890s - early 1900s mandatory public 'education' was a means to control the future populace and to make them into obedient factory workers or soldiers. Upper level training was used to produce the technicians and middle management needed in society such as doctors, lawyers, engineers, managers, etc

All of these people were taught to never question the basic premises of their fields or that of the society in which they live.

Of course, there are some rebels and original thinkers.  They are the exception.

 

Tue, 05/07/2013 - 21:27 | Link to Comment cynicalskeptic
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Starting out with the the top 10-15% oin household income, the BEST of them - 15% of THAT very small subgroup,  those who start out with real advantages, attending good schools (and a MUCH smaller percentage of the less affluent) - the VERY brightest, are exceptional.    They have brains AND access to more knowledge and information - exposure to a far wider view of the world - than anyone before them.  These kids may very well grow up to save the world (and God knows, the world needs saving).  They are acutely aware of the advantages they have and possess a social conscience.

 BUT the rest - from my perspective in affluent subirbia.... the REST are 'dusappointing'.       The 'bottom 15%' are lost despite starting our with every advantage.  They don't care and are adrift.  Their parents get involved only enough to bail them out of trouble and get them through school maybe but otherwise.... This bottom percentage is far higher in less 'advantaged' areas - up to 50 or even 75% of the total.  Many are lost to drugs or end up in trouble early.  The learn little and care about little.  For the disadvantaged, even those that TRY to overcome all the best they may find is a careein the military getting them out of the mess that surrounds them.  The factory and semi-skilled jobs they might have goten in thepast, jobs that allowed them amiddle class life - are GONE.  They will be lucky to find minimum wage spots selling junk made elsewhere.

The middle 70% of the best off try to varying degrees.  They go to a variety of colleges.  Their parents connections may get them a job of some kind - some will do well through ocnnections and some skill, others will fall back on the scheming they see all around them.  Many are self centered - mirroring their parents.  They may or may not be aware of life outside their very small bubble.

 

History has shown tht a large number of unemployed youth, angry with circumstances they have no control over,  eventually act out - or are 'put to work' against others to keep them from rising against their own leaders.'

Expect one hell of a 'diversion' - a very messy and long war over resources.   BTW - China is in far worse shape in the sense that you have a generation of males for whom there are nowhere near enough females...... 

Tue, 05/07/2013 - 22:23 | Link to Comment Ban KKiller
Ban KKiller's picture

Also...doesn't this speak to the growth of the "black market", unreported people, who work? Off the books work is exploding...not much money but lots of choice. Black market is a majority in 2020. But you know that.

Tue, 05/07/2013 - 22:23 | Link to Comment Ban KKiller
Ban KKiller's picture

Also...doesn't this speak to the growth of the "black market", unreported people, who work? Off the books work is exploding...not much money but lots of choice. Black market is a majority in 2020. But you know that.

Tue, 05/07/2013 - 22:26 | Link to Comment Ban KKiller
Ban KKiller's picture

Also...doesn't this speak to the growth of the "black market", unreported people, who work? Off the books work is exploding...not much money but lots of choice. Black market is a majority in 2020. But you know that. Fat thumbs.

Tue, 05/07/2013 - 21:19 | Link to Comment SAT 800
SAT 800's picture

Yes; automatically include them in the category drone. If they didn't master Euclidean Geometry; and none of them did; they do not know how to think; or how to create a solution to a problem. I have met and spoken to A students ready to graduate from public high school who can't do subtraction in their head. Subtraction; not long division. When asked what he thought of Euclid; a student presented to me as very promising in math, especially in Geometry, replied, "what's a Euclid". I wish I was making this up. I am not. When told who Euclid was, rather than what he was; he replied, "we don't study that old stuff". All human beings imagine that they know how to think; they do not. It is a learned skill; like carpentry. If you imagine there is any hope, you are deluding yourself. Empires and their over-priveleged citizens come and go; this one came; and it;s going.

Tue, 05/07/2013 - 22:21 | Link to Comment HardAssets
HardAssets's picture

SAT 800 - of course, the young man who hadnt heard of Euclid wasnt at fault. Its obvious that he hadn't been taught to think or to recognize logical fallacies including the Appeal to Novelty, also known as the Appeal to the New ('newer is better')

People don't recognize their own blind spots until something hits them hard and forces them to re-examine their assumptions and world view.  IMO a lot of people are going to experience that re-examination in the coming years.

As for the fall of the empire, I am all for it.  Quite a few of the American founders warned against creating an empire.

Wed, 05/08/2013 - 07:14 | Link to Comment hedge your future
hedge your future's picture

I love how here everyone thinks pointless, minor decisions will affect the world somehow. "Abolish the Fed", "Jail Wallstreet", etc. No. I think it's here where everyone is wrong. Say you abolish the Fed. Do you actually think the greater minds who govern this world will stay with their hands in the pockets and do nothing? Of course not! They will invent something else to steal money from you. This time around maybe something even more covert, something invisible to the naked eye. (Personal note: I wonder why they didn't abolish the Fed yet to make you sheeple happy, when they could easily re-create something else without you even noticing and having something to complain about). 

The goal is not to change a factual situation, but rather to change the mentality. You don't treat the effect, you treat the cause. It's pointless to teach someone not to do something if you don't teach him why not to do that as well. Unfortunately, the educational system is made in such a way that the status quo mentality is maintained and protected at all costs. I am a college student in Europe and I look at my colleagues: most of them are brilliant by today's standards (maximum grades, internships, etc), but not to me. If you ask them to debate a simple contemporary issue, most of them are too dumb to even understand what they're talking about with the few others disappointingly preferring to defend the status quo.

It's here the issue lies. Not in the Fed. Not in the President. Not in Wallstreet. Of course, they might have been the originators of the issue we have in the first place. But unless you radically change society (and here I mean a total mental revolution by scattering the very grounds of EVERYTHING (again, EVERYTHING) you know, including very controversial topics you've never had the courage to challenge), then I'm afraid every little attempt for a change is doomed to fail. My personal opinion? This is a task hardly accomplished in one generation. It would take at least one-two hundred years to radically change the opinion of people, to teach them HOW to think and not WHAT to think. 

As Kevin Smith said, “Controversial as we all know, is often a euphemism for 'interesting and intelligent'.” 

Tue, 05/07/2013 - 20:56 | Link to Comment Spigot
Spigot's picture

The biggest impediment is a free lunch, IE - being supported. Because people are basicly interested in doing as little as possible to get by. Take away the "support" and you will have some very creative thinking going on in about 30 minutes. Either that or an empty stomach. This also propels one to read, learn research, etc. At a certain point people who have to support themselves via their own efforts will eventually figure out how to get more by thinking more. Not everyone will do well in this kind of situation, but most will do well enough, and stars will be born.

Tue, 05/07/2013 - 22:27 | Link to Comment pelican
pelican's picture

I often wonder what the point of learning skills are today.  American kids have to pay for their educations and become majorly indebit, only to have 3rd world workers imported. These workers often had free or low cost educations.

 

America fucked itself.  Words of wisdom to the young kids... Don't have kids.

 

 

Tue, 05/07/2013 - 23:05 | Link to Comment Groundhog Day
Groundhog Day's picture

I was on line in a store waiting to pay for some items, the person in front of me knew the cashier and asked how community college was going, she said great.  When it was my turn to pay, the bill came out to be 15.63.  I gave her a 20 and proceeded to  give me my change, when i found .63  cents in my pocket. I gave it to her and she stared at me with a dumbfounded look for about 10 long seconds and finally said "you want me to do math".  I said just give 5 dollars back, but what i wanted to say is its not math its arithmetic to stupid idiot.  These kids are doomed.

Wed, 05/08/2013 - 09:11 | Link to Comment RKDS
RKDS's picture

No, the difficulty is lack of capital.  Banks don't lend to anybody but house flippers.  Fuck you if you need $20K to start a business.

Tue, 05/07/2013 - 20:17 | Link to Comment CheapBastard
CheapBastard's picture

<<people who begin their careers without work are likely to have lower wages and greater odds of future joblessness than those who don’t. A wage penalty of up to 20%, lasting for around 20 years, is common.>>

 

This expalins why if they did not hand out zero down, never-pay-back mortgage loans the housing market would be dead. How many people now pay anything down? Except for Wall Street buying with cashola...and a handful of foreigners sneaking in their hot money from abroad, extremely few Americans pay more then 3.5% down nowadays......and go underwater immediately  since it costs at least 8-10% (in realtor commissions and fees) to sell the house when they lose their job or need a transfer. My sister works for a builder and sees both Yutes as well as middle gae people come in and have a hard time even writing a check for $500 bucks to hold the house ...they are afraid it will bounce?! It's a real mess.

 

No end in sight right now.

Tue, 05/07/2013 - 18:47 | Link to Comment Widowmaker
Widowmaker's picture

Youth is a term of endearment. 

The "youth" have been monetized and commoditized. 

"Youth" ain't got a fucking future, nor prayer.

Grind them up and feed them to dogs of false wars to die for the 1%.

Tue, 05/07/2013 - 18:48 | Link to Comment lolmao500
lolmao500's picture

"Youth" ain't got a fucking future, nor prayer.

Thanks to babyboomers and their brainwashing.

Grind them up and send them to die for the rich.

What about sending them to die AGAINST the rich?

Tue, 05/07/2013 - 19:03 | Link to Comment max2205
max2205's picture

If they each kill 2 people there wont be a problem

Tue, 05/07/2013 - 19:08 | Link to Comment Rainman
Rainman's picture

...actually, it was the Revolutionary war guys who started the USA military brain manipulation...boomers became belligerent students of several generations of war 'professionals' ...until they too caved into a system of false flags for profit. Sorry...that's just the way it is.

Tue, 05/07/2013 - 19:17 | Link to Comment booboo
booboo's picture

Yea, "sending to die against the rich" Step right up fearless, you are no better then the rentiers in sending our youth to die against the brown folk. How about you go whack a couple blue hairs at the 19th hole at the local club, that will fix it or not.

Tue, 05/07/2013 - 18:52 | Link to Comment MachoMan
MachoMan's picture

Exactly.  You think that your beasts of burden are going to pull that plow when we're under mountains of debt, have to pay for babyboomers retirements (knowing full well we'll never get to partake in retirement), have a regulatory and political environment that punishes productivity, threatened to be shipped off to war (daily), and even if we are successful, we're just going to be duking it out over whatever scraps the 1% wants to throw us?  Fuck off.

Tue, 05/07/2013 - 20:24 | Link to Comment HardAssets
HardAssets's picture

Divide & Conquer is a very old game.

Race against race. Age group against age group. 'Left' against "right'.  Religious group against religious group.  Gender against gender.   etc, etc, etc

They all get caught up in that game while never seeing who is pulling their strings. They fight for the table scraps that are left over . . . while never recognizing that they have all been robbed of their earnings and personal wealth by those who own the financial system and use it to contol the political system.

If you hadn't lost more than 95% of your earnings due to a century of inflation. If you hadnt had your earnings and wealth also stolen by taxes and debt . . . . you wouldnt be so easily divided from those of your fellow human beings trapped in the same system. And you wouldnt be so easily diverted and conquered.

Tue, 05/07/2013 - 18:56 | Link to Comment Shizzmoney
Shizzmoney's picture

When this Jobless/Studyless Young number hits 40%...........Houston ain't the only fucking city that's gonna have a problem.

Tue, 05/07/2013 - 18:46 | Link to Comment lolmao500
lolmao500's picture

Good. Maybe they'll make up a plan to overthrow the dictators running this world. 290 millions pissed off young people with nothing to lose can't be stopped by anything.

Tue, 05/07/2013 - 18:49 | Link to Comment LetThemEatRand
LetThemEatRand's picture

What they should do is occupy Wallstreet or something like that.  That would really get the attention of TPTB, and the population at large most certainly would not say "get a job lazy asshole!" as they pass by on their way to the SS disability office to put in their claims.

Tue, 05/07/2013 - 18:53 | Link to Comment vulcanraven
vulcanraven's picture

^ This

lol

Tue, 05/07/2013 - 18:55 | Link to Comment Shizzmoney
Shizzmoney's picture

LOL LetThemEatRand

The DOW is up 3500+ points since Occupy Wall Street.

So, um, who won????

Tue, 05/07/2013 - 19:20 | Link to Comment otto skorzeny
otto skorzeny's picture

Jewish bankers and their bitches in DC?

Tue, 05/07/2013 - 20:02 | Link to Comment kito
kito's picture

otto do you have a problem with corrupt non jewish bankers as well??? if so you should specify for us.................

Tue, 05/07/2013 - 20:34 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Come on, kito.  Everyone knows that ALL bankers are jewish, and all jews are bankers*.  Get with the program.

 

*except Jesus.

Tue, 05/07/2013 - 22:49 | Link to Comment chindit13
chindit13's picture

Absolutely.  Like Anshu Jain at DB, Brady Dugan at CS, Bob Diamond formerly of Barclays during the height of LIeBOR, Brian Moynihan of BAC, who replaced Ken Lewis, Kerry Killinger of WaMu, Jay Hooley of State Street Bank, Dancin' Chuck Prince-Vikram Pandit-Mike Corbat of Citi, John Mack of Morgan Stanley (during the crisis start), Stan O'Neal of Merrill Lynch (during the crisis start), Angelo Mozilo, former GS Co-Chair Jon "MF'er" Corzine.  All these guys just pretending to be Indian, Lebanese, black, Italian...and all those damn fake Irish Catholics.  And they always take care of their own, too, with the help of Tim Geithner and Hank Paulson.  I guess they just got confused and thought Jimmy Cayne really was Irish Catholic and Dick Fuld German Lutheran, which is why they let those two go down in flames.

Tue, 05/07/2013 - 22:54 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Warren Buffett.

George Bush I.

George Bush II.

Ronald Reagan.

Dick Cheney.

None are Jews.  

Wed, 05/08/2013 - 08:48 | Link to Comment Shizzmoney
Shizzmoney's picture

None are Jews. 

Christians are kind of Jews; sort of like how Puertoricans are kind of Spanish.

Tue, 05/07/2013 - 19:02 | Link to Comment Yen Cross
Yen Cross's picture

    Good points LTER. Most of todays youth are taught to be mindless entitled BORG. Men with ideas are medicated, and young women think they were men in their previous lives.

Tue, 05/07/2013 - 19:06 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Been goin' on for a while.  Oh Lord, won't you buy me, a Mercedes Benz.

Tue, 05/07/2013 - 19:20 | Link to Comment Yen Cross
Yen Cross's picture

   I really started to notice the shift back in the mid 90's. About 20 years ago.

Tue, 05/07/2013 - 23:24 | Link to Comment JLee2027
JLee2027's picture

Too many women in the workforce is the problem. Sorry ladies, but that is true. You'll be returning to traditional roles once the economy corrects.

young women think they were men in their previous lives.

 

Tue, 05/07/2013 - 19:09 | Link to Comment fonzannoon
fonzannoon's picture

Nobody is overthrowing anything. I have cousins in their 20's. Both live at home. My aunt does their laundry, cooks their meals. Drives them around. They love it. My aunt get's to live the dream of having her kids never leave the nest. My Uncle threw in the towel and just works harder knowing this is never going to end.

But....and this is a big but....if they are good....tomorrow they get chocolate chip pancakes!

These are the people we think will revolt?

Tue, 05/07/2013 - 19:21 | Link to Comment HeavyShadow
HeavyShadow's picture

Michael Douglas stars as all-american Uncle Joe in the this years sleeper hit, Falling Down.

Tue, 05/07/2013 - 19:26 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"I'm sorry, we stopped serving breakfast, but we are on lunch menu now."  -Ben Bernanke (paraphrasing).

Tue, 05/07/2013 - 19:36 | Link to Comment Tango in the Blight
Tango in the Blight's picture

One of my favorite movies ever.

I AM NOT ECONOMICALLY VIABLE!

 

Tue, 05/07/2013 - 20:09 | Link to Comment HeavyShadow
HeavyShadow's picture

Uncle Joe: I helped build missiles. I helped protect this country. You should be rewarded for that. But instead they give it to the failed hedge fund managers, you know they lied to me.

Seargeant Prendergast:Is that what this is about? Is that why my chicken dinner is drying out in the oven? You're mad because they lied to you? Listen, pal, they lie to everyone. They lie to the fish. But that doesn't give you any special right to do what you did today.

Tue, 05/07/2013 - 20:33 | Link to Comment NoDebt
NoDebt's picture

Great movie.  Best line:  "I'm the bad guy?"  You can almost see his brain implode as he says that.

Tue, 05/07/2013 - 19:25 | Link to Comment McMolotov
McMolotov's picture

I have three kids, and I really do love them to death, but I've already informed them that 18 is kind of like the expiration date for kids staying at home.

And just like the expiration date on a milk carton, I might risk letting them hang around a little after that date, but eventually they'll stink up the place and get tossed.

Tue, 05/07/2013 - 19:31 | Link to Comment otto skorzeny
otto skorzeny's picture

If my kids are working and saving money or attending a local college I won't mind them sticking around-smoking dope and playing X-box all day and they're gone.

Tue, 05/07/2013 - 20:13 | Link to Comment darteaus
darteaus's picture

My kid called from college after the first week and told me he was coming home.

I told him he could do what he wanted since he was 19, so he could come home.  He wouldn't be able to get in the house though.

-- True story, BTW.  Tough love is the only love that works.

Tue, 05/07/2013 - 19:43 | Link to Comment Cobra
Cobra's picture

+1! And they probably can't make their own pancakes, even if the 'just add water' Bisquick (TM) and the chocolate chips were on the counter! Not good...

Tue, 05/07/2013 - 19:48 | Link to Comment FoeHammer
FoeHammer's picture

The odds don't look good for your cousins but there still is the chance that they do wake up, repudiate their ways and move towards a more self sufficient and sustainable path. I wish them luck.

I'm attaching a Ron Paul lecture from Oberlin College in hopes of raising your(everyones') spirits.

https://www.youtube.com/watch?v=W5K_IZTSwHU The action starts at 6:50.

 

Libertarianism will hopefully enjoy support from mainstream party defectors who are sick of the status quo. I don't know what the 'wake-up' growth rate is, but i'm thinking we'll see it go exponential with the next Lehman event.

 

 

Tue, 05/07/2013 - 19:50 | Link to Comment noless
noless's picture

Not everyone in my generation is that much of a bitch. But yeah, it's pretty common I'm guessing.

Tue, 05/07/2013 - 20:03 | Link to Comment kito
kito's picture

fonz can you repost one more time that non scientific rant on printing by cougar....i want to copy and paste to a friend of mine....................

Tue, 05/07/2013 - 21:23 | Link to Comment fonzannoon
fonzannoon's picture

I found it in the comments section in this article. CougarW wrote it but you can see where I cut and pasted it in my comment. Keep scrolling and you can see our exchange. Funny shit. Memories.....

http://www.zerohedge.com/news/gold-and-silver-levitate-day-printing-nears

Tue, 05/07/2013 - 20:37 | Link to Comment HardAssets
HardAssets's picture

Ron Paul attracted crowds that included a large percentage of young people. People who actually are willing to question the b.s. that theyve been told. So maybe Liberty, Peace and Prosperity actually have a chance. If these people are given the tools of logical thinking and argument, it would be a very powerful force for good. They seem to be less rigid in their thinking than many of their parents, both on the 'left' and 'right'.

Tue, 05/07/2013 - 18:53 | Link to Comment Shizzmoney
Shizzmoney's picture
RE:
Generation J(obless): A Quarter Of The Planet's Youth Is Neither Working Nor Studying

Yeah, because most of them are sitting in a jail cell.

A number of studies have found that people who begin their careers without work are likely to have lower wages and greater odds of future joblessness than those who don’t. A wage penalty of up to 20%, lasting for around 20 years, is common.

Yah guys, that's kind of the plan!

Tue, 05/07/2013 - 18:56 | Link to Comment darteaus
darteaus's picture

Not if you're a neighborhood activist.

Tue, 05/07/2013 - 20:13 | Link to Comment Yen Cross
Yen Cross's picture

   I keep telling you Guys/Gals, that you need to retire after college and get your 'Obunga goodies/entitlements' while they're still available.

    You should wait and join the workforce after "Tewi Fubar", becomes the head of the United Nations. Unemployment will be much lower, and your incomes will have moar purchasing power.

Tue, 05/07/2013 - 18:55 | Link to Comment darteaus
darteaus's picture

Time to start a war.

Tue, 05/07/2013 - 18:57 | Link to Comment Dre4dwolf
Dre4dwolf's picture

Fuck jobs, when everyone is just stealing what they need, stealing becomes a fulltime job, just look at wallstreet its a perfect example !

Tue, 05/07/2013 - 19:17 | Link to Comment Shizzmoney
Shizzmoney's picture

"Looting at the top only begets looting at the bottom" - Max Keiser, said after the London Riots

Tue, 05/07/2013 - 18:57 | Link to Comment Catullus
Catullus's picture

Is this a bad thing?

I know jobs are like a political thing because taxes are based on income. So if people don't have jobs, governments around the world have to figure out a new way to rob people (capital "gains", carbon, VAT).

There's certainly not a lack of things to do in the world. It's not like unemployment has ever been a problem in any other century in history. If I could just sit on my ass all day and still not be for want, I'd do it.

Tue, 05/07/2013 - 19:19 | Link to Comment kaiserhoff
kaiserhoff's picture

First, you need a set of big tits.

Tue, 05/07/2013 - 19:24 | Link to Comment Shizzmoney
Shizzmoney's picture

The problem here is debt. 

People are in debt, and feel it's their "moral obligation" to service said debt.  Add greedy bankers, low paying jobs, and high interest rates for the poor.....and you get an "financial apartheid" situation where one side feel the pressure when the other side is insulated by it.  People feel as if they can never keep up, and now it's not just with the Joneses (in terms of consumer goods, homes, cars, etc).........now it just hard to fucking keep up with the cost of living to SURVIVE.

This pressure then gets handed off on government to do something about it, which leaves them vulnerable to corporate skullduggery (when they already have one finger put the politicians collective assholes'). 

Result? Laws written by criminals, not communities.

Get people out of debt = more jobs.  Get people out of debt = happier people. 

Tue, 05/07/2013 - 20:43 | Link to Comment HeavyShadow
HeavyShadow's picture

Debt is the binder of the masses. And yes, debt does play to the morality inside good people.

But these good people should understand that while there is nothing wrong with an individual developing a house then selling it on, there is something evil about an entire economy geared to flip that house.

All bets are off at that stage...or should be... however, the masses still dont realise how far they were played.

Global debt slavery appears to be hanging on and getting the powers that be from A to B.

I'm not in debt...refused the anchor...so I guess I can't have true empathy for the debt enslaved. So perhaps switching off, checking out and embracing the life of the zombie is a reasonable alternative when the good nature inside a human being has been abused...harnessed...a battery hen.

Tue, 05/07/2013 - 23:06 | Link to Comment HardAssets
HardAssets's picture

The 'debt' is total bullshit.

The banksters loaned people 'money' (actually credit) made up outta thin air - absolute insubstantial nothings.

They then charged you interest on those nothings.

They made bad derivatives bets and are bankrupt, so got their paid off politicians and the central bank which they own to print up more nothings to bail them out. But they put that 'debt' on you the taxpayers. The 'nothings' that they got in the bailouts (and other nothings conjured up from their central bank) have inflated some markets creating a bubble that will burst some day inevitably.

They got their paid off politicians to spend like crazy. The 'debt' on that is also put on you the taxpayer. They use some of the money that they got from you to buy treasury paper for that 'debt', which they get interest from. They get bailed out, are never pursued for their crimes (too big to jail) but had their paid off politicians enact a law that won't let you declare bankruptcy to get out from under credit card debt at 20% + APR rates or student debt. Is there something wrong with this picture ?

Of course they paid off the politicians 100 years ago and their central bank has stolen the value of the American peoples earnings and wealth by over 95% through the mechanism of bankster created long term inflation.

And people actually have been fooled into 'thinking'  they owe to the banksters ?  

The 'debt' is pure bullshit. It is a legalistic deception that turns the American people into slaves.

 

Wed, 05/08/2013 - 02:40 | Link to Comment Cobra
Cobra's picture

+1 - I like your style, man. Just goes to show that the game has been rigged since the beginning. I convinced Ms. Cobra (awhile back) that we need to pay an extra $500 on our principle (mortgage) each month.
She thought I was nuts until I showed her what $1,150 a month x 12 x 30 looks like on a calculator: $414,000... We'll own the place in 7 years, before we're 40, at this rate.

Wed, 05/08/2013 - 08:34 | Link to Comment HeavyShadow
HeavyShadow's picture

Yes, a large percentage of the debt prior to the 2008 crash will be found to be odious debt...if of course it ever sees the light of day in a courtroom.

The only question is, whose regime the odious debt belongs to.

Without prosecutions, gross wrongdoings are unclear.

Shitty little fines are a slap on the wrist, tut tut, naughty naughty.

Only when the people are serving time, proper hard time, can the damage be repaired.

Without boundaries, the sick 1% can colour outside the lines, for fun almost, whenever they want.

Dominoes will fall, but transparent criminal proceedings will be the catalyst for a global reckoning of what is in reality, odious debt.

You are quite right, the debt is bullshit.

Tue, 05/07/2013 - 18:58 | Link to Comment ebworthen
ebworthen's picture

Bullish for real headhunters of corrupt politicians and bankers.

Tue, 05/07/2013 - 19:00 | Link to Comment OptionNinjaNYC
OptionNinjaNYC's picture

The only jobs left in America are Hand-Jobs; with our own Hands... A great self-employment opportunity, I must admit....

http://wallstreetfool.com/2013/05/07/subprime-bubble-2-0/

Tue, 05/07/2013 - 19:04 | Link to Comment Plumplechook
Plumplechook's picture

When wage levels in the developed world fall below those in India, China and Bangladesh the jobs will come flooding back.

Then everybody will understand what their political and corporate controllers mean by a level playing field.

The neo-liberal economic revolution kicked off by Reagan and Thatcher 30 years ago has reached its logical conclusion.  Everything working out exactly as planned.  Welcome to the new age of the robber barrons.  All the wealth being funneled up to the mega-rich elite while vast masses of unemployed and working poor fight for whatever scraps are left over.

 

Tue, 05/07/2013 - 19:33 | Link to Comment otto skorzeny
otto skorzeny's picture

WWII and the fact that the US was the only developed country not devastated really distorted our position in the world and along with it our sense of entitlement- I think those days are coming to an end. The problem is we take by force what we used to do with diplomacy or threat of force- that only creates animosity towards the US.

Tue, 05/07/2013 - 20:06 | Link to Comment spinone
spinone's picture

Agreed - our recent history and normalcy bias is leading to unrealistic expectations.

Tue, 05/07/2013 - 19:27 | Link to Comment lolmao500
lolmao500's picture

Having a job = paying taxes to governments that enslave you

Fuck the system. I only work enough to not pay a single tax.

If everybody did this, this bitch would go down real fast. It would be like a nationwide strike but unlike a strike, people could have an income.

And you say : yeah well they have a consumption tax! Yeah well I very rarely buy stuff and the main stuff I buy is food and that is not taxed.

Tue, 05/07/2013 - 20:00 | Link to Comment optionsman
optionsman's picture

they then would change the tax code to tax property instead of wages

Tue, 05/07/2013 - 20:23 | Link to Comment lolmao500
lolmao500's picture

Move to places where they don't do that... Or rent...

Tue, 05/07/2013 - 19:06 | Link to Comment Element
Element's picture

They're studying social media and computer games!

I jest, but it is a bit better all around than dealing-drugs, stealing cars and setting fires, etc.

It could be worse.

Also, one of the really shitty things about this world as it is, is this sick-fuck idea that everything we do just has to be geared around vocation, and justified in terms of utility to economy, and to career development.

No wonder youth suicide is so fucking high.

Tue, 05/07/2013 - 19:26 | Link to Comment Shizzmoney
Shizzmoney's picture

RE

I jest, but it is a bit better all around than dealing-drugs

What's wrong with selling drugs?  They are at least supporting themselves while creating a market for local communities.........something Jamie Dimon or Lloyd Blankfein will never do.

Tue, 05/07/2013 - 19:34 | Link to Comment Element
Element's picture

Plenty, I've lived beside drug dealers, they were the scum of the earth, and so were the turds that 'visited' them.

Somehow they never quite see it, but everyone else does.

Tue, 05/07/2013 - 23:28 | Link to Comment meizu
meizu's picture

legalize it, then they will become drug entreprenurs, ceos of multibillion dollar drug corporations.

Tue, 05/07/2013 - 19:06 | Link to Comment mofreedom
mofreedom's picture

when i was in school i wasn't being educated, thank you liberal fecal streams, but i was working, thank you capitalism...to think, how much more could i have made if not required to attend the attempted brainwashings.

Tue, 05/07/2013 - 19:17 | Link to Comment Radical Marijuana
Radical Marijuana's picture

"A number of studies have found that people who begin their careers without work are likely to have lower wages and greater odds of future joblessness than those who don’t. ... The scarring seems to worsen fast with the length of joblessness and is handed down to the next generation, too - leading to a vicious cycle that weighs on growth dramatically."

Those forces are also destroying the future of the fake democracies:

Elections Canada takes aim at disengaged young Canadians

By Don Butler, January 29, 2011.

... Turnout by young voters has been dropping steadily since the 1960s, when about seven in 10 of those eligible to vote for the first time went to the polls. The drop-off in youth participation is largely responsible for the overall decline in Canadian voter turnout over the past two decades. ... While young voters are more likely to vote as they get older, “They are beginning at such a low level of participation that overall turnout can only be expected to decline,” ... “That’s a major concern,” says Elections Canada ...  “Surveys are showing us that if we don’t capture them and get them interested and engaged at their first opportunity to vote, we’ve likely lost them forever. They’re going to remain disengaged throughout their lives.”

In Canada we have about 70% of young men not voting, while 80% of young women do not vote ... and that is getting worse ...

The younger you are, the more you are being lied to, cheated, and robbed by the political system you were born into ...  There is nothing left within the established systems which is able to cure their diseases. A realistic assessment of their objective situation shows that young people are totally screwed, and that there is nothing which they could effectively do about that. Talking about waking people up is nice, and perhaps the only kind of remotely plausible talk upon which to hang some irrational hopes for political miracles. However, the real facts are that the runaway social insanities are driving their own trajectory towards making any effective action based on waking up practically impossible. We are quickly headed in the direction where youth are going to participate even less in being any part of the solution to their situation, and indeed, I cannot imagine any practical and realistic ways that they could avoid becoming mass murdered by the runaway social insanities which surround them.

While this also an awesome exponential growth of creative alternatives, the dominant trends are the runaway destruction being able to overwhelm the creative side of what is happening. The only theoretically possible solutions would be to make democracy work better, rather than continue to be such a horrible fake and false front for the oligarchy driving the runaway fascist plutocracy which is turning most people into its road kill. However, the apparent social facts are that the young people whose futures are being destroyed economically are also having their political futures being destroyed even more so.

As civilization gets crazier and crazier, due to being controlled by runaway financial frauds in its money systems, and runaway false flag attacks in its murder systems, the whole thing appears to me to be too far gone to be able to heal itself. This looks like a fatal social disease to me.

There are no doubts that, at the same time, awesome creative breakthroughs in every kind of science and technology are still happening at an exponential rate, and therefore, some basic hope for the medium term future still is quite manifest. However, between now and then, the only possible futures appear to be that the exponential runaway insane social destructions are going to continue to dominate the real futures, for as far as we can see into those ...

 

Tue, 05/07/2013 - 19:21 | Link to Comment A Middle Child ...
A Middle Child of History's picture

I would put pretty good odds on the youth being the ones to do the "mass murdering". We have the least to lose from ending the status quo, and the most to gain from it's overthrow. Killing is a young man's game anyway. If I was part of the current kleptocrocy, visions of whats coming would be waking me in cold sweats every night.

Tue, 05/07/2013 - 19:29 | Link to Comment Shizzmoney
Shizzmoney's picture

Soon we will have our "kill or be killed" moment. 

I just only hope that the alpha male that arises out of the midst is more Robespierre (who was a mass murderer...but one with somewhat of a conscience - he was also killed by other young people) rather than Nero (a madman) or Napoleon (a narcissistic fool).

Tue, 05/07/2013 - 19:47 | Link to Comment Radical Marijuana
Radical Marijuana's picture

Before the development of weapons of mass destruction, I would have agreed with you, A Middle Child.

However, the problem now is that there is no sane way to have any kind of violent protest, because that can never lead to any kind of sane expression of a violent revolution. The only kinds of violent rebellions possible would only contribute to participating the collapse into crazy chaos. THAT is the deeper problem with respect to WHY our entire Neolithic style of civilization, in the form of a steepening social pyramid, has become so completely INSANE, and without any possible rational solutions which can be imagined to be workable.

The weapons are trillions of times more powerful. The secret police state apparatus is also trillions of times more capable. There are no rational ways to overthrow that established system. The only rational solutions would be through a series of political miracles, which might be able to transform those systems from within ... however, as I just stated in my post, and as this entire article pointed out, we are currently in a runaway trajectory in the other direction.

While I do tend to agree with you that things will automatically get worse faster, until enough youths might become desperate enough to engage in some kinds of rebellions ... those no longer make any rational sense, since those can not lead to anything that is eventually better. In my opinion, that is the main reason why those things have not been happening. Young people intuitively know how totally screwed up things are! The young people that could and would lead other young people are NOT able to think of anything to do which actually makes sense, given their real situation.

Things are way worse now than ever before, since the apparatus of the state has been amplified trillions of times, by every kind of science and technology, but otherwise is still based on the same old systems of huge lies, backed by lots of violence, driving that entire system to become more insane, on a more astronomically amplified scale.

I repeat the crucial dilemma, which any young person smart enough can figure out for themselves, that our weapons are trillions of times more powerful, and therefore, ALL OUR WARS ARE INSANE, and that includes any imaginable scenario regarding violent riots, or rebellions, or whatever else like that ... Just as there is no coherently sane theory about how to fight a war with weapons of mass destruction, there can be no coherent theory about how to drive riots and rebellions through to become civil wars, resulting in successful revolutions.

None of that kind of human history is possible anymore ... We have no idea how much crazier this is going to get ... However, IF I was a young person today, I would be somewhat aware of everything that I just wrote above, and I would not be able to think of any sane solutions, nor any sane ways to do anything effective about how utterly insane and irrational the society that I had been born into truly was!

Tue, 05/07/2013 - 19:09 | Link to Comment lolmao500
lolmao500's picture

What. The. Fuck.

Israeli armor is now inside Syria, not just the occupied zone, but has closed the distance to Damascus and has city under artillery fire.

Tue, 05/07/2013 - 19:17 | Link to Comment Element
Element's picture

It's complete BS L500, from the dim lobes of Gordon Duff, he hasn't got a clue what he's talking about.

http://www.zerohedge.com/news/2013-05-07/syria-traffic-goes-dark-country...

Tue, 05/07/2013 - 20:08 | Link to Comment XOFnews
XOFnews's picture

And in Chicago or LA or Houston or DC or breaking news NYC or Miami or Portland or not in my back yard. Detroit is a....fill in blank. Damascus my ass.

Tue, 05/07/2013 - 20:25 | Link to Comment Suisse
Suisse's picture

PressTV is not a reliable source. 

Tue, 05/07/2013 - 19:11 | Link to Comment A Middle Child ...
A Middle Child of History's picture

“We’re the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War’s a spiritual war… our Great Depression is our lives. We’ve all been raised on television to believe that one day we’d all be millionaires, and movie gods, and rock stars. But we won’t. And we’re slowly learning that fact. And we’re very, very pissed off.”

Tue, 05/07/2013 - 19:13 | Link to Comment azzhatter
azzhatter's picture

right on target. i would gladly give up my work if i could get a safe 5%-6%return on my savings. since i cant and forced to play at bens casino and dimon blowjob emporium, i will keep on working. Fuck you Bernanke

Tue, 05/07/2013 - 21:35 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Courtesy tip to all ZH Authors:  Please review and select pen colors used for plots, as it's quite difficult to tell which is which when they are close together and they are of similar color.

Tue, 05/07/2013 - 19:14 | Link to Comment tarsubil
tarsubil's picture

Germany leads the way with youth employment and has no minimum wage. Not a coincidence.

Tue, 05/07/2013 - 19:49 | Link to Comment Shizzmoney
Shizzmoney's picture

To be fair, Germany also prints their own currency (their Euro is different than the Euro that Italy uses......literally a different bar code set).

That's why Germany is saying, "Nein Bailout!" - bc its people don't want to bail out the rest of Europe at their expense (which is why the ret of Europe was dumb to succumb to them running the finanical system and the currency in the first place.....of COURSE they would lose their sovereignty at the first sign of trouble, and Burssels/Germany would get all of the gains!).  

Some will say, "But the United States also prints their own currency!".  No, we don't.  The Federal Reserve prints Federal Reserve notes (which are then converted into US Petro Dollars). Sure, Congress can allocate money......but they can't create it.  They can only tell the Fed to create it for them to use (which is how they take so much off the top due to this shuffling.  SEE: JPM and Food Stamps).

If the people had control of the currency we use here in the US, we wouldn't be in this mess.

 

Tue, 05/07/2013 - 21:27 | Link to Comment SAT 800
SAT 800's picture

False premise. In the French Revolution, "power to the people"; the seemingly deathless slogan of the Berkely radicals of the 60's actually occured. The power of the issurance of the currency went to a committee directly elected by the public; the people did have the power. the result? they fucked France up so bad it was on the very razors edge of being un-salvageble. When they gave power to Napolean Bonaparte, to save themselves from "the People"; they very first decree he issued was; no more paper money. All transactions will be done in Gold Coin. Previously, they had been taking citizens to the guillotine and cutting their heads off for doing any transaction of any kind in gold coin; so as to maintain the "legitimacy" of the "peoples" paper money. All this is merely historical fact. It's not a theory or a story. The worst thing that can ever happen to you is to have "the people" in charge of anything. The founding fathers gave voting rights to adult white males who owned property; now they're available to sub-normals and females who own nothing. Se la Vie.

Tue, 05/07/2013 - 21:47 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Also interesting, is that I know of no German working the fruit & produce fields for "US wages" (like illegal Mexcians).  In the interest of balance and perspective, you also need to flag that (1) they have affordable health care and (2) they have tuition-free university education. 

Their trade-schools are also bona-fide profession, real schools, and not a front for the teaching industry to scam mountains of money from the students.

Also noteworthy, is that they control their Immigration (who comes in and stays in).  Asylum seekers who have been granted asylum are a sore point for Germans, as they get Government financial aid, while not allowed to work.  This is probably a labor-union move, to keep up union salaries.  Asylum people are typically the ones selling roses in pubs and restaurants, cause its a cash business and no one cares.  Pretty foreign girls obviously make a lot more than homely foreign guys.

Tue, 05/07/2013 - 19:19 | Link to Comment Stinko da Munk
Stinko da Munk's picture

All these aimless youths running around , I'd keep a close watch on my pressure cooker if I was you.

Tue, 05/07/2013 - 19:27 | Link to Comment tarsubil
tarsubil's picture

Hmmm, split the unemployed between terrorists, victims, and jackboots. Problem solved.

Tue, 05/07/2013 - 21:32 | Link to Comment SAT 800
SAT 800's picture

It's always amazing to students of real history to find out easy it was to find former postmen and village policemen who could be hired to work in death squads that marched women and babies and men to edge of trenches and then executed them with a rifle shot to the base of the head. They will be split between victims and jackboots; for victim, read terrorist, gold user, or whatever you like; count on it. Homeland security didn't pay for those 4million rounds of ammunition to take target practice. I forgot to say, that this was during the "third Reich"; for those of you who still don't understand what's going on right now; all around you.

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