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How's your French?

 
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RenewableCandy



Joined: 12 Sep 2007
Posts: 12592
Location: York

PostPosted: Mon May 21, 2018 1:35 pm    Post subject: How's your French? Reply with quote

Steve Keen, debt and zombies, as reported in 'Liberation' - crash in 12 - 36 months

Quote:
Néanmoins, étant donné le nombre élevé de zombies de la dette en l’état ou en devenir et l’aveuglement des gouvernements et de leurs conseillers économiques mainstream, l’inévitable krach qui se profile est susceptible de se produire au cours des douze à trente-six mois à venir.


http://www.liberation.fr/debats/2018/05/20/les-morts-vivants-de-la-dette-et-le-mega-krach-a-venir_1651464
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woodburner



Joined: 06 Apr 2009
Posts: 3727

PostPosted: Mon May 21, 2018 3:00 pm    Post subject: Reply with quote

Trouble is, the end of the world has been forecast over the centuries, and most here thoiught the collapse would come atround a decade ago, so we will have to see how accurate this one is.
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adam2
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Joined: 02 Jul 2007
Posts: 6656
Location: North Somerset

PostPosted: Mon May 21, 2018 4:00 pm    Post subject: Reply with quote

Agree. I suspect that the world as we know it will come to an unpleasant end, and whilst it COULD happen today, it is in my view unlikely to be that quick.
It can be interesting to go back through old posts on these forums and see just how many well thought out "dates of doom" have passed without much happening.

Nuclear TEOTWAWKI could happen at any time but is arguably a slightly lower risk now than a few years ago,

Climate change could well be an undoing of modern civilisation, but seems unlikely in only a few years.

Oil depletion is more likely IMHO to produce a gradual slide than a sudden crash.

Political upheavals, coups, revolts, wars, regime changes and the like may seem like TEOTWAWKI, to those directly affected but have little global impact as long as wars remain conventional.

Unknown unknowns include a pandemic, a determined cyber attack, or a severe solar storm. We have no relevant experience as to what would happen. Nor any real way of estimating the chances of it happening.
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fuzzy



Joined: 29 Nov 2013
Posts: 706
Location: The Marches, UK

PostPosted: Tue May 22, 2018 10:31 am    Post subject: Reply with quote

There is zero chance of a coup in the UK. The normans and city of london corp stopped that when they banned crossbows.

I've seen the future, and it's what we are told North Korea is like.
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emordnilap



Joined: 05 Sep 2007
Posts: 14114
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PostPosted: Tue May 22, 2018 10:46 am    Post subject: Reply with quote

A huge financial crash this year, possibly early next.
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