[ HT Displaced EMA ]
EIU (Economist Intelligence Unit) has issued a Special Report called Manning the Barricades. (Download the full PDF or view it on Scribd) The report details the political instability and violence that is about to sweep the globe.
I've been warning of violence on a grand scale as the global economy continues to deteriorate. (Most recently in the post There Will Be Blood.)
In Hyperinflation First, Then Global War I first presented the theory that global economic instability will lead to the sudden unraveling of even advanced ethnic assimilation and that internal ethnic unrest is likely to rapidly escalate into full-scale external conflict between nation states. In Global Violence, Gold: But Not Yet I got more specific. Then in Global Protests, Riots, Violence as Economies Unravel I explained some of the more ominous signs in Western and Eastern Europe.
I based my expectations of global violence on the theories and writings of Niall Ferguson.
EIU (Economist Intelligence Unit) has issued a Special Report called Manning the Barricades. (Download the full PDF or view it on Scribd) The report details the political instability and violence that is about to sweep the globe.
I've been warning of violence on a grand scale as the global economy continues to deteriorate. (Most recently in the post There Will Be Blood.)
In Hyperinflation First, Then Global War I first presented the theory that global economic instability will lead to the sudden unraveling of even advanced ethnic assimilation and that internal ethnic unrest is likely to rapidly escalate into full-scale external conflict between nation states. In Global Violence, Gold: But Not Yet I got more specific. Then in Global Protests, Riots, Violence as Economies Unravel I explained some of the more ominous signs in Western and Eastern Europe.
I based my expectations of global violence on the theories and writings of Niall Ferguson.
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10 comments:
well, I like where Canada and my friends the Scandanavians are , on the "stability" index. I see my Aussie and Japanese friends are similarly thought unlikely to freak out in a violent way.
And it appears that Greenland will continue to be a Land of Icy Quiet...
Unrelated -
Looks like a classic double top forming in U.S. equities today. I'm going short at SPX 796...
P.S. Ben - hope you dodged that gold steamroller... :-)
Just want to say thank you for the the link and the daily insight you give in your outstanding blog. Its a daily stop for me where most of the stuff out there is misinformation and 'propaganda'.
Hector
Or not, and I'm out....
i think you are doing the best when you steer clear of niall fergusons commentary,
i watched his whole series on the twentieth century and his basic premise is rubbish,
weirdly class issues, and conflagrations caused by vested interests and elites were simply absent in his analysis,
hitler might have killed jews in large numbers, but his first and most important target in terms of power and threat was the communists and social democrats,
labour
Realty Check here folks:
S&P up over 20% since March 9th. Thats good.....
Dollar is DOWN ~ 10% since March 9th...and makes everone else VERY HAPPY. Thats bad.
These markets are F'ed up beyond belief...and people will keep drinking the sand that things are better.
If they were, would the US, BOE, etc be printing money?
Printing money is just stronger drugs to treat the sickness... everyone is hopeful, but ultimately, the treatment is worse than the disease.
The Fed has no choice, the Dollar needs to drop 40% in order to absorb the rest of the bad debt. Its either that or sell more treasuries, which has dried up.
Problem is, when you aim for 40%, you often get 400%!
We have a few college students online from college of Eastern Illinois University and we love your blog postings, so well add your rss or news feed for them, Thanks and please post us and leave a comment back and well link to you. Thanks Jen , Blog Manager Eastern Illinois University.
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