The European capitalists will collapse and that will set the dominoes falling. Yes, there is a domino theory and its coming to a nation near you! Grab your lifeboats, folks, cause we are going over the waterfall. http://www.socialist.net/another-day-another-crisis.htm
The period opening up will be the stormiest period in world history. After 1933, the US economy recovered partially albeit slowly, although unemployment remained high, until a new slump in 1937. These were still the years of the Great Depression. There was no real recovery until the outbreak of the Second World War, based upon rearmament and war production. Although one period of capitalist development is different from another, we could be facing a very similar situation today. The Roaring Twenties prepared the way for the collapse of 1929 just as the credit boom and speculation led to the 2008-9 slump. Just as there was very little recovery in the 1930s, so we are facing years of stagnation and austerity today. The fundamental difference is that today world war is ruled out. American imperialism cannot even pacify Afghanistan, let alone go to war with China or Europe! In the Second World War, the capitalist system was able to purge itself of the crisis of over-production. Today, that is not an option. As a result, all the contractions will be internalized and reflect themselves in a ferocious struggle between the classes. The period opening up will be the stormiest period in world history.
The difference is that back in those days there were large and serious political movements ready to support alternatives to the current insane system, whereas nowadays they have been effectively repressed and excluded from discourse.
Right now there are 3 things I wish to buy (3D Panasonic TV & It's Webcam and Stereo sound / 3d blueray setup) Original Colt M16A1 Nam Era complete barreled upper) ( Romanian AKM) and all of these items are on special Sales and redily available (But the M16A1 upper & AKM rare model HAVE BEEN SCARCE and on my wish list for around a year ,yet now as the econemy tanks they pop up for sale again ...
