Shocking Stat

The Biggest Financial Story in Coming Years

This weeks Shocking Stat concerns the financial earthquake that is the pension shortfalls that are occurring. They will be the biggest driver of the loss in confidence in Government and the biggest catalyst for social unrest. Just listen to these numbers for General Electric!!!! Yikes!

….also from Michael: Critical advice for your kids

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Critical advice for your kids: Eamonn Percy tells Mike that students are being taught industrial age solutions to handle our new age of entrepreneurialism which is defined as starting new businesses, or getting involved with new ventures or ideas. Eamonn Percy is the author of the 1% Solution

A Bucket of Cold Water on a Common & Dangerous Assumption.

 

We have serious and complex problems, and not one of them is going to be solved by superficial thinking held hostage by idealogy. un-informed by research. Examples? The gun registry, it cost billions and failed just the same. Or how about climate change…. 

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All Hell Will Break Loose

 

Quote of the Week: Since the immediate response to those advocating change is that all hell will break loose. More government required. Ha……Mike digs up one of his favorite quotes by H.L. Mencken to address that response.

 

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0:47 – 6:56

This week McDonalds announced it is going to replace 2500 cashiers with self-ordering kiosks. Last week Amazon’s new “Just Walk Out Technology” eliminates cashiers, sales people, shelf stockers and other low wage jobs. Obviously the future is here now, and if we don’t massively re-think how we educate our children, not many of them are going to be able to get a job. Sadly our educational establishment are ignoring the necessity to change at a time when change is happening faster than any other time in human history. Bottom line, if we don’t change how we educate our children we are inviting social unrest.