Comment Re: We were in a GREAT position (Score 2) 279
No, we were/are screwed. The 4 women with 5 kids is misleading, with their husbands it is 8 people with 5 kids. Replacement with no growth is 2.1, which suggests 9 children for 8 people or 4 women, and 1 will not breed or die. This is a long term leading indicator for population collapse (still rising due to boomers living long) and GDP collapse, and concentration of national debt to unsustainable levels, not to mention collapse of social security, etc.
Expect the stock market and k-shaped economy to keep going up, as claims of investors parasitize productive workers more and more. They call it Late Capitalism. We are actually toast. Meet Jesus and read Marx.