The Coming Collapse
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The Coming Collapse
Items related to economic problems, the potential collapse of Western economies, and possible solutions.
Curated by Mitchell Boden
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Forget Iran, Iraq, Ukraine, and Syria this is where WWIII will start

Forget Iran, Iraq, Ukraine, and Syria this is where WWIII will start | The Coming Collapse | Scoop.it
Should the rise of conflicts across the Middle East and Ukraine serve as a warning sign that something much more dangerous is approaching?
Mitchell Boden's insight:

"Jim Rickards, the CIA's Asymmetric Warfare Advisor, reveals that all 16 U.S. Intelligence Agencies have begun to prepare for World War III. And to make matters worse, his colleagues believe it could begin within the next 6 months."

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Can a Collapse of Global Civilization be Avoided?

Can a Collapse of Global Civilization be Avoided? | The Coming Collapse | Scoop.it
Virtually every past civilization has eventually undergone collapse, a loss of socio-political-economic complexity usually accompanied by a dramatic decline in population size. Some, like those of Egypt and China, have recovered from collapses at various stages; others, like that of Easter Island or the Classic Maya, were apparently permanent.

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The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan | Zero Hedge

The Nail In The Petrodollar Coffin: Gazprom Begins Accepting Payment For Oil In Ruble, Yuan | Zero Hedge | The Coming Collapse | Scoop.it
According to Russia's RIA Novosti, citing business daily Kommersant, Gazprom Neft has agreed to export 80,000 tons of oil from Novoportovskoye field in the Arctic; it will accept payment in rubles, and will also deliver oil via the Eastern Siberia-Pacific Ocean pipeline (ESPO), accepting payment in Chinese yuan for the transfers. Meaning Russia will export energy to either Europe or China, and receive payment in either Rubles or Yuan, in effect making the two currencies equivalent as far as the Eurasian axis is conerned, but most importantly, transact completely away from the US dollar thus, finally putin'(sic) in action the move for a Petrodollar-free world.
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Mitchell Boden's comment, August 28, 2014 11:49 AM
Every time ANY country has tried to move away from using the US dollar as their standard for international trade up until now the U.S. has intervened to either assassinate their leader, to fund a rebel uprising of some sort to destabilize their government, or to directly start a war with them in order to afterwards install some kind of puppet regime that would be more favorable to U.S. interests. So, if Russia were attempting to do this with anybody else except China then I would automatically expect World War 3 to begin right away - but because they're doing it with China.... well, that's 2 big fish working together, and there is no way in hell that we're going to be able to do the things to them that we have done to smaller countries like Iraq and Libya. So, you had better start making plans for the funeral now, because (mark my words) the reign of the United States as the world's predominant super power has just come to an end.
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Why Iceland Should Be in the News, But Is Not

Why Iceland Should Be in the News, But Is Not | The Coming Collapse | Scoop.it
Icelanders have quietly carried out a revolution by toppling a weak government, drafting a new constitution and seeking to jail those responsible for the countrys economic debacle.
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What the 1% Don't Want You to Know - YouTube

Economist Paul Krugman explains how the United States is becoming an oligarchy - the very system our founders revolted against. Visit the Bill Moyers site to...
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Are Robots the Newest Members of the Middle Class Or the End of It?

Are Robots the Newest Members of the Middle Class Or the End of It? | The Coming Collapse | Scoop.it
The middle class was once defined by the work one did. If a robot does that job, has it joined the social class as well?

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Possible Basic Income supporter, Peter Diamandis of the X Prize, hosts an AMA on July 11 : BasicIncome

Here's an interesting [Q&A with Peter Diamandis](https://www.youtube.com/watch?v=sXdA1lP7DKY) in which he favorably refers to the book, "Robots Will S...
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Welcome, Robot Overlords. Please Don't Fire Us?

Welcome, Robot Overlords. Please Don't Fire Us? | The Coming Collapse | Scoop.it
Smart machines probably won't kill us all—but they'll definitely take our jobs, and sooner than you think.
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Activist Post: Central Banks Are Secretly Buying Up the World's Corporations

Activist Post: Central Banks Are Secretly Buying Up the World's Corporations | The Coming Collapse | Scoop.it

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The Rich and Their Robots Are About to Make Half the World's Jobs Disappear

The Rich and Their Robots Are About to Make Half the World's Jobs Disappear | The Coming Collapse | Scoop.it
So where does that leave the world's working class?
Mitchell Boden's insight:

And this is why Capitalism is soon doomed to fail. 

"- to ensure that the 99 percent of tomorrow benefit from still-accelerating technology, we're going to have to push for policy adjustments that adapt to our mechanized world. Radical income redistribution is probably in order, even a minimum guaranteed income; ideas unlikely to prove popular to the corporate titans used to reaping outsized rewards."

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The open source revolution is coming and it will conquer the 1% - ex CIA spy

The open source revolution is coming and it will conquer the 1% - ex CIA spy | The Coming Collapse | Scoop.it
Nafeez Ahmed: The man who trained more than 66 countries in open source methods calls for re-invention of intelligence to re-engineer Earth
Mitchell Boden's insight:

A long, but excellent article on how the "open source" paradigm will very likely change EVERYTHING in the coming years.

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Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed - Obama Signs Sanctions Anyway

Russia Threatens to Drop The Dollar and Crash The U.S. Economy if Sanctions Are Imposed - Obama Signs Sanctions Anyway | The Coming Collapse | Scoop.it
Is Russia bluffing, or is the world as we know it about to change for ever?
Mitchell Boden's insight:

Shit's about to get real.

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Part I: The Wolves of Psycho Street: America's Economic Enslavement by the Psychopathic Corporate Elite

Part I: The Wolves of Psycho Street: America's Economic Enslavement by the Psychopathic Corporate Elite | The Coming Collapse | Scoop.it
Richard Gale & Gary Null RINF Alternative News Is it only me or is there something fundamentally flawed with the people who are running our government?

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The Coming Revolution: Evolutionary Leap or Descent Into Chaos and Violence?

The Coming Revolution: Evolutionary Leap or Descent Into Chaos and Violence? | The Coming Collapse | Scoop.it
After extensive research, it is clear that we don't have much time left before we descend into chaos. If we want to change things through nonviolent methods, the window of opportunity is closing f...

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Growing Social Inequality in America. Wealth Concentration and Decline in Living Standards

Growing Social Inequality in America. Wealth Concentration and Decline in Living Standards | The Coming Collapse | Scoop.it
The yearly income of a typical US household dropped by a massive 12 percent, or $6,400, in the six years between 2007 and 2013. This is just one of the findings of the 2013 Federal Reserve Survey o...
Mitchell Boden's insight:

Not surprisingly, the Fed report has been buried by the American media, confined to the inside pages of major newspapers.

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Basic Income: Bots are going to force the issue | Dan Ballard

Basic Income: Bots are going to force the issue | Dan Ballard | The Coming Collapse | Scoop.it

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It's Official: Being Poor in America Has Been Outlawed | The Daily Sheeple

It's Official: Being Poor in America Has Been Outlawed | The Daily Sheeple | The Coming Collapse | Scoop.it
I shudder to think of how future generations will judge our society. We've become a nation that discards our poor like they are trash, and anyone who doesn't “fit in” is segregated from the herd.

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How The Rich Keep Getting Richer - YouTube

Richie Rich Gets Richer: The widening gap between the world's rich and poor For downloads and more information visit: http://www.journeyman.tv/?lid=63948 As ...

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This Kid Made an App That Exposes Sellout Politicians | VICE United States

This Kid Made an App That Exposes Sellout Politicians | VICE United States | The Coming Collapse | Scoop.it
With US politics swimming in so much corporate money that it's pretty much an oligarchy, it can be hard to keep track of all the corruption. Luckily, there's an app for that.

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The Pitchforks Are Coming… For Us Plutocrats

The Pitchforks Are Coming… For Us Plutocrats | The Coming Collapse | Scoop.it
Memo: From Nick HanauerTo: My Fellow ZillionairesYou probably don’t know me, but like you I am one of those .01%ers, a proud and unapologetic capitalist. I have founded, co-founded and funded more than 30 companies across a range of industries—from itsy-bitsy ones like the night club I started in my 20s to giant ones like Amazon.com, for...
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The United States Of Debt: Total Debt In America Hits A New Record High Of Nearly 60 Trillion Dollars | Zero Hedge

The United States Of Debt: Total Debt In America Hits A New Record High Of Nearly 60 Trillion Dollars | Zero Hedge | The Coming Collapse | Scoop.it
What would you say if we told you that Americans are nearly 60 trillion dollars in debt?  Well, it is true.  When you total up all forms of debt including government debt, business debt, mortgage debt and consumer debt, we are 59.4 trillion dollars in debt. 2008 should have been a major wake up call that resulted in massive changes. But instead, our leaders just patched up the old system and reinflated the old bubbles so that they are now even larger than they were before. They assure us that they know exactly what they are doing and that everything will be just fine. Unfortunately, they are dead wrong.
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Technologies of Abundance and the Fairytale of Jobs - Transhumanity.net

Technologies of Abundance and the Fairytale of Jobs - Transhumanity.net | The Coming Collapse | Scoop.it
by Extropia DaSilva As robots slowly become more capable, the realization that our relationship with work must undergo radical review is spreading. Mostly, thoughts turn to the link between jobs and wages. Proposals are put forward, such as the introduction of a guaranteed basic income or a moneyless society, as possible solutions for a time when the rise of automation will make human beings- in employable terms at least- truly…

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More evidence that giving poor people money is a great cure for poverty

More evidence that giving poor people money is a great cure for poverty | The Coming Collapse | Scoop.it
A new World Bank study shows that, contrary to stereotypes, poor people don't waste cash assistance on booze and cigarettes. So why aren't we giving more of our aid in cash?
Mitchell Boden's insight:

#BIG #UBI #BasicIncome #Socialism  @Khannea Suntzu

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Groups Appeal to UN for 'Humanity' as Detroit Shuts Off Water to Thousands

Groups Appeal to UN for 'Humanity' as Detroit Shuts Off Water to Thousands | The Coming Collapse | Scoop.it
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