posted on Feb, 16 2010 @ 09:22 PM
Originally posted by Subjective Truth
I think the events unfolding in Greece may be the start of a very bad turn of events for the stability of the world including America.
For those (myself included) who have lived through the more-intense financial uncertainty and supply-side turmoil of the 1970's, this contemporary
"crisis" is not as dire. And to be certain, the "pain" of these times is more substantially diversified.
However, there are many parallels. While we had no "Internet," there were several underground newspapers and alternative media efforts espousing
opinions and recommendations not dissimilar to what we see now on the fora here. Dire predictions of utter doom, recommendations for divesting of
Dollars and Sterling, details on stockpiling of goods, gold investment schemes, and much much more. A Seattle-based alternative media news paper (I
want to say The Stranger, but I'm not sure that was it) was gaining popularity for its increasingly conspiracy-centric editorials that centered on
the New World Order, US political inaction/partisanship, and Federal Reserve origins.
While there were moments in which we (rightfully) feared things would get really bad, as events unfolded our worst-trepidations never played out. The
"power brokers" maneuvered and the system was shored up for another decade.
Such is the case now. Turmoil, fear and uncertainty combined to create a desirable foundation upon which the select-few may manipulate the system
unnoticed so as to create the next faux economic bubble. It may get bad, it may even get close to really bad, but modern history has taught us that we
never quite fall into the depths of chaos. At least, I think, not this time.
I believe we have at least two more artificial economic bubbles before the system truly becomes unsustainable, even by those who benefit from the
boom-bust-boom-bust cycle. Eight years. That's my estimation.