"Just when you thought you have read the most negative articles and predictions possible, you stumble across a whole other level of negativity. James Petras, a Bartle Professor (Emeritus) of Sociology at Binghamton University, New York, just released a piece called the “Doomsday View of 2012“.
He kicks it off with feel good Christmas Eve spirit:
The economic, political and social outlook for 2012 is profoundly negative. The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Though even here their predictions understate the scope and depth of the crises.
And the highlights of the events to come in 2012:
He kicks it off with feel good Christmas Eve spirit:
The economic, political and social outlook for 2012 is profoundly negative. The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Though even here their predictions understate the scope and depth of the crises.
And the highlights of the events to come in 2012:
- The Collapse of the European Union
- The US: The Recession Returns with a Vengeance..."
