Jim,
I thought this might interest you. Very depressing to think of but like they say, forewarned is forearmed.
CIGA Daniel
Dear CIGA Dan,
Forewarned is forearmed is only true if you visit your local gun store, live on a farm in North Western Connecticut or have a home in the right two places in Africa.
Jim
‘Ariz. police say they are prepared as War College warns military must prep for unrest; IMF warns of economic riots’
Phoenix Business Journal
A new report by the U.S. Army War College talks about the possibility of Pentagon resources and troops being used should the economic crisis lead to civil unrest, such as protests against businesses and government or runs on beleaguered banks.
“Widespread civil violence inside the United States would force the defense establishment to reorient priorities in extremes to defend basic domestic order and human security,” said the War College report.
The study says economic collapse, terrorism and loss of legal order are among possible domestic shocks that might require military action within the U.S.
International Monetary Fund Managing Director Dominique Strauss-Kahn warned Wednesday of economy-related riots and unrest in various global markets if the financial crisis is not addressed and lower-income households are hurt by credit constraints and rising unemployment.
Protectionist dominoes are beginning to tumble across the world
The riots have begun. Civil protest is breaking out in cities across Russia, China, and beyond.
By Ambrose Evans-Pritchard
Last Updated: 11:37AM GMT 21 Dec 2008
Greece has been in turmoil for 11 days. The mood seems to have turned "pre-insurrectionary" in parts of Athens – to borrow from the Marxist handbook.
This is a foretaste of what the world may face as the "crisis of capitalism" – another Marxist phase making a comeback – starts to turn two hundred million lives upside down.
We are advancing to the political stage of this global train wreck. Regimes are being tested. Those relying on perma-boom to mask a lack of democratic or ancestral legitimacy may try to gain time by the usual methods: trade barriers, saber-rattling, and barbed wire.
Dominique Strauss-Kahn, the head of the International Monetary Fund, is worried enough to ditch a half-century of IMF orthodoxy, calling for a fiscal boost worth 2pc of world GDP to "prevent global depression".
"If we are not able to do that, then social unrest may happen in many countries, including advanced economies. We are facing an unprecedented decline in output. All around the planet, the people have reacted with feelings going from surprise to anger, and from anger to fear," he said.
