posted on May, 26 2010 @ 11:52 PM
It seems pretty much everyone is entering very shakey ground right now. No economy in the world can truly be said to be "booming," although some are
doing better than others, relatively speaking. But all the major economies are threatened by bv budget overextension, debt overload, market malaise,
falling property values, moribund markets, and so forth. There is also massive unemployment in the developed world.
It almost seems like war -- global war, involving everybody -- is inevitable in the medium term based on this situation. War is a kind of economic
"reset button." It cancels debt, boosts employment, uses up (i.e., kills) "excess labor," puts excess productive capacity to work, and so on. It
settles imbalanced international debt betwen nations by making it irrelevant (enemy nations assets can be seized, debts can be canceled, etc.).
Is this the only way out for the poor old human race?