Years of social unrest on the horizon if economies fall like dominoes
J. D. Heyes
Friday, December 2, 2011
Have you been paying attention to the economic collapse of Europe? How about the rising debt of the United States? If not, you should be, because these events are very likely to have a real effect on your future quality of life and safety.
Last week leaders from the world’s top 20 economies were warned that a social tsunami is coming if their economies tank in the form of massive unrest that could even lead to the collapse of some governments.
The United Nations International Labor Organization says souring economies will bring the loss of millions of jobs, a phenomenon that is likely to trigger social chaos on an unprecedented scale. Think of the Occupy Wall Street protests on steroids.
The UN agency austerity measures being taken by some overextended European nations – Greece, Italy, and Portugal, to name a few – have already triggered angry protests. When those measures are ramped up, to bring bloated Eurozone budgets into line with reality, the frustration is only going to rise, and so are the protests for widespread unrest.