The Most Convulsive Period In World History.....Period
THE TRANSITION FROM THE INDUSTRIAL AGE TO THE DIGITAL AGE.....
Western Europe and the United States are dependent on respective governments to spend massively in order to sustain economies....the spoiled sheep citizens simply view this as a way of life and a right.....but are we reaching the end of the road for an age gone by and the money has simply run out?
College Grads about to Flood Labor Market; Class of 2009 Still Without Jobs in Deep Trouble
300,000 UK Public Sector Jobs Face Axe; No Sacred Cows Including Quangos; What the Hell are Quangos?
32 States Borrow $37.8 Billion Total to Make Unemployment Payments; CA Tops List at $6.9 Billion; Bill to Extend Benefits Until DEC in Congress
The above are Mish's three most recent headlines...
Here is the dilema....if governments don't spend...millions lose jobs and countries crash into a depression.....if governments continue spending money they don't have.... money is worthless and countries crash into an even bigger depression.
You think governments are going to want to face the anger of their people with these two choices?
Crisis Imperils Liberal Benefits Long Expected by Europeans...
You can't take away expectations of sheep!!!!!
Not a very nice problem to have when you have hundreds of millions of people pissed off at you.....so how do you tell sheep the truth? YOU DON"T!!!!!
So what is going to distract the sheep into the Digital Age......
A major World War?
A massive natural disaster?
A "unforeseeable" economic disaster?
MAYBE ALL THREE!
NKOREAN LEADER AUTHORIZED ATTACK ON SOUTH
Hezbollah on high alert ahead of IDF drill - Israel News, Ynetnews
Multiple Earthquakes at Iceland Volcano Katla Today 5/21/10
For those that don't know, this is the much bigger sister of Eyjafjallajokull!..and historically they like to party together.
A month in, outrage over Gulf oil spill grows ...
Could you imagine the impact of the BP oil disaster with a war involving Iran and the effect on fuel prices? Could both Gulfs be shut down?
It is about time for the sheep to enter the Digital Age....it will be exciting....but you can bet something is just around the corner....a little later than I originally anticipated.