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IPFS News Link • Economy - Economics USA

Barton Biggs: 1 in 10 Chance of Anarchy in the U.S.

Today, Paul Farrell quoted Barton Biggs as predicting the breakdown of civilization and anarchy: In his 2008 bestseller "Wealth, War and Wisdom" former Morgan Stanley research guru Barton Biggs warns us to prepare for a "breakdown of civilization ... Your safe haven must be self-sufficient and capable of growing some kind of food ... It should be well-stocked with seed, fertilizer, canned food, wine, medicine, clothes, etc ... A few rounds over the approaching brigands' heads would probably be a compelling persuader that there are easier farms to pillage." Biggs sounds like an anarchist militiaman. I haven't read Wealth, War and Wisdom, and I wanted to find out what Biggs is actually forecasting for the U.S. I found a recent (December 15th) interview in which Biggs gives specifics: Is what’s happening now in Dubai and Greece, for example, a canary in the coal mine? In Greece, there is real chaos and anarchy, with mobs on the street. If Dubai goes down the drain, there’s goi

1 Comments in Response to

Comment by Rocky Frisco
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Anarchy doesn't mean no law, no civilization. It means No King. The trouble with our country now is self-made kings, like our President, taking authority that is not theirs. The more they fix and adjust life in America, the worse it gets. We need to get rid of our leaders and rulers and replace them with representatives, according to our laws.