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"The unedited musings of a
recovering madman"
The Coming Global Depression
"Someone said once, if you say things enough
times they won't happen...that is my wish here."
Not to freak everyone out, but one view of the
futures that was presented by Barry Minkin at WFS was the one on
global depression.
I'm afraid I agree.
Now, I do believe it won't last long if indeed it does occur, yet
what I feel is that what may not occur as a depression will be
worse.
I write about it in my blog at: http://www.coachtoday.com called
"American Dream."
There are many reasons for learning how to govern your financial
future, the least of which is enough financial literacy that you can
protect your portfolio through options (one of the best ways in my
view).
The problem as I see it is that most people think the future is
going to be an extension of the past. This "future" is flawed.
Take these facts:
More books were published between 1990-2000, then all of history.
More information came online in 2001-2 than was created in all of
history.
Change is doubling every 10 years: this is exponential, non-linear
growth!
In my view, it is impossible to remain in the eye of the hurricane
for two reasons:
1. If "we" could, the turbulence created by others NOT remaining
would surely bring us out into the winds of change.
2. Demographics.
Demographics have become the lynchpin of our future, not just in
terms of feeding everyone--our population will stabilize at about 9
billion humans...it will NOT continue to grow.
HOWEVER, that is not the issue.
The issue is what does the current set of paradigms ASSUME in
regards to demographics?
A lot of short-sighted programs designed to passify voters in a
short-term democractic scenario.
The key to removing ourselves from the inherent danger of the past
and thus being flung into the turbulence of the demographic
hurricane is a longer term view, which includes a rear view mirror
and windshield!
Hence, I'm back full circle.
What do we as individuals and as a collective have as our purpose?
I'm not sure I can answer that for you, but for me, it means not
being blown off-course by the hurricane of shortsightedness and the
demographic tsunami bearing down on me.
I search continuously on the other side of complexity for
simplicity...complexity is a difficult mountain to climb. No one can
hide--that is the issue. No one will escape the "fallout" from this
hurricane--it will become everyone's problems whether they like it
or not.
My suggestion to you is to listen carefully to Minken's treatise. As
a long time member of the Stanford Research Institute, his
credibility is unquestioned.
In regards to Wellth MasterMIND, we continue to identify the tools
of this age and the next. Educating ourselves in the financial
literacy of the next economy is no different than learning word
processing 30 years ago.
If you fail to update your skills, then you best have the resources
available to marshall the appropriate response to the turbulence and
disruption on our doorstep.
Remember, this is NOT doom and gloom.
It is about taking personal responsibility for your actions
individually and collectively, internally and externally across all
dimensions. If you have ideas you would like to offer--ideas that
may be a part of this next economy skillset, please let me know, I
would like to include them in my research!
Now, here's the link to "The Coming Global Depression" by Barry
Minkin, presented at the 2003 World Future Society in San Francisco,
CA.
http://www.wellthmastermind.com/future
Mike Jay
http://www.wellthmastermind.com
The Wellth Mastermind Introduction & Vision:
Click
here to listen to the July 11, 2003 MasterMIND Call.
View the Introductory Slides
here
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