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Future Shock Scenario
baydawg
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0
10-15-2009 7:49 PM
34 views
tags:
scenario
,
future
,
predictions
,
war on the middle class
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/3c0e272f-19d1-4f68-94b4-8aecda3ef9e4/EBB75086-3BBE-4C85-8684-11AD9F032CDC/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html" href="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html" style="font-size: 11px;">globalguerrillas.typepad.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html">It's VERY likely that over the next decade we are going to see the dollar fall to less than half of its current value (half is an optimistic assumption) as compared to global currencies. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html"> This depreciation and the loss of reserve currency status will have the following effects:</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html">It will make US government debt very expensive. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html">Costs for the middle class will skyrocket. The ongoing depopulation/depletion of the middle class participating in the global economy will accelerate</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html"><li style="margin-left:16px;padding-left: 0px;">Locally produced goods/services will become VERY competitive with globally/nationally sourced goods. Why? Energy costs will zoom.</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://globalguerrillas.typepad.com/globalguerrillas/2009/10/rc-journal-the-dollar-crump.html">communities that physically produce food, energy, services, security, and products at the local level and share info/insight/R&D virtually on a global level will enjoy prosperity. The penalty for those communities that don't prepare for this shift are extreme -- <EM>favela</EM>ization and black globalization/global guerrillas await.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/EBB75086-3BBE-4C85-8684-11AD9F032CDC/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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