Doug wrote: >Or a negative black swan, pardon me for pointing out what might happen. >The blackest of black swans.
It is quite possible that we falter over the next two years, sliding back into depression. One of the most depressing figures is that the average GDP growth rate for the last 30 years will result in unemployment increasing, since we need 3%/year growth to tread water. China will continue to rise, because planned economies work well with no surprises. We will have exhausted the wonders of invention and new possibilities that have fueled this nation since its start, and we will fall behind a ruthless dictatorship, who will bring a new world order. For example, our "green" cars are economical because China has an environment be damned technique for processing rare earths....and sells very cheaply because of that. We'll spend all of our money on things like bypass surgery for 90 years old Alzheimer patients. Palin will be President with a cowed Democratic minority rolling over and playing dead. The Hispanics and blacks will say a plague on both your houses, and not vote, and the poor whites (who I live amongst) will focus on the elitist tendencies of the Democrats and would rather have an economic than an intellectual elite rule. It's possible, but not probable, thankfully. This was predicted in the '80s remember. China has lotsa problems that it hides because it controls all media. I predict it will be the new Japan. And, the US still has abundant natural resources. What leftists can do to help is pick two piles: regulations and lawsuits that help and regulations and lawsuits that simply make practical plans politically impossible. The sad thing is that I think the author of Wingnuts is correct, more people will believe wild falsifiable ideas after they are falsified than deal with real possibilities. Dan M. _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
