Four Ticking Global Time-Bombs Few Even Hear
by Charles Hugh-Smith of OfTwoMinds blog,
ZeroHedge.com
10/19/2015
A few charts help us grasp the magnitude of the four global time-bombs.
The geopolitical and financial risks facing the global economy are well-known. Hot wars and currency meltdowns garner headlines around the world.
But few even hear, much less discuss, four ticking global time-bombs:
1. The demographic time-bomb.
2. The public health time-bomb.
3. The food/water/soil time-bomb.
4. The oil-export time-bomb.
Each is largely self-explanatory:
1. The demographic time-bomb: as the global economy melts down, the realization that the pensions and healthcare promised to hundreds of millions of elderly cannot be funded out of tax revenues will upend the social contract in countries rich and poor.
The Rest…HERE