The Coming Collapse: “We Can Buy Time, But We Can’t Change the Outcome”

We no longer have a government that is by the people and for the people, when we have no food to eat and no jobs, then we will overturn the government and start over....

Washington governs by crises .........time to take our torches to Washington......

there's no such thing as "forever" in this universe, the only constant is "change".

Along this line, the US government should also adopt the laissez-faire strategy in handling foreign affairs. We are being too nosy.

In history each civilization rise then fall in time. The main questions are when and in our case how hard.
As you can see the U.S.A. is in the process of falling from the number 1 nation in the world to something less. Please compare the USA to the Roman Empire during its downfall over centuries ours will take decades if we are lucky.

40 years from now? THE PROBLEM IS RIGHT NOW! What is this "future problem" nonsense.

IT IS HERE RIGHT NOW! WAKE UP PEOPLE!!!!!

Collapse is what happens when you worship the false god of money.

No one can offer you a life of ease and mental tranquility without extreme hard work and the ability and desire to to excel and take frightening risks. Its the lie that you can lay back in life and excel that is ruining our economy, educational system, and entitlement programs.

All these problems could be fix by installing a tariff on imports to replace all income tax. The combination of loss of manufacturing jobs and cheap immigrant labor has caused the loss of the US labor machine.

Middle class people buy stuff, they don't hoard money.

The US has the most lucrative buyers market in the world. Giving it away is stupid.

Todays crisis started a long time ago just before the days of Reagan. The government /business etc have been applying "bandaids" over and over adnauseum. The "bandaids" are no longer sticking and giving us all the illusion that all is well. There are many solutions. Reforming insurance and not allowing the ridiculous profits would be a nice start. I am personally looking outside of this country for at least part-time retirement. We need politicians that have big enough cajones to stand up to the health ins. /oil big corp. etc.

Congress doesn't know how to manage even $1 of it's income.
Force congress to stop overdrawing their checking account every day.
Limit congressional spending to 94% of their income (which is about $5Bill. a day).
That would enable them to use 3% to pay down the debt and 3% to cut taxes and build a reserve fund for emergencies. This would also eliminate the deficit.
Do this every year until the debt is gone. This will save $1 Billion a day that congress is wasting on interest on the debt.
America needs a debt target of zero.

The demographic wave of the Baby Boomer retirement will overwhelm the entitlement system, period. Their fica tax payments were spent and my generation is too small to pay the bill. Buckle up for a wild ride...

Just as making bad decisions slowly put us in this dismal shape we find ourselves in making good decisions can slowly put us back in the right direction. Our first step is to find a way to replace the leaders that prefer the wrong track with those strong enough to opt for the right track. Our process of electing officials is rigged against us being able to elect the best candidate by giving Iowa and New Hampshire the power to eliminate the better candidates in favor of the seemingly populist candidate. Here is where it is rigged as the candidate willing to please everyone is incapable of making right track decisions going against the populists. We need 4 rotating regional primaries letting everyone vote for every candidate in order to have any chance of saving ourselves.

All of the problems this "Leading Thinker" discusses are related to regulating corporations and taxing the rich. "Real structural change" is changing the approach of government...eliminate government and let people take responsibility for themselves. He suggest the amazing idea that everyone should try to have a job and not ask for help unless you really need it. Your kid should not ask government for a Pell Grant and there should be no federally subsidized student loans. Grandma should not get Social Security or Medicare, she should take care of herself. If she REALLY needs help, maybe a charity can kick in a bit. If that's not enough, well, Grandma should have saved more for her retirement.

"fundamental" problem, IMHO, is that self-government does not scale.

We just have to look at "primitive" societies that are still in existence today ( tribal societies that live off the land), they seem to govern themselves OK, with a spat now and then settled by elders or with a good bout of fisticuffs. Their wants are few, they eat right and work for everything.

And then, look at us ! Government does not scale, PERIOD. At least, govt that is not transparent. Until and unless all actions taken by govt bureaucrats at the highest level are subject to scrutiny, govt is just a veil of secrecy under which they carry on nefarious activities, desecrating the trust of the people. This does not happen in a primitive society- they are just too transparent.

Heard this before when interest rates to 16.5 % back in the 80's

plant and grow your own foods, spend money now while it still has value

The Roman Empire did not fall in one piece. Yes there was the sack of Rome in 400 something, but the actual fall was a lengthy decay process.

Obama needs to talk about FIREING people on his staff like timmy & some of the others.

The funny thing is about these Yahoo Pundits especially that crook Blodget on the right discuss the coming end of time for America they fail to speak the truth that our Federal Government is causing it all purposely right before our very eyes goaling to destroy the middle class American. These Yahoo idiots really do think the American people are truly stupid.