We at the Institute of Alstrynomics have been working on our projections for the future......
If you understand the mathematics of our debt based monetary system that charges interest on loans...NEW money must be lent out into the system in sequentially larger amounts so the existing debt does not default.....very much like the mechanics of a Ponzi scheme.
It is the primary role of the banking system to make sure it lends out squentially more money or else there is really no reason to have a banking system.....historically, if the banks didn't lend, loans failed and the banks failed along side the debt....consquently, the interests of the banks and borrowers followed each other.
However, for the first time in American History, the government came in and bailed out the Wall Street banks but did basically nothing to bail out the debt.....as a result, even though the debt failed....which was mathematically certain to occur as the banks cut back lending.......THE BANKS AND BANKERS THRIVED......
and the bankers found new borrowers....Wall Street corporations and Washington. Consequently the property of the private citizens transferred to government and Wall Street....and more and more is transferring everyday.
From the bankers perspective, they didn't give a damn if the loans performed or not.....the losses were "protected" and the gains were booked.......the citizens were not so fortunate, they went broke when they couldn't perform on the loans....no bailout for the citizens, private businesses or small banks...
It is now clear that this outcome is the goal and policy of government and Wall Street...to essentially bankrupt the private sector economy of the United States and centralize power to Wall Street and Washingtion.
So where does this take us......NOT THE END OF THE WORLD.....so end of the worlders need not participate.
However, it is clearly the end of a democratic capitalistic system that defined America for the first few hundred years of its existence. America is becoming more and more Fascist...basically the integration of BIG business and Government.....and as more and more of the private sector shuts down...this is the mathematically certain outcome of the current policy as more and more consolidation takes place.
What will America look like?.....for many, not much different than it looks now.....BUT FOR MANY THAT PERCEIVE THEMSELVES TO BE WEALTHY.....America will be a very different place and your life will change dramtically.
First....as the current monetary system is now INSOLVENT.....current currency will likely see its end in the very foreseeable future...Warren Buffett, Benny The B and others have basically admitted as much.
What will the new currency be? simple, digital currency like it is now for over 42,000,000 million Americans receiving food stamps every month...just three years ago, it was much less than half this amount and the trend is clear. Within a few years, essentially all Americans will receive a allocation of digital credits each month from government.....and the Food will most likely be distributed by Walmart and a few select trucking companies.
In doing so, it will have a significant impact on our carbon footprint....and by limiting the choice of foods to healthier selections limited packaging....it will also dramatically lower the nation's healthcare costs going forward including significant reductions to important diseases like diabetes, heart ailments, and cancer.
As far as entertainment...much will morph to digital entertainment having a significant impact on packaging, plastic, and travel having a HUGE impact on our carbon footprint and waste. You have to admit, it is sorta strange to see the likes of Al Gore and other carbonistas flying around in their private jets and driving large engined vehicles......that can't happen if such behavior is to be systematized.
And that leaves us with the 'wealthy".....the only reason they are wealthy is because under the current system, they can consume more goods and services than their fellow citizens. But if you look around, much of what defines wealthy today will not in the future.....dollars, real estate, and shares of stock......and we are already well on our way down this path with real estate crashing and our monetary system becoming a government sanctioned fraud.......once the system morphed into an obvious fraud....it became inevitable that current money will soon be a fraud as well.
By the way, if the Insititute is correct...this trend will occur worldwide as governments will consolidate into a central government authority with nations of today morphing more into states belonging to a larger federation......
The benefits...more efficient distribution, consistency of laws, massive savings of consumption of natural resources with a focus on renewability, and the capability for worldwide growth while decreasing the liklihood of violent conflict as the means for production of weapons will be controlled.
Welcome to the Digital Age....I told you it was not the end of the world......and for those of you that think you are rich...life will change.....do you think this could be done without the current Zombulation policy? What most don't realize, as their current sole path to wealth is the stock market.......we are just one flash crash away from exactly what the Insitute is currently forecasting.
It's not too difficult to see.....really................................................FLASH!!!!!!!