The Western World is in a decline. Compared to other countries with a younger population. In the west, we have an aging population that has grown accustomed to wealth.
The west believes that they are superior in knowledge and skills compared to the rest of the world. The are arrogant.
This is all going to end in a disaster.
Everyone has grown used to the idea that asset prices – be they real estate, equities, or bonds – go up the majority of the time. This will end eventually.
The government numbers are completely fraudulent. They are there to mislead the people.
