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Skybird · 12-31-16, 07:45 AM

You give another example for why I say that the next currency turmoils like in the late 20s last century will catch us much harder than back then. The infrastructure back then was such that the ripples and shockwaves worked slowly through the system, a system which limited the reach of these shockwaves somewhat anyway. Today, digitalization and globalization will multiply the speed of such events, any shockfront will hit us harder and more surprising and faster - and it will affect even more people, since specialisation and global trade chains a.) have dramatically reduced the keeping of reserves for emergencies, and b.) many more people are embedded and woven into the logistcs chain, the production chain, the trading chain. More people = more possible chances for failure, comparing to a chain with more links that could be weak, and break up. The likelihood of disastrous errors and breakdowns thus is much higher, and the consequences of even smaller mistakes are even bigger.

Add to this that many more "civilised" people today do not know how to plant food and when and how to harvest, do not know and have no skill and no permission to hunt, do not know and have never learned how to keep themselves alive by the land alone.

Any measures by any government to prevent mass starvation and total continetal disaster, will necessarily be of highly criminal nature themselves, violating basic human rights and former constitutional guarantees - else the lid could not be kept on the pressure cooker.

This scenario is the worst case scenario I fear most - and see as the most likely one. Compared to this main feature, terror bloodbaths like in Berlin or Paris, are relatively harmless supporting movies only, easy to not be affected by. Bright lights and loud sounds let them appear as bigger than they are. I fear central banks, finance ministers and politicians in general much, much more than any bomb-laying terrorist. And I say that as someone who has experienced a terror bomb attack live myself when I was young, 1986, I know how that feels.

12-31-16, 07:45 AM	#27
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 40,500 Downloads: 9 Uploads: 0	You give another example for why I say that the next currency turmoils like in the late 20s last century will catch us much harder than back then. The infrastructure back then was such that the ripples and shockwaves worked slowly through the system, a system which limited the reach of these shockwaves somewhat anyway. Today, digitalization and globalization will multiply the speed of such events, any shockfront will hit us harder and more surprising and faster - and it will affect even more people, since specialisation and global trade chains a.) have dramatically reduced the keeping of reserves for emergencies, and b.) many more people are embedded and woven into the logistcs chain, the production chain, the trading chain. More people = more possible chances for failure, comparing to a chain with more links that could be weak, and break up. The likelihood of disastrous errors and breakdowns thus is much higher, and the consequences of even smaller mistakes are even bigger. Add to this that many more "civilised" people today do not know how to plant food and when and how to harvest, do not know and have no skill and no permission to hunt, do not know and have never learned how to keep themselves alive by the land alone. Any measures by any government to prevent mass starvation and total continetal disaster, will necessarily be of highly criminal nature themselves, violating basic human rights and former constitutional guarantees - else the lid could not be kept on the pressure cooker. This scenario is the worst case scenario I fear most - and see as the most likely one. Compared to this main feature, terror bloodbaths like in Berlin or Paris, are relatively harmless supporting movies only, easy to not be affected by. Bright lights and loud sounds let them appear as bigger than they are. I fear central banks, finance ministers and politicians in general much, much more than any bomb-laying terrorist. And I say that as someone who has experienced a terror bomb attack live myself when I was young, 1986, I know how that feels. __________________ If you feel nuts, consult an expert.