--- In FairfieldLife@yahoogroups.com, TurquoiseB <[EMAIL PROTECTED]> wrote: > >> Don't worry Richard; The US economy will collapse and the only > >> hope for the country will be The United Nations. > > > > Lupi sounds like you have your fingers crossed! > > I certainly do. I think the primary hope for the > world is the US economy finally having to confront > its bankruptcy. It's "power" in the world is based > on the perpetuation of a fiction, that it is econ- > omically solvent. It isn't. When the rest of the > world stops pretending and perpetuating the fiction, > the "power" of the US and its tendency to abuse it > will fade as quickly as a headwaiter's interest in > a customer when he realizes the guy doesn't have > a cent. > > Unc
When the Berlin Wall collapsed, and with it the "communism" of the former Sovjet Union, Maharishi said that "the next to go is capitalism". One could speculate on how this can happen, but the capitalist system will certainly not go away by itself since the power of greed and egoism that structures it is so strong. It will have to be forced to go. This can only happen through a major crash of the worlds economy starting in the major stock exchanges. A crash that will make the 1920's look like childs play in comparison. The fundation for this is already laid as the US is spending far more than it earns and now has a foreign debt of countless trillions. The day could come in the near future when the rest of the world (noteably Japan and China)will not only stop to buy more dollars bonds from the USA, but could demand to have their loans back. Where would the US get the money from to pay back, when the funds simply do not excist ? Lenin said that capitalism will eat itself up from within. That is exactly what has happened. The chaos that follows this crash will put demands on humanity on a scale we have never witnessed. It will be very difficult to structure new ways of distributing the goods from this bountiful planet. But it is possible and it will happen. The only system that will not have a role in the new economy, to distribute justly our resources so that all men have at least will have the basics for survival, will be capitalism. To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
