The Forum > General Discussion > The year 2030
The year 2030
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5% per year for 20 years, compounding.
Now, come 2030, do you think we will be eating home grown foods, after all, HG foods SHOULD in crease by at least 10 to 15% per year, to allow for increased wages and costs and a little bit for the boss, otherwise the employer will go broke, or, do you think we will all be forced to eat cheap imports?
Now if we ban imports and increase food prices by 10 to 15%, for the next 20 years, that's fine, so long as the employer gets his 5% increase each year as well.
Now, do you see this happening? And remember, we are only talking about food.
What about almost everything else that is either, imported, or at least made from imported goods?
Do we ban all imports so we can at least support jobs in our own nation?
What about if the likes of the US or europe do the same?
What then, we simply can not continue down the same path without some very serious reforms. Otherwise, there may well be no 2030. At least not as we know it now.
BTW, did you see last night story on china, 60 minutes. Scary stuff hey!