armstrongeconomics.com / by Martin Armstrong / Apr 14, 2017
Floating cities in the sea are getting closer to reality at the Seasteading Institute. Futurists are already thinking about the founding of cities on the high seas. While the original argument was all about when population growth would make land so scarce we would have to move to the oceans, they never counted on cycles. The population figures are on the decline and the standard of living has declined and taxes have soared. There are many of America’s young adults who now appear to be in no hurry to move out of their old bedrooms. For the first time on record, living with parents is now the most common arrangement for people ages 18 to 34. The stunning proportion of older millennials — those ages 25 to 34 — are still living at home and has reached its highest point on record at 19% based upon the latest census data. This is also a death sentence for the socialist system which was based upon a Ponzi Scheme of taking money from an ever increasing population to pay for the retire costs of the previous which was always smaller. With just under 20% of millennials living at home, the population growth have plummeted. Japan has a real problem. Its population is just over 127 million and the new births are just 1 million annually. The Japanese have been forced to turn to developing robots to replace workers.