Moving back in with your parents !
From WSJ
For Andrea Tarquini, a 44-year-old son of two pensioners, returning home was an extreme solution. He had left at age 22 and worked in a call center. He lost that job four years ago and tried to start a video production company. When it struggled, he was forced last December to move back home, where his movie posters, DVDs and books now contend for space with his mother's oil paintings and his nephews' toys.
"I feel guilty because my choices are falling back on them," he says. "My parents have become my social safety net once again."
If this was an isolated story but this is a trend. In Europe there are not enough job's for everybody. Not in Europe and in the world the situation is going to be the same.
why?
1.Automation. 1 Person with a machine can do the work of 1000 people
2.There is oversupply of almost everything. No one is building a new factory
3. Deleveraging People funded their purchases with credit for the last 20 years now it's difficult to borrow more.
4.Zero top line growth in the world. The only way to make more profits is to cut costs. Labor is a cost.
Only inefficiency can create job's!
We are being afflicted with a new disease of which some readers may not yet have heard the name, but of which they will hear a great deal in the years to come – namely, technological unemployment. This means unemployment due to our discovery of means of economising the use of labour outrunning the pace at which we can find new uses for labour.
John Maynard Keynes 1930
http://thoughtmeme.blogspot.pt/2014/06/be-nice-or-be-fired.html
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