posted on May, 19 2010 @ 08:01 PM
There is the old myth of the phoenix, which must immolate itself in the sacred fire and be reduced to ashes before a new more glorious phoenix can be
resurrected from those ashes. In this case, the phoenix represents all of humanity and its social systems.
I am a short term pessimist and a long term optimist. I believe we are headed for a global collapse of unprecedented proportions, unlike anything ever
seen in human history--which will not be fun in any manner of speaking. Basically, your worst nightmare.
It will be impossible for the US to collapse without the rest of the world collapsing along with us. Already, economists are predicting that China is
about to experience a collapsed real estate bubble, similar to what we just went through. Europe is in the process of collapsing right now. So there
is currently a flight to the US dollar and dollar denominated assets. But the US has the largest sovereign debt of any nation on earth---and the
deficit is growing bigger every year. The idea that we can solve our debt problems by taking on more debt is ludicrous. The entire economic system of
the world, which is addicted to debt, will inevitably crash and burn. And so, I dont think we have to worry about foreign invaders....every nation on
earth will be dealing with its own domestic chaos...with complete failure of all corporations, governments, and social systems, resulting in raw, and
probably very nasty anarchy.
But I also believe that in the end, after the global phase transition is over, we will emerge with a much better set of values and much better systems
of economics, banking, government, etc. But I am talking long term, like several generations long term--probably after both you and I are dead.
Maybe this is wishful thinking, maybe not. But the coming collapse will definitely not just be similar to previous boom and bust cycles. The sheer
scale of the economic, political, and social problems, along with the interconnectedness and interdependencies required to support six billion people
on this planet, pretty much ensures that when the system crashes, its going to result in unprecedented loss of life.
If you havent already started to prepare for this eventuality, you better get cracking.
[edit on 19-5-2010 by Angiras]
[edit on 19-5-2010 by Angiras]