There are three props to the inner connected world economy, the US, Euro zone, and China and all three are in desperate trouble. Even if the elites in Europe managed to kick the can down the road on Greece, can they play whack a mole with the other PIGS? Italy shows signs of having serious problems without the immediate obvious cause being contagion from Greece.
As you point out we have one year until the election and if any one of these three props gives way, the consequence will be nothing less than catastrophic because, as you again point out, we have no silver bullets left to fire.
Worse, in the intervening year a black swan event of almost any kind can precipitate an unraveling and one need only look to the Arab nightmare which this administration persists in calling the Arab spring for a likely source. But it need not be a man-made event, a tsunami, a hurricane, a volcano which interrupts commerce, a plague, are merely tokens for intrusions which could convert our vulnerability into chaos.
Let's look at this pessimistic picture from Obama's viewpoint. If he is as I believe a true Marxist who despises America and who wants to see it submerged into a George Soros' inspired world order, and if he knows, as you point out, that his election chances of becoming daily more desperate, his seemingly politically suicidal embrace of the WSO movement takes on a sinister aspect.
Normally the electorate reacts Post Hoc, Ergo Propter Hoc crediting the occupier of the Oval Office for the good and blaming him for the bad without regard actual causation. Most analysis of Obama's intentions assume this principle to be guiding his behavior. Suppose he reads the poll numbers and concludes that there is no possibility of winning the election so he is leapfrogging this reality to a atmosphere of chaos?
Perhaps he's not trying to win the election but to win the chaos?
