Mish's Global Economic Trend Analysis: Is There a Shortage of Skilled Workers? My Own Personal Experiences: "...The idea that a "middle-skilled" person can go back to school at age 40, take a few classes and become a java programmer, an engineer, or a chef, and land a meaningful job in that field is nothing but hope-filled hype. Perhaps 1 out of 100 make some use of their training. The rest just end up deeper in debt. Fed-induced boom-bust cycles that benefit the already wealthy at the expense of everyone else, and debt-overhang, including student debt that exceeds $1 trillion, are the major problems today, not the alleged shortage of skills..."
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