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Barry Carter writes: With the Agricultural Age to Industrial Age shift, the Revolutionary and Civil Wars were intense breakpoint bangs. Before the short intense bang there was one system and after the bang a completely different system. With social breakpoint, pressure builds for change. This change is resisted and held in check and then, with a bang, it breaks like a dam which has filled for years. There are many ways that our society could slip into a hellish road warrior era; terrorist attacks on major cities with nuclear weapons, terrorist attacks on our information technology infrastructure, or racial division. The bankruptcy of the United States' federal government is another candidate. In earlier chapters it was shown that bankruptcy of centralized wealth creation is almost certain unless we have fundamental change. If the United States federal government were to go bankrupt this would be the bang, not just for the United States but for the entire world. How could this happen? Let's look at a theoretical example. The following scenario is pure speculation. Though federal government bankruptcy is inevitable unless we drastically change direction, the likelihood that things will unfold as defined here is quite remote. The point, however, is that regardless of how it happens, a federal government bankruptcy would be our breakpoint to either the new civilization or to a hellish road warrior era. (08/02/02) |
