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"The world system is breaking down. In America:
1. The lower education/union bubble
2. The higher education bubble
3. The real estate bubble
4. Not enough oil production
5. Drug Prohibition is being recognized as a failure
6. Insufficient food production to support the world system.
7. The Green bubble
8. Unsustainable Social Security, Medicare, Medicaid, etc.
9. The Democrat party is near a collapse point. Wisconsin is the leading indicator
10. etc
Europe - similar to the above without oil resources plus a Muslim problem.
In the Middle East:
1. Islam is breaking down due to the Internet/cell phones
2. It will not go quietly
3. Muslim Brotherhood etc.
4. Not enough food production
5. Dictators R us
6. etc.
China
1. Food
2. The Jasmine Revolution
3. Internet/cell phones - see Jasmine Revolution
4. One Party rule - like the Democrats in America only worse
India - I'm going to have to study more. Probably much of the above plus an Islam problem going back at least 500 years only partially resolved with the India/Pakistan partition.
No doubt much more.
The world system is breaking down. Much of the old system that we have been carrying is unsupportable. It will be a better system once the old order is gone. The old order will not go without a fight.
Texas is designing a degree system that will cost the student $10,000. I don't see why the cost shouldn't be more on the order of $2,000. We have the Internet.
The US is well positioned with its TEA Parties to come out on top of this upheaval. But it will not be pretty here either."
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