I started this blog 7 years ago with the premise that at some point in the near future, the US would face a financial collapse. At the time, I calculated that it would be in 2022. Obviously in hindsight it was way too pessimistic. In the last "official" calculation I did in 2013, I estimated it as 2039. Now it appears that even this is too pessimistic and we are in better shape. Plus, I haven't taken into account the government's ability to engage in austerity, such as cutting the military, social benefits, and even interest rates.
The most likely scenario is that the total financial collapse I foresaw before will never occur, or at least not in my lifetime. Yea, we will have more financial crises a la 2008, but we know how to solve them - by flooding the system with trillions in newly printed cash. And if inflation gets out of control, just jack up the interest rates like was done in the early 80s. And the total amount of national debt doesn't matter because the Fed can just buy it up.
However, it just hit me that a much more likely scenario is what I call "social breakdown". This is where the underclass, which feels entitled to a certain amount of welfare and "social" benefits, is deprived of such benefits, and takes its revenge by rioting and looting. We have seen this several times in the near past, in Los Angeles in the 1992 Rodney King riots, in New Orleans in 2006 after Hurricane Katrina, and in Ferguson, MO in 2014. And in New York City in the 1977 blackout.
Yes, logically, we can get out of a government deficit by cutting benefits, pensions, Medicaid, etc. But can we really, without the underclass rioting on a massive scale? And not just the underclass, the far-left groups such as Occupy Wall Street, Black Lives Matter, and Antifa. I think we have a massive problem on our hands. And since I am big on predictions, (which I do just for fun since they never turn out to actually occur), I think I should try to analyze when a national social breakdown will likely occur. Stay tuned.
Get your ex back fast with the help of the best online spell caster that is powerful and genuine.Email him at: Unityspelltemple@gmail.com
ReplyDeleteHey guys, I'm so excited of getting my husband back after he left me and our 3 kids for another woman!!.
ReplyDeleteAfter 2 years of marriage, me and my husband has been into one quarrel or the other until he finally left me and moved to California to be with another woman. i felt my life was over and my kids thought they would never see their father again. i tried to be strong just for the kids but i could not control the pains that torments my heart, my heart was filled with sorrows and pains because i was really in love with my husband. Every day and night i think of him and always wish he would come back to me, I was really upset and i needed help, so i searched for help online and I came across a website that suggested that Dr Unity can help get ex back fast. So, I felt I should give him a try. I contacted him and he told me what to do and i did it then he did a (Love spell) for me. 28 hours later, my husband really called me and told me that he miss me and the kids so much, So Amazing!! So that was how he came back that same day,with lots of love and joy,and he apologized for his mistake,and for the pain he caused me and the kids. Then from that day,our Marriage was now stronger than how it were before,All thanks to Dr Unity. he is so powerful and i decided to share my story on the internet that Dr Unity real and powerful spell caster who i will always pray to live long to help his children in the time of trouble, if you are here and you need your Ex back or your husband moved to another woman, do not cry anymore, contact this powerful spell caster now. Here’s his contact: Email him at: Unityspelltemple@gmail.com ,you can also call him or add him on Whats-app: +2348071622464 ,his website:http://unityspelltemple.yolasite.com . Jessica, 26 years, Texas, USA.