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REPORT ABUSIVE REPLY
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Message Subject
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Can we stop the carnage? Current economy vs Great Depression.
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Poster Handle
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Anonymous Coward |
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Post Content
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I tend to think the economic period we are in is more akin to the first great depression rather than the second one, especially in terms of length and depth.
A truism of both great depressions is that they ended in a global conflict (WW1 and WW2 respectively) and it seems silly to think we could escape the same fate.
Quoting: Anonymous Coward 71137091 Sadly, I believe you're correct. So, how do you think it'll start? There are so many possibilities. Immigration, terrorism, religion, North Korea, Iran/Saudi, Russia/USA, etc. If you look at the other great depressions there is an element of vendettas being played out.. the French where p*ssed at the Germans post Franco-Prussian war and had to pay Germany huge war reparations during the first Great Depression just as Germany had to post second (1930s) Great depression.. those vendettas where the key to starting each world war.. If we look at today we are seeing similar vendetta being played out, Russia wanting to take out the US blaming her for the collapse of the Soviet Union and subsequent hardships faced by the Russian people, to enable a war a population has to feel they have a reason to destroy their enemy, the sanctions on Russia could play a major part in that leverage.. you also have the age old p*ssing contest in the ME with Iran and Saudi seeing an opportunity to be the big dog in the ME.. but even that flows back to who is behind each party.. For my mind the core drivers will be Russia and the US.. that kind of vendetta playing out on the world stage just leads to one thing, war. a great war. Yes. The big boys will move their chess pieces using smaller countries as their pawns, Iran, Saudi Arabia, etc. Until, Russia and the USA finally come to a battle of the Queens. Where would you say China comes in? Merely as the sneaky Knight of Russia's backing, or with a Queen and King of their own? And, what of France, England, Germany? In terms of China, if you look at the US, not meaning this is a nasty way as too many people seem to, but the US (rightly) used the first depression/WW1 to elevate their standing in the world and became the world number 1 economic power, they did the same in second depression/WW2 to become the worlds number 1 military power.. the 3rd objective to become the leading world power is financial reserve which came power Suez crisis.. that is the only point in which the US and UK confronted each other.. I would say if China is smart they would follow a similar pattern.. they can not confront the US directly, but will play all sides.. In terms of the UK, there have been some interesting moves since this depression started.. always worth following for those interested in these things, especially since Obama took power the UK has moved more towards China, you only have to see the UK and China releasing joint statements on Syria to see something is up there.. London has in my mind literally bet the bank on China.. no idea why given how so far apart we are.. but it is what is happening. Then you have things like the UK (outside of EU and NATO) going back to the entente cordial, always a worry when the UK and France do something like this, only seems to happen in the prelude to a great war.. in other words Britain and France have aligned themselves to the point in a matter of weeks the CJEF will be declared operational.. the CJEF is the combination of British/French militarys which on their own account for 50% of the EUs defense spending. Move like this outside of EU and NATO, just indicate to me the existing balance of power is broken.. which means something is in the offing..
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