On Fri, Oct 29, 2010 at 6:54 AM, Vivec <gel21...@gmail.com> wrote: > > I thought these were some interesting points from the article. >
> America's wealth gap will trigger grass-roots rebellion. Wall Street's > greed is so pervasive, gluttonous and obvious the rest will rebel. > - > The Fed's shadow banking will collapse under excess debt. Central bank > balance sheets overdrawn, feeding new bubble with cheap money. > - > > A "Black Swan" of huge unintended consequences. Next bubble, highly > unpredictable, huge collateral damage on Wall Street. > > Sounds like the next depression will mean civil unrest. > This is an entirely possible outcome. Republicans argue that this is what could happen if President Obama got his full agenda enacted. His plan would destroy the private economy, leaving the rich very rich and everyone else poor and dependent on the government, and leading to mass unrest and even possibly a revolution driven by ordinary people who just want the government to stay out of their lives. I would call revolution a highly unlikely outcome, but not impossible. The biggest risk to stability is the continued structural disaster of government budgets at virtually all levels in the United States. Young people are getting screwed and when they finally figure it out they might just decide not to play along. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:330617 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
