END OF NATIONS!?! - Paul Saffo (forecaster) 01-11-2008 - Q&A Fragment

Fragment of an very interesting presentation on forecasting techniques where Paul Saffo gives a short insight of the future of nations.

Full Presentation:
As part of The Long Now Foundation's Seminars About Long-term Thinking, technology forecaster and strategist Paul Saffo presents Embracing Uncertainty: The Secret to Effective Forecasting.

http://fora.tv/2008/01/11/Paul_Saffo_Secret_to_Effective_Forecasting#chapter_01

Category:

Education

Tags:

• Nations
• Obama
• USA
• NWO
• Saffo
• Peter
• Schiff
• krugman
• stiglitz
• crises
• revolution
• environment
• global
• warming
• climate
• change
• city
• states
• world
• government
• forecast
• prophecy

[quadcatfly]

... and my welfare checks keep coming. I collect upward of 65K doing f@@k all !! Long live Nancy Pelosi !!!!

[Lingerfoot]

What about The North American Union and The Amero? Ron Paul and Jesse Ventura - 2012!

[madcubano1]

I agree, this is a economic and social crisis. The way out is to get our economy back on track through production/manufacturing.

Since American's have over-consumed for the last decade, we have to produce for the benefit of the rest of the world and pay off our debts.

Unfortunately, many things are conspiring against this. When our govt borrows money, this money is not available for the private sector. When our govt spends, it does so in areas that do not benefit our productive output.

[really12345]

You're right this is a crisis. Unprecedented in it's breadth.

The world is more economically interconnected than ever before, the U.S. is the biggest military power, economic, and creditor too and a much smaller peasant economy that the underdeveloped economies can fall back on.

This IS creating a social crisis.

As the communist manifesto observed 160 years ago

"the modern working class, who live only so long as they find work and who find work only so long as their labor increases capital"

[madcubano1]

Any country that uses a fiat currency eventually develops a govt that that spends more than it receives in taxes. The final outcome is always a unserviceable federal debt followed by hyperinflation and economic collapse.

The Euro is safe for the moment. However, many countries using the Euro already have enormous federal debts so it's simply a matter of time before they follow suit. Without constraints on spending it is a foregone conclusion.

[madcubano1]

Let me ask you this, how will the U.S. continue to pay for its military and everything else? Tax revenues do not cover the expenditures. That means that the US govt has to borrow money to pay for its expenditures. Once borrowing is no longer an option, the only way to pay for things is through the printing presses. You seem to know quite a bit about history, I'm sure your aware of the many countries that have done this in the past (Germany, USSR, Argentina, etc...).

[really12345]

Have the Basques in France taken the same form as the have in Spain, that of an oppressed nationality.

Scottish independence in the U.K. and Welch independence are unresolved issues.

Algeria unlike the rest has an independent nation.

These fights are related, being part of struggles against colonialism, and its modern outgrowth imperialism.

The Bolsheviks correctly pointed out that the struggle for independence is tied up with the struggle for socialism. The struggle of Labor vs. Capital

[ewrh78]

well

France - have basques too (more quite but same goals) ( + big Algerian-French minority)

GB - ve heard that the Scot want to get independend (???)

Italy - "Mezzogiorno" - problem (north rich - south poor)

[really12345]

Divisions within the E.U. are increasing. Not to mention Washington's display of force, by NATO, during the Balkan wars, The U.S. showed that it was the largest military power in Europe.

The U.S. gained an advantage over france invading Iraq. But the U.S. rulers need a stable base to assert their power from as Israel becomes a less reliable protectorate.

reserve currency, no one knows the future

appreciating yen = 38% drop in japanese exports last year

japan is the 4th largest exporter

[really12345]

What do you mean by separatists? I can think of Ireland in to britain and the basques to spain. But France? Italy?

China is somewhat different. After 1949 the Chinese revolution broke out and was concretized after the invasion of the Korean peninsula by several western powers still vying to divide up the world.

China's invasion of Tibet was to prevent the U.S. from attempting a counter-revolution from its soil.

Anti colonial struggles,and revolutionary upheavals were common there at the time