posted on Jul, 31 2012 @ 10:22 PM
I've been following that blog for a few months now. I do agree with you. It's a good site, the writers are well-informed and articulate. I like it.
But I agree, you wouldn't expect a blog called "Economic Collapse" to take the incremental view of the situation, but I've found that most all the
more scholarly financial "doomsayers" are like this. They see it unfolding as a gradual ratcheting down, which is what we're in right now.
I think many of them actually do see that things are likely to go into a chaotic free-fall, and I'm guessing that they don't say so for a couple of
1) They don't want to look like the academic equivalent of the weirdo on the street corner crying "the apocalypse is nigh !"
2) Total collapse destroys all existing paradigms and economic models. A real game changer is a bit beyond economists' abilities to describe because
they have no model for it. In the talk of the collapse, they continue to describe stocks, bonds and currencies as if those things will still exist and
be following the usual dynamics.
3) Total collapse is not just an economic event, it unleashes new dynamics in the entire structure of society and world politics. Most experts are
uncomfortable speculating outside their field of expertise.
It probably wouldn't take a really huge event to kick the slats out of everything right now. New plans are launched to cover up the wreckage left by
the previous plan, buy time, and kick the can down the street. Over the past couple of years, these new plans have been coming along faster and the
desperation is growing. Too many factors are converging right now, and each attempt to keep the machine going makes it worse.
I'm not convinced that the NWO will emerge triumphant in the end, though. Call me an optimist if you will. The power elites are far too invested in
the system that's failing. A real collapse would collapse their power.
My best guess is that we're going to see a sharp return to national sovereignty.