I noticed yesterday that some international trade is stalling due to a disbelief in the credit notes being offered. You don't have to have much imagination to see what will happen if wheat harvests aren't distributed and the canadian harvest has been an early casualty.
Oil may have fallen in price, but the US demand hasn't let up and the dollar is falling steadily. Even $90/bl is too steep for many in a developing recession. In europe, things will happen more slwly cos the governments tend towards interventionist, but I'm not sure they will cope with the cascade of issues that are developing.
Because it's not just the economic crisis. It's not just globalisation. In two years as we come out of the El Nina and solar minimum we are back to global warming with a vengeance and greenland is in trouble now.
Much of southern europe has water issues, as does the US SW. London and the South East, where half of the UK population lives, is one bad summer away from deep undo-able shit cos the aquifers have no resilience left.
And if food starts going, then yea. REvolution. Not now, not this year or next probably. But if you keep shocking people with the extent of the elites inability to keep to the deal (see above) through incompetence and greed, then all bets are off. keep to the Fen Causeway
I agree that it will tend towards a form of authoritarian fascism in some areas, US & UK most likely. E Europe quite likely.
But as I don't believe in the possibility of egalitarian Revolution, authoitarianism is the only one on the table. You get egalitarianism through democratic evolution, but we kinda blew that 50 years back when we got smug and decided to ossify our politics in search of monsters under the bed. keep to the Fen Causeway
I never made a value judgement on the end result, I just said that either the elites would moderate their greed or there will, within a few years, be outbreaks of civil disorder that may become difficult to control.
?
This sounds like a judgment to me:
Would I condemn the tumbrils in such circumstances ? Rough justice is sometimes better than none when the scales move too far.
First you deny what you clearly said, then you refuse to acknowledge it when it's pointed out. Maybe you should have taken the opportunity to "finely tune and hone" your text :-) Maybe it's because I'm a Londoner - that I moved to Nice.
