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Strategies & Market Trends : A Y2K (Year 2000) Depression Worldwide Crash
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To: gizelle otero who wrote ()10/9/1998 10:43:00 AM
From: mrknowitall  Read Replies (1) of 28
 
gizelle - interesting treatise, but . . .

The return to communism would require re-management of economies that are no longer manageable - the cat is out of the bag, so to speak, and the infrastructure to regain control doesn't exist.

re: "The breakdown of our tax system as citizens refuse to pay their taxes, starting in 2000." We (the vast majority, that is)are far too timid to engage in such revolutionary behavior.

re: "Socialism spreading across the country. The creation of a new "slave population" of debtor-citizens who are not allowed to declare personal bankruptcy under tougher bankruptcy laws." Socialism, in a number of guises, is already alive and well and the slave population is already created - the middle and upper middle class from which the government confiscates ever-increasing percentages of wealth to redistribute. Bankruptcies are almost universally a result of over-extension of credit, but loose credit is something that has helped to fuel our economic growth of the last few years. I don't see any further tightening of bankruptcy laws in the near, or even distant future.

The only one of the items you posit that seems to be a logically sound potential is number 8 - the threat of terrorism reaching the US, particularly via biological means, is of grave concern, but I doubt Y2K has any relevance to it.

Mr. K. (For my new acquaintances, "Mr. Knowitall" is as a result of someone else already having taken "Bullwinkle.")
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