Our conventional monetary system will not last long. This prediction is shared by almost every economist today: debt-based and interest-based money is an unstable system that is condemned to die from intrinsic congenital imbalance (for instance the market cannot follow the speed of interest-based debt to pay back). No one knows precisely when the big collapse is to be expected, but everyone agrees it will happen sooner than later. The current world wide monetary crisis, as well as the effects of monetary concentration, are one of those historic social alerts announcing the big crunch.
Tags:
Comment

Posted by Ernest Rando on May 24, 2012 at 3:00pm
Posted by Living Mandala on February 23, 2012 at 8:30pm
Posted by Gregory on December 2, 2011 at 5:12pm
Posted by Living Mandala on October 9, 2011 at 2:22pm
Posted by Living Mandala on October 9, 2011 at 1:30pm — 1 Comment
Started by John-Erik. Last reply by Gabriel Queener Aug 8, 2011.
Started by Permaship Aug 7, 2010.
Started by alphalo. Last reply by Evan Spurrell May 17, 2010.
Started by Joean Gomez Jan 20, 2010.
Started by alphalo Dec 14, 2009.
© 2012 Created by Jay Ma.
You need to be a member of Living Mandala to add comments!
Join Living Mandala