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Post by jeffolie on Aug 3, 2013 16:23:38 GMT -6
"History is written by the Victors" .... spin by the corporatists victors flying a false flag of progressives has been very effective in avoiding the masses from rebelling against the wealth and income mostly going into the Type 1 rich consumers hands.
If I am correct about the stock market topping over the next 3 to 6 months followed by a horrible stock market fall taking about 2 years to reach a bottom area about 2016, at that point the spin most likely will fail to avoid massive gatherings and protests by the upcoming Greater Depression. My model for this remains the massive gatherings, activities and protests now seen in Spain where at present no hint of revolution by a new political movement can be seen. America's corporate run spin media channels such as radio, television and print publications can not avoid the internet, You Tube and Twitter channels.
Who, what political movement will champion a reaction against the corporatist spin now in control?
For example, in Italy the very popular anti establishment political movement named '' 5 Star " arose from a very popular internet comedian ... albeit a fascist. This internet based political movement now has a majority in the Italian lower equivalent to our House of Representations where the American conservations also are strong.
Will a NEW American political movement arise in the upcoming economic increased bad news from the American internet, Twitter, iphone texting young adults under economic stress living with their parents?
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Post by jeffolie on Aug 4, 2013 7:09:32 GMT -6
Long term my optimism remains based on economic history ... my favorite books cover the long term gains of capitalism
After the significant new upcoming Greater Depression starting about 2016 will come a new capitalism based 30 years of growth based on new industrial production methods and technology ... the next Greater Depression creates a 'Creative Destructionism' period allowing the rise of new industrial production and technology to overcome the currently entrenched capital cronyism and relationship ... like a forest fire that allows for the rebirth of new seeds that require a fire to eliminate the competition of the old forest and to crack the seeds hard shells, husks
Where will the next great growth arise?
Will it be in America or elsewhere?
History suggests the next capitalism growth may be elsewhere about 50% of the time such as America succeeding the UK AFTER WWII .
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Post by jeffolie on Aug 4, 2013 7:56:56 GMT -6
my jeffolie view features a very low chance of significant revolutionary change in America even during the upcoming Greater Depression. Americans most likely will hope that the next President who I predict will be Hillary may bring change BY WORKING INSIDE THE EXISTING SYSTEM rather than destroying any significant political relationship and without any revolutionary political changes. ... after corporatist Hillary fails to get America out from the upcoming predicted Greater Depression, then an opportunity for an internet based new political movement outside the existing political relationship can overcome the entrenched capital cronyism ... a new political movement perhaps about 2020 reacting against a failing Hillary's next victory and continuing hurting the most common Americans while attempting to aid the Type 1 rich consumers maintain what they can salvage.
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