Friday, August 30, 2013

Predictions from GlobalEurope Anticipation Bulletin

Global systemic crisis : The Impacts of the second shock

Historians will certainly consider the 2008 crisis as a warning shot ahead of that of 2013. All the world’s regions won’t be affected in the same way but all will suffer. According to LEAP/E2020 the stages of this second crisis can be summarised as follows:

– end 2013, financial impact: collapse of financial markets especially in the US and Japan. Banks can no longer be saved by States and bail-ins are put in place;

– end 2013-2014, spreading to the real economy: the financial impasse causes/reveals a major world recession and the reduction of international trade;

– 2014, social impact: the economic deterioration causes unemployment to explode, in the United States the dollar’s decline lowers the standard of living, riots mushroom everywhere;

– 2014, political crisis: the governments of the most affected countries are under fire for their handling of the crisis, forced resignations and early elections are expected, if not coups;

– 2014-2015, international management of the crisis: together Euroland and the BRICS impose a new international monetary system and lay down the bases of a new global governance;

– 2015: the least affected regions have exited the crisis definitively;

– 2018 : it will take the United States, the United Kingdom and Japan five years to purge themselves of the crisis with, ultimately, a greatly reduced standard of living and a considerable loss of global influence (resulting from their refusal to participate in the re-casting of global governance on new bases).

[more @ http://www.leap2020.eu/English_r25.html]

$ $ $ $ $ $ $ $

I repost what seems to be "bad news" because the US MSM is living in la-la land. Things are NOT rosy and peachy-keen, and it pays to be prepared for the day when reality finally comes knocking at our door.

No comments:

Post a Comment