Friday, November 09, 2007

The Coming Economic Collapse




It's coming within the next five years. Recession, depression, economic collapse is as inevitable as the sun rising each morning.

The current level of the world economy is unsustainable, and humans are unable and unwilling to change. Change to prevent Global Collapse by moving to sustainable economies vs growth oriented requires a new paradigm. People in the USA can't even adopt the Metric System that the rest of the world uses, let alone make such a leap of mindset.

In addition the threat of nuclear terrorism and nuclear war is almost imminent the present time, let alone in the next five years, with the possible fall of Pakistan into a radical Muslim nation and a supply of nuclear weapons!

Israel or even India may take preemptive action against not only Pakistan, but also Iran. The resulting global panic will speed the economic collapse.

Blind optimists see it all as a "temporary" setback, and that things from employment to housing will surely improve. Realists, such as myself, see the ongoing loss of high paying jobs, exported jobs, a service economy, as signs of the end.

The sky is falling, just get out of the way!