Global Europe Anticipation Bulletin: Global systemic crisis Alert - Summer 2009: The US government defaults on its debt. | WHAT REALLY HAPPENED


Global Europe Anticipation Bulletin: Global systemic crisis Alert - Summer 2009: The US government defaults on its debt.

Therefore, as we repeated it on and on since 2006, this crisis is far more important, in terms of impact and outcome, than the 1929 crisis. Historically, we are the very first players, witnesses and/or victims of a crisis affecting the whole planet, in a situation of unprecedented interdependence of countries (resulting from twenty years of globalisation) and people (the level of urbanization - and related dependence for all the basic needs – water, food, energy… - is also unprecedented). However, the 1929 experience and all its dreadful outcome, is still vivid enough in our collective memories to hope, if citizens are vigilant and leaders clear-sighted, that we will be spared from a « remake » leading to major conflagration(s).

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA