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Is the world economy headed towards collapse? KAMP NAGLLL
Is the world economy headed towards collapse, within the next 2 years, 5 years, 10 years or 20 years? If so, please explain what will trigger the collapse? The Euro-zone crisis, the US debt, the US federal reserve, resource scarcity, peak oil, etc cc| Ohm

The next likely new area to hit it will be Japan as it with it’s new government will be starting to follow the policies of the US Fed. The last shoe to drop is the US. Have all the political theatre of the „Fiscal Cliff“ which will be followed in some months again with the „Debt Ceiling“ theatre again, these aren‘t going to fix the problem. It’s a policy of kicking the can further with the Fed monetizing the debt (at least partially).The US will continue to finance it’s spending as long that the Fed can monetize the debt (as it is doing now) and the dollar still holds it’s value. Only when the markets revolt, when there is a dollar crisis, the needed harsh measures will be acted (and the can won‘t be kicked further down the road). Now spending cuts are simply whimsical efforts where actual cuts are agreed to be done in the far distant future or where cut spending increases are said to be spending cuts. But for now the bond market will stay on it’s course thanks to central bank. The fears of a deflationary collapse will subside when people do understand that central banks can print money as much as they want. Yet all this will take years. Usually the madness will remain far longer than anybody critical thought it could last. My personal estimate is that this crisis will happen before 2020, so in less than a decade.

Phosphorus (P), the morning star, and Hesperus (H), the evening star, are supposed to be identical. Because Phosphorus and Hesperus are really just one planet, Venus. So P is Venus in the morning, and H is Venus in the evening. The law of identity allows me substitute Venus in the morning for P, and Venus in the evening for H.

According to law of identity If H = P then every property of H has to be a property of P. Exists in the morning is a property of P. And exist in the morning is not a property of H. Therefore Phosphorus is not identical to Hesperus.

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straight talk
Language could be simple if it were not for the lies that have become necessary in a convoluted culture dominated by an exploitative economic system. To be covert, sinister, hidden, shim-sham, shyster, sell a bill of goods, the Brooklyn bridge if you will- to get over, to make it, to out wit and win over are all ways to describe the lies inherent to people who live within Capitalism.

What is wrong with people who expect politicians or authorities to be otherwise; To not also be victims and perpetuators of Capitalism. Why is it people are confused about authoritative figures like politicians taking advatage of their elected positions; as if they were not trained by capitalism- to get ahead and take advantage. Every capitalist continually looks to take advantage of a vulnerable situation and / or make the situation vulnerable toward an effort to take advantage. People must remove capitalism first before new expectations can reasonably arise.

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