The Imminent Collapse of the Financial System
I’ve been doing a lot of reading about the state of the current financial system in the world today. And I’m getting this sinking feeling about the whole thing. I’m beginning to develop the view that the current system cannot go on for much longer. It is so tipsy that it is not a matter of ‘if’ it will collapse anymore. Instead, it is just a matter of ‘when’. It would take a book by itself (and perhaps even more than one!) to explain the points in complete details. But I’ve decided to summarize the points for your benefits. I must forewarn you that this article is a bit longer and also more complex than the usual. It needs to be – we’re talking about the state of the current financial system here! |
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