Assuming that all apocalyptic analysts believe that in any of these difficulties above are correct, few could imagine a day when all of them were true at the same time. What businesses and society? Who would be successful and that would be harmed under the new economic realities? It is composed of all or simply in our mind is something that could be very real and disastrous? We shall discuss each of these items separately.
Retirement of baby boomers: The baby boomers represent a time when the economy was zooming along and people can find jobs, without really trying. Usually people employed remained with the same company all his life and retired when a pension of gold and was waiting to attend them.
Baby boomers were born between 1946 and 1964. Assuming that they work about 30 years, and entered the labour market some 20 years of age would mean almost all of them would be out of the workforce in 2014. When these baby boomers leave, then it will be a huge source of revenue, gaining knowledge and ability. The loss of baby boomers means that the value system of the country will Generation Y, which is much more self-centered and thought fluids than originally selfish baby boomers. Thus, the economy will be affected by this change and probably lose a certain type of maturity stability.
Environmental Collapse: The world is beginning to be concerned about the effects of greenhouse gases from the environment. It is believed that in the next 20 years, environmental problems are not resolved it will be almost impossible to resolve them later. In other words the environment will not be able to regenerate itself. If environmental collapse happens it is expected that climate change will undermine the economy of many countries, the burning many farms, of losing species that can no longer survive under the earth& 39;s atmosphere, and the flooding of productive land. The solution of this land requires a very significant corporate, government and the entire world resources that are likely to slow economic growth. Consumers will have to pay more for products that hinder the same further.
Globalization production: EU workers should only be done on the effects of globalization on their lives to truly understand people& 39;s opposition to it. When the manufacturing workers $ 20.00 per hour they are now calling $ 10.00. Despite these obstacles wages lower future inflation, colleges become more expensive, and housing costs are rising. In the end, the American worker loses his position as labor and jobs become plentiful sparse.
In the case of American workers can pay less they will begin to buy the basic necessities of life versus Gucci watches, and two new cars. This is slow in the purchase is likely to change the mindset of the average American person to survival and maintenance of the family wealth. Relationships will become defined by wealth and influence, leaving the lower class discovered jobs.
Rising best price of oil: There is only so much oil in the world. As oil becomes more important and limited, their costs will increase. Not only the cost of oil, but gasoline, heating costs, plastics, and just about everything else will rise with it. In the end, consumers pay more for American vai less.
This dependence on foreign oil combined with the adverse affects burning of fossil fuels is creating an alternative energy crisis. Companies such as Ford, GM and Chrysler are racing to build more fuel efficient vehicles. Ethanol processing plants are popping up all over the Corn Belt, new discussions on nuclear energy, business associations are calling for government reform, and wars are being fought over the commodity.
What will happen in the next 10-20 years, when the baby boomers retire, the effects of globalization in full force, conservation of resources consumes atmosphere government is low pay, college costs too much, basic products and increased prices due to scarcity of oil? Of course, nobody really knows. What we can say with some certainty is that the amendments to the contrary, at any time in recent history of today are coming and young professionals will have to deal with them. Murad Ali is a time of three authors published, a Ph.D. candidate and a human resources manager. http://www.thenewbusinessworld.blogspot.com
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