Gimme, you won't be retiring for a few years.
IMHO, every decade has very traumatic turbulence with unexpected triggers and consequences for the average person.
The 1970's had the oil embargo;
the 80's had the crazy interest rates plus https://theweek.com/articles/486362/...icas-jobs-went..
"When did offshoring become so prevalent?
The trend began in earnest in the late 1970s at large manufacturers such as General Electric. GE’s then CEO, Jack Welch, who was widely respected by other corporate chieftains, argued that public corporations owe their primary allegiance to stockholders, not employees [or their communities]. Therefore, Welch said, companies should seek to lower costs and maximize profits by moving operations wherever is cheapest. “Ideally,” Welch said, “you’d have every plant you own on a barge to move with currencies and changes in the economy.” Not only did GE offshore much of its manufacturing, so did its parts suppliers, which were instructed at GE-orchestrated “supplier migration seminars” to “migrate or be out of business.”
by the 90's many jobs were gone, communities suffered from lack of jobs, opportunities and the social consequences of it all but those shareholders who bought the stock because they were employed were rewarded. Add in the turbulence of the Y2K accommodation and then;
the 2008 worldwide financial disaster enacted by greedy financial thieves, few of whom were penalized and;
now add in the 2020 costly trauma from covid with the poor and certain jobs suffering the most consequences in addition to droughts and tornadoes and hurricanes from climate change.
You cannot plan far ahead in the US or Canada but try to build a buffer against a huge disaster not of your making. Going to a country with which you are not familiar and expecting that country to be stable after a long history of being politically unsettled is perhaps not the best choice. You have no idea of what the future holds anymore than anyone else. Every decade has its problems caused by forces over which you have no control. Who knows what lies ahead over the coming decades? The US has weathered many challenges and has the resources to withstand them.
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Originally Posted by iris lilies
