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RE: No, There Will Not Be Any Civil War In America

in #america7 years ago

I quite agree with abjectpermanence and hawaiiantater.

In 2008 the ruling class narrowly avoided a complete melt down of the banking system by unprecedented bailouts costing hundreds of billions. When the next economic collapse happens it will probably be of a much greater magnitude as the problems that caused the 2008 collapse have not been fixed. They have only been intensified many times over by the pursuit of a debt based economic model that has enriched the 1% to an amazing degree leading to a huge polarization of wealth in American society. Debt within the global economy has grown by tens of trillions which can never be payed back.
When the derivatives markets collapse they will take all with them. The resulting depression will decimate living standards for the working and middle class. There will be a class war in societies around the world as billions struggle to survive and elites fight to preserve their wealth from confiscation and themselves from being put in jail or worse.

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