Wednesday, July 20, 2016
We've Entered an Era of Rising Instability and Uncertainty
By Charles Hugh Smith and originally published at charleshughsmith.blogspot.com
Ever higher prices for what I call the FEW Essentials: food, energy and water.
Ever larger government deficits which end in bankruptcy/repudiation of debts/new issue of currency.
Rising property/violent crime and illegitimacy.
Rising interest rates (currently considered "impossible").
Rising income inequality in favor of capital over labor.
Continued debasement of the currency.
Rising volatility of prices.
Rising political unrest and turmoil (see "Revolution").