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[quote=Anonymous]
Hmm. Welcome to Old Europe. Except you still have a killer employment rate compared to European countries.

20 years ago when I was graduating high school in France, it was "La Crise". We've never really gotten out of it in France. That's why communists and far-right parties do so well.

The reality is that if Level 3 countries (Level 4 being the USA, Japan and Europe) develop at the rate they've been doing for the next generation, the new trade hub will be in the Indian Ocean, not the Atlantic.
The entire economy will shift east (Africa will be a significant player as well).

So this is what you teach your kids: how to be flexible and adaptable. How to learn new languages (not the European ones). How to live and work in other countries. Maybe they won't need it, but their children surely will! And above all, how to invest wisely in Asia and Africa, because inequalities will keep widening and there is nothing more powerful than inherited wealth.

Great unknown in this prediction: the effect of climate change on Level 2 and Level 3 countries, and their domino effect.
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