13-12-2008, 06:44 AM
Great stuff, Peter. I'll be keeping a close eye on that website.
When the pension funds collapse, combined with the predicted 20% plus unemployment, and the certain debt default and collapse of the dollar, you can bet those who profited from rampant capitalism will either leave the country or hole up in walled armed estates. Anarchy, crime and revolution will follow, imo. Interesting that Biancheri said Obama has assembled a good team for an America which no longer exists. There's no new people with new ideas. He'll have to make changes.
Massive expansion of welfare, combined with slashing military expenditure and other wasteful expenses like the WOD will be necessary and if the political system is too slow and cumbersome to adapt, that will have to be changed too.
When the pension funds collapse, combined with the predicted 20% plus unemployment, and the certain debt default and collapse of the dollar, you can bet those who profited from rampant capitalism will either leave the country or hole up in walled armed estates. Anarchy, crime and revolution will follow, imo. Interesting that Biancheri said Obama has assembled a good team for an America which no longer exists. There's no new people with new ideas. He'll have to make changes.
Massive expansion of welfare, combined with slashing military expenditure and other wasteful expenses like the WOD will be necessary and if the political system is too slow and cumbersome to adapt, that will have to be changed too.