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1/23/2014

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THE FUTURE...FINANCIAL COLLAPSE OR WORLD WAR?

The future? The most difficult article to write is about what the future holds. It's difficult for the layman or often even knowledgeable people to comprehend. Investors are still making huge profits as the stock markets escalate to record highs. Professional managers are demanding and being paid millions to manage and administer corporations often leaving the company with huge payouts after being unable to improve the bottom line to the satisfaction of shareholders. It's also difficult to believe the corporations these people are directing could be less than successful when shareholders earn millions while workers are cut and struggling after losing high paying jobs.

But those are some of the issues appearing to challenge reason, logic or even accountability. Governments are no longer representative of the people. At least individual elected members of all the parties realize getting a cabinet post or even funding for future elections depends on party agenda loyalty at every level. Changing government at election time never makes an appreciable difference. Once installed into power whether as a majority or even a minority the rule becomes political survival at all costs. When voters have only the current rather than originally structure government representation the party has become the reason for the continued existence of all members. Like everything else in the world the only way for change to happen is either financial collapse or worldwide armed conflict. Both scenarios are beyond frightening to people living in the most affluence nations. The situation is much more dire and immediate in the poorer or less financially and politically stable countries.

Both scenarios are within the realm of possibility. Newscasts by every western media regularly send confusing information from interviews with media analysts, political party faithful, corporate pitch people, political party attackers and partisan so-called journalists. Every broadcast although claiming fairness and balance send out less than non partisan information. In most nations the lost art of negotiating to solve problems is leading to a great deal of bloodshed and discontent reported by those same media outlets.

The other scenario of a major war happening is more than a remote possibility if anyone with an ability to comprehend news reports follows the news. A recent media report revealed that China and Japan are at odds and flexing military might muscles over a group of neighboring islands with America siding with the Japanese. The article stated the Chinese still considers Japan an enemy of sorts remembering the 1930’s invasion and subsequent occupation.

On the other side of the world the Russians are often difficult from the Western Alliance standpoint while Eastern Europeans remembering the Soviet years of occupation and influence are demonstrating and building opposition parties in several countries. India and Pakistan have been a state of semi war since the Pakistani’s declared independence while Central Africa is reportedly a cauldron of revolutionary wars.

All the scenarios play into the fluctuating economic well being of almost every nation large or small. The fact that so many countries owe or are owed so much money by other countries and such a small percentage of people in all those countries control so much of the nation’s wealth is reason to wonder about the future.  

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    Robert Gordon is a published author, essayist and political blogger. Owner editor and publisher of Espanola's Mid-North Monitor from 1978 through 1997 Robert "Bob" Gordon is also a former Northern Affairs Officer, Ontario Ministry of Labour Employment Standards and Conciliation Officer. I am also author of six published books highlighted on this site.

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