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When Will The Economy Collapse?

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Follow the money..........

The fight over Syria, being led by Saudi Arabia and Qatar and their lap-dog Western allies, has but one single objective: To break Russia’s hold on the European Union natural gas market which a pipeline through Syria would accomplish, and as reported by London’s Financial Times News Service this past June:
“The tiny gas-rich state of Qatar has spent as much as $3bn over the past two years supporting the rebellion in Syria, far exceeding any other government, but is now being nudged aside by Saudi Arabia as the prime source of arms to rebels.
The cost of Qatar’s intervention, its latest push to back an Arab revolt, amounts to a fraction of its international investment portfolio. But its financial support for the revolution that has turned into a vicious civil war dramatically overshadows western backing for the opposition.
Qatar [also] has proposed a gas pipeline from the Gulf to Turkey in a sign the emirate is considering a further expansion of exports from the world’s biggest gasfield after it finishes an ambitious programme to more than double its capacity to produce liquefied natural gas (LNG).”
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countdowntozerotime.com » Putin Orders Massive Strike Against Saudi Arabia if syria attacked Russian Government outraged by Saudi Prince Bandar bin Sultans terrorist threats :putin”who the hell do these people think they are dealing with”


Saudis offer Russia secret oil deal if it drops Syria - Telegraph
 
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IF he goes through with it, I predict world war 3, not just in the making...maybe all those guys can thump on their bibles some more yet though... Nobell Peace Prize Winner.

I'm not exactly a 'fan'.. of chemical attacks against people here, but who did it ? Most likely the Assad regime which has done terrible things (to their own fucking people...sometimes..no, most of the times you have to question people in power for that long..), which is most of the people out there I believe..makes for a grand excuse for any foreign power to step in and set matters straight though, doesn't it.. .I'm glad that Great Britain backed out.

I should rest, I'm angry. Had to edit in/out the 'noble' ... ;)
 
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Wouldn't go that far, he just effectevely started on war yet..And some people say, why Syria, 'no oil etc' ? Take a look on the map goddamnit. Sorry if I offended someone.
 
I would go that far especially if it were my children he killed. Drones suck.
 
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Obama: Syria represents 'a challenge to the world' ..to the world, clearly. I still have to give 'props' to the Brits for backing out on this one. As horrible as it is, have the UNO yet confirmed where the gas attack came from ? Has anyone asked where the 'Rebels' got armed...seems like the 'Greatest Nation on the Earth' is doing the same thing again they did in Afghanistan in the '80s..I'm not a political theorist (as it clearly shows), but as a german (cue in Nazi and related themes, haven't heard that before...). this is fucking insane to me. France in as well.We know how much the US likes the French ever since 9/11..this worldwide Insanity has to end sometime, right....someone comfort me..
 
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dyingsun said:
Obama: Syria represents 'a challenge to the world' ..to the world, clearly. I still have to give 'props' to the Brits for backing out on this one. As horrible as it is, have the UNO yet confirmed where the gas attack came from ? Has anyone asked where the 'Rebels' got armed...seems like the 'Greatest Nation on the Earth' is doing the same thing again they did in Afghanistan in the '80s..I'm not a political theorist (as it clearly shows), but as a german (cue in Nazi and related themes, haven't heard that before...). this is fucking insane to me. France in as well.We know how much the US likes the French ever since 9/11..this worldwide Insanity has to end sometime, right....someone comfort me..
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One day it will end my friend but at the rate we are moving and the increasing insanity portrayed by our leaders I feel this is what things will look like many years after.

2me9umq.jpg
 
stonehart said:
One day it will end my friend but at the rate we are moving and the increasing insanity portrayed by our leaders I feel this is what things will look like many years after.

2me9umq.jpg
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We will have done it to ourselves, too. No aliens needed. In fact, I could see - if there was a conspiracy - that it's one of keeping what masses are interested believing in such because it's a huge smoke-and-mirrors divergence from what is really going on. :(

However, I am an optimist, though one is always sobered by the old saw: It will get worse before it gets better. The darkest is before the dawn, etc.
 
stonehart said:
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Great video - loved it all from start to finish. Says it very well. Sums it up. That's what I see, too, both ways. The better way for sure won't be perfect - I already sense what the downsides may be (less freedom of the wild west variety, for one - but there isn't a society going that doesn't have constraints - it's the nature of the beast) but the win-win for all will be paradise compared to what we have now.

Loved some of his comments at the beginning - the touted 'Law of Nature' that is being claimed (irresponsibly) by so many regarding 'gain at the expense of others' - when every lesson of history indicates that it is those who cooperate who survive.

His comment about technological capacity outstripping social maturity has everything to do with the market elites savvy enough now to actively circumvent any societal 'vote' on anything. Take the current onslaught the educational system (in the US) is now bracing for - Common Core Standards. In California the computer industry got the legislature to pass a law before educators were presented with the reality of what they were going to have to sign-on for or break the law.

He is dead-on about the ownership class - and that none of us do anything in isolation. System failure is right.

The way I see this coming to be is through local action - and slowly. It's already happening, inch-by-inch.
 
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Tyger said:
Great video - loved it all from start to finish. Says it very well. Sums it up. That's what I see, too, both ways. The better way for sure won't be perfect - I already sense what the downsides may be (less freedom of the wild west variety, for one - but there isn't a society going that doesn't have constraints - it's the nature of the beast) but the win-win for all will be paradise compared to what we have now.

Loved some of his comments at the beginning - the touted 'Law of Nature' that is being claimed (irresponsibly) by so many regarding 'gain at the expense of others' - when every lesson of history indicates that it is those who cooperate who survive.

His comment about technological capacity outstripping social maturity has everything to do with the market elites savvy enough now to actively circumvent any societal 'vote' on anything. Take the current onslaught the educational system is now bracing for - Common Core Standards. In California the computer industry got the legislature to pass a law before educators were presented with the reality of what they were going to have to sign-on for or break the law.

He is dead-on about the ownership class - and that none of us do anything in isolation. System failure is right.

The way I see this coming to be is through local action - and slowly. It's already happening, inch-by-inch.
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Nice post Tyger, loved it :)

The video hits the nail hard on the head for me, and what is more it is more or less what I have been trying to tell people for years now.... we can not fix the system we have now as it is dieing and to ignore it is to end in tragedy for all no matter how much money you have. The problem is breaking the programing people have had hammered into them that the system as it is now is the only way and to beat down your fellow human for your own gain is healthy.

The end of the line is getting close and what is more I feel it is much closer than the video makes it sound.
 
stonehart said:
Nice post Tyger, loved it :)

The video hits the nail hard on the head for me, and what is more it is more or less what I have been trying to tell people for years now.... we can not fix the system we have now as it is dying and to ignore it is to end in tragedy for all no matter how much money you have. The problem is breaking the programing people have had hammered into them that the system as it is now is the only way and to beat down your fellow human for your own gain is healthy.

The end of the line is getting close and what is more I feel it is much closer than the video makes it sound.
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That is the problem - and it is powerfully ingrained - even world-wide - but there are cultures that are taking a different tack. But it takes enormous courage and a sustained vision.

Consider Germany - recently news made world-wide headlines of Germany's solar output. LINK: Germany Solar Power Pushing Fossil Fuel Plants To Close | EarthTechling and LINK: Germany broke world solar power generation record in July with 5.1 TWh, leaving U.S. in dust : TreeHugger

But if you google about Germany's success - you will find that 'someones' have peppered the google search with claims that Germans are 'revolting' against their country's green revolution - as if 51% of the population that has solar panels would be doing that. The scare tactic is that by 2020 Germans will be paying exorbitantly for energy - and then there are mentions of government subsidies (as though the fossil fuel and nuclear energy industry have not had government help). It's a massive uphill fight to change the thinking, change the public perception, change the paradigm.
 
stonehart said:
The end of the line is getting close and what is more I feel it is much closer than the video makes it sound.
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What is your time-line? When you say it's 'closer'?

The US economy is huge and lumbers along by sheer inertial momentum. The East and West Coasts will maintain vitality - especially the West Coast, given that the global rise in sea level will effect it the least (apparently - last I saw an analysis done in National Geographic). The Mid-West and the South - especially all the coastline in the sub-tropics - will not fare well imo - and if the southern coastal and middle west collapse is anything on the order that is being prognosticated - then the US will undergo a major transition by virtue of the changed geography. Soooo.....I would give it until that all is effected - about 2080 to 2100 or about 70 years, not in my lifetime, and not in many others, either.

Thing is the global nature changes are happening faster than anticipated in models worked with up to this point so perhaps that 70 years might be halved to 35 - about 2045/50 - which is about right. Urban planning in Los Angeles is factoring in a sea level rise for about that time-line.
 
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Tyger said:
What is your time-line? When you say it's 'closer'?

The US economy is huge and lumbers along by sheer inertial momentum. The East and West Coasts will maintain vitality - especially the West Coast, given that the global rise in sea level will effect it the least (apparently - last I saw an analysis done in National Geographic). The Mid-West and the South - especially all the coastline in the sub-tropics - will not fare well imo - and if the southern coastal and middle west collapse is anything on the order that is being prognosticated - then the US will undergo a major transition by virtue of the changed geography. Soooo.....I would give it until that all is effected - about 2080 to 2100 or about 70 years, not in my lifetime, and not in many others, either.

Thing is the global nature changes are happening faster than anticipated in models worked with up to this point so perhaps that 70 years might be halved to 35 - about 2045/50 - which is about right. Urban planning in Los Angeles is factoring in a sea level rise for about that time-line.
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Sorry for the late return post but have been up to my eyes in family junk.

Now as for an answer ... well Mikes post is a good example, and add to that the increasing pace at which the security industrial complex is being installed you get the idea that those at the top are getting a bit twitchy.

I like what you are saying about the sheer inertia due to size and I understand that this looks like it should be the case.. I however see an explosion or maybe implosion going on in slow motion..
Or another way to sum it up is like structural failure, things look fine right up to the moment the building falls down.
 
I like this topic as it's something I do for a living so gives me a legitimate reason for research at work...I don't think it's imminent or near enough to place accurately but I do feel something big is happening . I did some research recently on long-term trends and in post war USA, $100 of debt had turned into $70,000 while the value of that dollar was debased by 99% or thereabouts . I haven't got the dataset in front of me but it was pretty phenomenal . When you have a debt problem you can only earn more to repay it, default on it or inflate it away. Looking at the major emerging market currencies they've all weakened over the last year except for China and China has only recently started reducing its exposure to US debt. If this signals the end of a carry trade or a bond buyers strike, the consequences could be massive.
 
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