Posted on 12/20/2009 4:14:38 PM PST by LouAvul
Officials and Experts Warn of Crash-Induced Unrest
Numerous high-level officials and experts warn that the economic crisis could lead to unrest world-wide - even in developed countries:
Today, Moody's warned that future tax rises and spending cuts could trigger social unrest in a range of countries from the developing to the developed world, that in the coming years, evidence of social unrest and public tension may become just as important signs of whether a country will be able to adapt as traditional economic metrics, that a fiscal crisis remains a possibility for a leading economy, and that 2010 would be a tumultuous year for sovereign debt issuers.
The U.S. Army War College warned in 2008 November warned in a monograph [click on Policypointers pdf link to see the report] titled Known Unknowns: Unconventional Strategic Shocks in Defense Strategy Development of crash-induced unrest: The military must be prepared, the document warned, for a violent, strategic dislocation inside the United States, which could be provoked by unforeseen economic collapse, purposeful domestic resistance, pervasive public health emergencies or loss of functioning political and legal order.
The widespread civil violence, the document said, would force the defense establishment to reorient priorities in extremis to defend basic domestic order and human security. An American government and defense establishment lulled into complacency by a long-secure domestic order would be forced to rapidly divest some or most external security commitments in order to address rapidly expanding human insecurity at home, it went on.
Under the most extreme circumstances, this might include use of military force against hostile groups inside the United States. Further, DoD [the Department of Defense] would be, by necessity, an essential enabling hub for the continuity of political authority in a multi-state or nationwide civil conflict or disturbance, the document read.
Director of National Intelligence Dennis C. Blair said: "The global economic crisis ... already looms as the most serious one in decades, if not in centuries ... Economic crises increase the risk of regime-threatening instability if they are prolonged for a one- or two-year period," said Blair.
"And instability can loosen the fragile hold that many developing countries have on law and order, which can spill out in dangerous ways into the international community."***
"Statistical modeling shows that economic crises increase the risk of regime-threatening instability if they persist over a one-to-two-year period."***
The crisis has been ongoing for over a year, and economists are divided over whether and when we could hit bottom. Some even fear that the recession could further deepen and reach the level of the Great Depression.
Of course, all of us recall the dramatic political consequences wrought by the economic turmoil of the 1920s and 1930s in Europe, the instability, and high levels of violent extremism.
Blair made it clear that - while unrest was currently only happening in Europe - he was worried this could happen within the United States.
[See also this].
Former national security director Zbigniew Brzezinski warned "theres going to be growing conflict between the classes and if people are unemployed and really hurting, hell, there could be even riots."
The chairman of the Joint Chiefs of Staff warned the the financial crisis is the highest national security concern for the U.S., and warned that the fallout from the crisis could lead to of "greater instability". Others warning of crash-induced unrest include: The head of the World Trade Organization The head of the International Monetary Fund (and see this) The head of the World Bank Senator Christopher Dodd Congressman Ron Paul (radio interview on March 6, 2009)
Britian's MI5 security agency Leading economic historian Niall Ferguson Leading economist Marc Faber and billionaire investor Jim Rogers Leading economist Nouriel Roubini Leading economist John Williams Top trend researcher Gerald Calente European think tank Leap2020
Moody's warned that future tax rises and spending cuts could trigger social unrest in a range of countries from the developing to the developed world
You make some amazing statements with hardly a word...
Thanks. I'm more of a doer than a talker.
But... but have you done an online search lately?
It is quite startling, over a third of a million search results!!
"detention camps" (Obama's OR Obama) -Guantanamo -gitmo - Google Search
There are approximately 378,000 search results....
I wonder how much of the search retrieval stems from reliable sources???
I have read numerous reports all pretty much saying the same thing and reports that obama is preparing for civil war I don’t know about that one given the source is one of those Russian things but this article is appearing on several sites now I actually read this guy but was surprised to find it on Zero Hedge and it is something people should think about FOOD.
http://www.marketskeptics.com/2009/12/2010-food-crisis-for-dummies.html
and
Tarpley - Hyperinflation possible in 2010
http://eclipptv.com/viewVideo.php?video_id=9059
Gerald Celente - 2010 - Prepare for the Worse
http://eclipptv.com/viewVideo.php?video_id=9060
http://www.marketoracle.co.uk/Article15978.html
The countries that make up two thirds of the world’s agricultural output are experiencing drought conditions.
The following article is HIGHLY recommended for anyone trading in the commodities futures markets or interested in possible future outcomes in 2010.
“If you read any economic, financial, or political analysis for 2010 that doesnt mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse of the dollar, the treasury market, derivative markets, and the global financial system. The US will experience economic disintegration.
So far the crisis has been driven by the slow and steady increase in defaults on mortgages and other loans. This is about to change. What will drive the financial crisis in 2010 will be panic about food supplies and the dollars plunging value. Things will start moving fast.”
http://www.marketskeptics.com/2009/12/2010-food-crisis-for-dummies.html
The amount of your words may be limited but they speak volumes.
I consider reports of FEMA detention camps and the like similar to defense against an array of atomic weapons:
If 99% of the nukes are inert decoys, but 1% are live and get through your defenses, you still have a very large problem.
Pfft, if I posted 1/10th the information value you do, I'd be nominated for digital sainthood...
They're not worried about rioting among the "unemployed". They are worried about the welfare types the day the welfare checks don't come (or bounce).
could lead to ...... could trigger ...... may become .... remains a possibility .... which could be provoked ...... might include ...... if they are prolonged ..... can loosen .... can spill out ....... this could happen .... there could be ....... could lead to .....
The US military plays out endless hypothical scenarios all the time. They've even got a scenario in case we're invaded by Martians. This one just happened to hit the internet.
Yup. I know. I’ve had MarketSkeptics bookmarked for a while and check it regularly.
I need to get to the store and pick up another 50lbs or so of dried goods.
I highly recommend that everyone else does the same.
This article may be of interest to you.
ask “Why are 2009 home prices being kept artificially high?”
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.