Tuesday, December 6, 2011

Blessings In Disguise -- The US And The EU Debt Crises

While I believe it is legitimate to blame the debt crises on leadership incompetence and societal lethargy, pork-barrel spending and unrealistic entitlements, I also think that the current global economic slowdown is a temporary blessing. The alternate extreme is a race to own the last bits of natural resources left on this planet leading to an ultimate world war. It will be at the last moment that the arrogant in life will show their cowardice and the poor in spirit will finally have true peace. But it does not have to end this way. There is hope that this human race still has time to restore a symbiotic relationship with this planet and with one another but human nature does not usually change quickly or quickly enough to bring about a truly civilized world until it is too late.

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