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News Link • Economy - International

Guest Post: System Reset 2014-2015


The global financial system will reset in 2014-2015, regardless of official pronouncements and financial media propaganda hyping the "recovery." Despite the wide spectrum of forecasts (from rosy to stormy), nobody knows precisely what will transpire in 2014-2015, so we must remain circumspect about any and all predictions-- especially our own.

Even as we are mindful of the risks of a forecast being wrong (and the righteous humility that befits any analysis), it seems increasingly self-evident that financial systems around the world are reaching extremes that generally presage violent resets to new equilibria--typically at much lower levels of complexity and energy consumption.

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