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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (21494)	7/24/2009 11:51:28 AM
From: carranza2	Read Replies (1) \| Respond to of 71441

I have a real problem with suggesting that the Soviet experience - diminished energy production causing economic collapse while at the same time preceding it - will necessarily be the global experience. Or the American experience. I don't think he has done anything to validate the notion that a collapse in energy production precedes the economic collapse. I think the mismanaged Soviet economy certainly played a significant part in the economic collapse and really wonder why he doesn't even acknowledge it. It's too simple, too convenient. It does not take into account an enormous number of factors which are potentially relevant. This kind of Grand Theory of Collapse requires more examination, more study and, most important, a few corroborating historical examples in addition to that provided by the USSR. Who knows, he may be right, but he is not very convincing.