So what happens next? Something that most humans would agree is the "right course" (socializing aspects of the country to bring everyone out of poverty) takes its toll on a country's economy, especially when that economy is based on a fleeting representation of generating power that is neither scarce, nor is future proof.
.....
Do you believe that this is the fate of the first world as well? If the hyper-printed Euro and Dollar are a foregone conclusion, especially with our current mandate to support a massive older population with a Social Security fund that can't handle it, and overpriced medical care for people that willfully inflict ailments onto themselves via not exercising and overeating... do you believe that we will also see once prosperous middle and upper class neighborhoods turn into lynch mobs and madness? Or will the shepherds prevail in transitioning the flock into a system that doesn't price goods and services in energy costs (by substituting artificial scarcity)?
What happens next is intriguing. With the coming of 2015.75 there seem to be a number of factors swirling around that could contribute to the decline. It is said that in airline crashes a number of minor things need to go wrong in sequence for the accident to occur, the Swiss Cheese theory. Today in the EU we have:
Highly indebted countries
High levels of unemployment (esp Youth Unemployment).
The rise of left leaning parties, but also the rise of far right parties, both in reaction to the austerity driven status quo governments that have remained in charge since 2008
Unelected bureaucrats controlling the EU.
A massive refugee problem.
My take is that bombing the hell out of places like Iraq, Afghanistan, Syria, Libya etc etc for upwards of a decade means that "Allied" powers need to bear some responsibility for their disastrous, short sighted and ill researched 'invasions'. But I also acknowledge that helping costs money. So the problem is that nowhere has recovered economically quite enough to deal with the burden of supporting millions of displaced people. Already the welfare entitlements of the citizenry are unlikely to be honoured and there is little capacity (apart from can kicking) to accommodate millions more.
Will this increased burden break the economic back of a country or area? (and where will be first to crack?)
What happens if we have a further economic downturn in the meantime, or concurrently?
In which direction does government swing - further left or hard right?