London is on fire. A quarter million protesters have made their views heard in Israel. Riots and protest have been frequent over the past few months in Spain Greece, and Portugal. The Philippines and China have workers protesting over the cost of living and doing business. Syria is seeing riots.

All of these events are related to economic issues. Some may argue that the evil rich are hoarding their money and letting everyone else starve. Others may argue that we have reached a tipping point where the incentive no longer exists for the producers to produce due to increasingly heavy taxation. One thing is certain. The global economy is largely dependent upon the United States economy. That being said, where do you see the global economy moving in the next few year? Will civil unrest, violence, and uprisings continue? How does it end? Or is this all no more than a cycle and the global economy along with the civil unrest will correct itself with time?

Comments

  • Gary Russell

    It has gotten to the point where it would be appropriate to watch the news with the sound off, and Billy Joel’s “We Didn’t Start The Fire” blaring instead.

  • Gary Russell

    But… but… this can’t be happening!
    Whatever happened to:

    “…generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on Earth. This was the moment – this was the time – when we came together to remake this great nation so that it may always reflect our very best selves, and our highest ideals. Thank you, God Bless you, and may God Bless the United States of America.
    Obama’s Nomination Victory Speech In St. Paul June 3, 2008.

    • JE

      The tea party happened, it is all their fault…and then the mess george bush made is worse than we thought…and there are headwinds and speedbumps in the economy we didnt see coming…and obama wants to end all wars but the generals on the ground say we need to invade a few more countries without pulling any troops out of the ones we are in…but if you just elect obama for 4 more years where he doesnt have to keep going to all these fundraisers and can just focus on battling the evil tea party, then we can lower the sea level,feed the children, heal the sick, raise the dead, make little girls talk out of their heads. Cause he is The One.

      • Gary Russell

        Great, JE!

      • John Galt

        Certainly this is only a short-term crisis. Once the Obama administration’s fixes are in place, the world’s economy will surely turn around. Maybe the administraiton should consider passing a law that says no one can quit their jobs and companies must continue purchasing exactly what the purchased over the past 12 months so we at least keep the current level of economic acitivty alive. This is true, since we all know this is only a short-term crisis.

      • Alaina

        Come on guys… Give him a break… When he said “Change”, he didn’t mean change tomorrow.

  • Gary Russell

    Won’t the U.N. save us?