Q: Since global production capacity is already too high (i.e., capacity far exceeds demand) and since all the funny money (e.g., QE cash) has done nothing to stimulate demand, just how in hell do our brutal overlords intend to find jobs for all these young people?
A: They're not.
Q: Then what do our brutal overlords intend to do?
A: According to Lawrence Wilkerson, "... by the end of this century we could have only arable land and water enough for some half billion people. What we do with the other 9 billion? Where do we bury them, even?"
My prediction is that our brutal overlords will not find jobs or food for these young people but are instead feverishly looking for a place to bury them after they starve to death.
Update: Should there be no place to bury them, our brutal overlords could always turn them into robot fuel:
The purpose of the Energetically Autonomous Tactical Robot (EATR)™ (patent pending) project is to develop and demonstrate an autonomous robotic platform able to perform long-range, long-endurance missions without the need for manual or conventional re-fueling, which would otherwise preclude the ability of the robot to perform such missions. The system obtains its energy by foraging – engaging in biologically-inspired, organism-like, energy-harvesting behavior which is the equivalent of eating. It can find, ingest, and extract energy from biomass in the environment (and other organically-based energy sources), as well as use conventional and alternative fuels (such as gasoline, heavy fuel, kerosene, diesel, propane, coal, cooking oil, and solar) when suitable.
Yes, starving unemployed youth are "biomass in the environment". And I like the "patent pending" part. After all, you don't expect the owners of the robots to eat people for free, do you?
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