In this video Joe reads an article from ZeroHedge titled "Why We're Doomed" by Tyler Durden, 1 September 2017.
Article: Why We're Doomed...
Topics:
Present system cannot endure (0:34)
Diverging income trajectories (0:47)
Share of Gross Domestic Product (GDP) going to wages and salaries plummets (1:02)
Social Security, Medicare and Medicaid (2:48)
Medical expenses soaring (4:06)
Stagnant wages equates to stagnant income tax revenues (4:29)
Soaring income inequality (5:57)
Average family income 2002 versus 2012 (7:06)
1988 cover of the Economist Magazine -- New world currency (8:30)
Video
14 minute video published 2 September 2017
Source
YouTube Channel: jsnip4
Website: REALIST NEWS
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