The last abode: Mammalian optimism and perseverence

The most pessimistic viewpoint on global economy, but not a bit unfounded.  Logic leads us there, only a mammalian optimism can hold it back.  Look at the presentation in the end. The real issue is that for 99% of population it will be a shock.  They may be pessimistic, but are unaware of the gravity of the situation.

http://www.zerohedge.com/news/big-reset-2012-and-2013-will-usher-end-scariest-presentation-ever

 

This one is equally pessimistic.

http://gainspainscapital.com/?p=1777

 

A retiring World Bank president doesn’t think differently either.

http://www.dailymail.co.uk/news/article-2153324/Markets-facing-rerun-Great-Panic-2008-Head-World-Bank-warns-Europe-heading-danger-zone-bleakest-day-global-economy-year.html

 

Look at the below article.  From last year’s report, things have deteriorated on the similar lines as predicted by most experts in the financial markets.  There has been a mini bank run in France, a significant one in Greece and a full fledged bank run is perhaps just a rumor or a jolt away in some countries in Europe.

http://www.marketwatch.com/story/sovereign-debt-spiral-seen-imperiling-europe-2011-09-23?pagenumber=1

 

And governments are helpless also (apart from the fact that they are out of ammunition) because political changes this year are many and all point to decreased global co-operation, international trade and widespread resentment.  Nothing is unrelated.  The world is silently going through a severe political turmoil at the worst time in our lifetime.

http://www.economist.com/blogs/dailychart/2012/01/leadership-elections-2012

 

After all, what some have been harping with the idea that there is indeed a limit to growth.  That is what history teaches us.  All predictions so far of the “limits to growth” have been true over last 40 years!  2011-2012 was predicted 40 years ago to be a period of severe economic decline.  From here on, if they are right, which I believe except that it might not happen as predicted, a few years here or there, we are staring at an eventful 30-40 years ahead.

https://www.commondreams.org/headline/2012/04/06-2

 

But it is our desire to survive, a mammalian optimism and human race’s perseverance, which has proved every proponent of “This time is different” wrong, is the last abode.  Hopefully we will get through this as well and flourish as we have in the known history.

http://public.wsu.edu/~taflinge/biology.html