The long term is already here - the results: high unemployment, stagnating innovation, financial crisis in the public sector with unfunded liabilities. Germany

The long term is already here - the results: high unemployment, stagnating innovation, financial crisis in the public sector with unfunded liabilities. Germany is now lengthening retirement age, raising taxes, lowering benefits, etc to try not to go under. And the high unemployment is really a big deal - it is giving rise to a growing rightest (ie neo-nazi) movement in Germany, and I think to Islamic extremists in France, etc.