Worthy Christian News » World News » The world can't afford another financial crash – it could destroy capitalism as we know it


The world can't afford another financial crash – it could destroy capitalism as we know it

Thursday, February 11, 2016 | Tag Cloud

(Worthy News) - They bounce back after terrorist attacks, pick themselves up after earthquakes and cope with pandemics such as Zika. They can even handle years of economic uncertainty, stagnant wages and sky-high unemployment. But no developed nation today could possibly tolerate another wholesale banking crisis and proper, blood and guts recession.

We are too fragile, fiscally as well as psychologically. Our economies, cultures and polities are still paying a heavy price for the Great Recession; another collapse, especially were it to be accompanied by a fresh banking bailout by the taxpayer, would trigger a cataclysmic, uncontrollable backlash. [ Source ]

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Worthy Christian News » World News » The world can't afford another financial crash – it could destroy capitalism as we know it

3 thoughts on “The world can't afford another financial crash – it could destroy capitalism as we know it

  1. Moral bankruptcy proceeds and gives 'no way but one" in this last minute before the trumpet! We turn back to loving and forgiving God. If your religion presents anything less...trash it and find the God best represented by a Galilean Carpenter named Jesus!

  2. " Capitalisim should not be condemned , since we haven't had capitalism." ( Ron Paul ). The main stream media, New World Order masterminds as well as all Progressives and Liberals always try to fool the average misinformed individual that what we have today is actually capitalism. No! let's not confuse the greedy, corrupt "crony, big corporation, government run capitalisim" with the grass roots small family run business capitalism which made the USA great.

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Worthy Christian News » World News » The world can't afford another financial crash – it could destroy capitalism as we know it