1. The Collapse Of The Euro-
2. China Bluff Exposed, Regime Overthrown- China's communist regime continued to print money, lending it to everybody that wanted and didn't want it. The giant housing, infrastructure, and manufacturing bubble came to a violent crash when the debts where not paid and inflation forced the authorities to tighten despite massive unemployment. The combination of high inflation and high unemployment in the urban centers took the people to the streets. The Chinese citizens refused to accept state intervention in the economy and their personal life demanding more personal and economic freedom resulting in prolonged civil unrest which almost reached a full scaled civil war. The collapse of the Chinese regime and economy resulted in a colossal bust for commodity prices, albeit temporarily, and caused a severe recession in Australia, Brazil, Russia, Argentina, and the Gulf States.
3. Despite China's Collapse Commodity Prices Turn Up Again- Just a year after China's colossal bust commodity prices resumed their up trend. General scarcity combined with large physical deficits and money printing worldwide caused commodity prices to go up despite a weak world economy. Investors and eventfully the public started to seriously question the legitimacy of fiat currencies around the world.
3. The Dollar remains strong via foreign fiat currencies but loses to gold, eventually the United States and then the world goes back to a Gold Standard- First it was the collapse of the Euro, then the collapse of China, after came the crisis in the emerging world and the commodity producing nations, and finally civil unrest around the globe. In the second decade of the 21st century the world discovered that the United Stated, with all its problems and weaknesses is still the safest heaven there is. But against Gold it lost big time.
4. The United States Remains World's Strongest Economy- In the second decade of the 21st century the United States was suffering. The economy was stagnating and was bouncing in and out from recessions and depressions. The military was involved in countless wars, and the personal and economic cost became unbearable. Beside that, the country suffered from record high crime rates, social unrest and political turmoil. But, the rest of the world was far worst. Europe has disintegrated, China has collapsed, Russia remained a corrupt and failed state and India remained a poor and corrupt country fighting terrorist groups. The world discovered that without the U.S locomotive the world economy couldn’t grow.
5. New Economic Term Developed, A Yo-Yo Depression- Throughout first 15 years of the 21st century investors and economists where debating heavily upon the economic environment. Is it deflation, inflation, stagflation or hyperinflation? Eventually, a new term emerged- Yo-Yo depression which describes an economic environment in which the economy moves violently every year or so from inflation to deflation.
http://israelfinanci...ext-decade.html
The coming decade
Started by
stocks
, Jul 23 2010 09:24 AM
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#1
Posted 23 July 2010 - 09:24 AM
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Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.










