Is the world in a death spiral?

j-mac

j-mac

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Richard Duncan, formerly of the World Bank and chief economist at Blackhorse Asset Mgmt., says America's $16 trillion federal debt has escalated into a "death spiral, "as he told CNBC.

And it could result in a depression so severe that he doesn't "think our civilization could survive it."

And Duncan is not alone in warning that the U.S. economy may go into a "death spiral."

Since the recession, noted economists including Laurence Kotlikoff, a former member of President Reagan's Council of Economic Advisers, have come to similar conclusions.

Kotlikoff estimates the true fiscal gap is $211 trillion when unfunded entitlements like Social Security and Medicare are included.

However, while the debt crisis numbers are well known to most Americans, the economy hasn't suffered a major correction for almost 4 years.

So the questions remain: Is the threat of collapse for real? And if so, when?

A team of scientists, economists, and geopolitical analysts believes they have proof that the threat is indeed real - and the danger imminent.

One member of this team, Chris Martenson, a pathologist and former VP of a Fortune 300 company, explains their findings:

"We found an identical pattern in our debt, total credit market, and money supply that guarantees they're going to fail. This pattern is nearly the same as in any pyramid scheme, one that escalates exponentially fast before it collapses. Governments around the globe are chiefly responsible.

"And what's really disturbing about these findings is that the pattern isn't limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well."


According to Martenson: "These systems could all implode at the same time. Food, water, energy, money. Everything."

Another member of this team, Keith Fitz-Gerald, the president of The Fitz-Gerald Group, went on to explain their discoveries.

"What this pattern represents is a dangerous countdown clock that's quickly approaching zero. And when it does, the resulting chaos is going to crush Americans," Fitz-Gerald says.

Dr. Kent Moors, an adviser to 16 world governments on energy issues as well as a member of two U.S. State Department task forces on energy also voiced concerns over what he and his colleagues uncovered.

"Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life," Dr. Moors stated.

The work of this team garnered such attention, they were brought in front of the United Nations, UK Parliament, and numerous Fortune 500 companies to share much of their findings. Click on the short video above to see a sample.

"It's a pattern that's hard to see unless you understand the way a catastrophe like this gains traction," Dr. Moors says. "At first, it's almost impossible to perceive. Everything looks fine, just like in every pyramid scheme. Yet the insidious growth of the virus keeps doubling in size, over and over again - in shorter and shorter periods of time - until it hits unsustainable levels. And it collapses the system."

Martenson points to the U.S. total credit market debt as an example of this unnerving pattern.

"For 30 years - from the 1940s through the 1970s - our total credit market debt was moderate and entirely reasonable," he says. "But then in seven years, from 1970 to 1977, it quickly doubled. And then it doubled again in seven more years. Then five years to double a third time. And then it doubled two more times after that.

http://marklevinshow.com/goout.asp?...an-civilization-may-not-survive-death-spiral/
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So, are we? and what can be done about it?
 
j-mac said:
So, are we? and what can be done about it?
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nothing can be done about it. the worse things get, the more those in power will ignore us and our necessary demands at fixing the issue and implement their own ideas to fix things, which will inevitably make things worse. The best the liberals can do is surrender to the feds and move in to the FEMA camps when they come. The rest of us need to band together in groups with a couple years worth of supplies, guns, and ammo.
 
SmarterthanYou said:
nothing can be done about it. the worse things get, the more those in power will ignore us and our necessary demands at fixing the issue and implement their own ideas to fix things, which will inevitably make things worse. The best the liberals can do is surrender to the feds and move in to the FEMA camps when they come. The rest of us need to band together in groups with a couple years worth of supplies, guns, and ammo.
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I don't believe 'Nothing' can be done....There has to be something.
 
j-mac said:
I don't believe 'Nothing' can be done....There has to be something.
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There is.

you-should-kill-yourself-animated.gif
 
Bijou said:
Holy crap! Mac better reserve his flight!
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Flight? What makes you think I am like puss ass, whinny, punk ass liberals that all piss themselves over someone that doesn't think exactly as they do getting elected, then go all over the airwaves moaning about how scared they are, and contemplate moving to Canada, or Europe? That is what your side does....
 
j-mac said:
Flight? What makes you think I am like puss ass, whinny, punk ass liberals that all piss themselves over someone that doesn't think exactly as they do getting elected, then go all over the airwaves moaning about how scared they are, and contemplate moving to Canada, or Europe? That is what your side does....
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What does "your side" do?

Post conspiracy theories on the internet, forward ludicrous email chains to each other, and stock up on MREs, guns, and ammo....hilarious.
 
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