With the current socioeconomic situation in the United States, within
the next 50 to 100 years, will the average American have a higher or a lower standard of living? State your reasons therein? Furthermore, will the change in American living standards, either for better or worse, be ineivtable? According to Gerald Celente, business consultant and economic trend predictor, the economy of America-in fact the world- will become even worse than it is currently. Mr. Celente furthermore predicted that in the coming years, the economy will be abysmally catastrophic with the majority going under while an extreme few will profit.
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