SAN LUIS OBISPO, Calif. (MarketWatch) — The American Dream? Now a Global Nightmare? A ticking time bomb, a lethal virus spreading worldwide, could destroy the entire world, backfire, take down America and capitalism? Yes.
But, first, a little history: Five years ago Bill Gates and his Billionaires Club asked that question. But gave up. Here’s why.
Gates’ billionaires essentially asked: What do you think is the single, biggest ticking time bomb that will eventually take down global economies? The absolutely biggest one with a trigger mechanism that can ignite, set off a nuclear chain reaction that will throw a permanent wrench in global economic growth, ending capitalism, potentially destroying modern civilization as we know it.
Yes, that one. The one that — if not solved soon — renders all efforts to solve all other problems in the world irrelevant, futile and virtually impossible ever to solve. Yes, that one. What is the “big one?” Several alternative predictions have also been reported:
Complete story at - The American Dream turns into a Global Nightmare - Paul B. Farrell - MarketWatch
But, first, a little history: Five years ago Bill Gates and his Billionaires Club asked that question. But gave up. Here’s why.
Gates’ billionaires essentially asked: What do you think is the single, biggest ticking time bomb that will eventually take down global economies? The absolutely biggest one with a trigger mechanism that can ignite, set off a nuclear chain reaction that will throw a permanent wrench in global economic growth, ending capitalism, potentially destroying modern civilization as we know it.
Yes, that one. The one that — if not solved soon — renders all efforts to solve all other problems in the world irrelevant, futile and virtually impossible ever to solve. Yes, that one. What is the “big one?” Several alternative predictions have also been reported:
- Global wars? Pentagon warns warfare will define human life by 2020.
- Big Oil? Bill McKibben’s “End of Nature” prediction could ignite soon.
- Capitalism? Many progressives see capitalism destroying democracy.
- Inequality? Pope says inequality is the root of all social problems.
- Climate warming? 2,000 UN scientists warn humans are killing Earth.
- Technology? Robert Gordon says we can’t stop GDP falling to 1%.
Complete story at - The American Dream turns into a Global Nightmare - Paul B. Farrell - MarketWatch
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