The Great Reckoning

The authors believe that the world is on the brink of cataclysmic social and political change to be brought about by a world-wide economic depression. A guide for individuals, businesses and institutions, the authors offer investment tips and a whole strategy for survival. Some of the things they predict are: higher taxes; migrations away from big cities; decriminalization of drugs in order to preserve social order; the privatization of faltering public services and infrastructures; retirement will be postponed or even revoked for most people; Islam will replace Marxism as the main challenge in ideology. This revised edition includes predictions on the collapse of the welfare state worldwide, the possible future of the Japanese economy and the future of the Democratic Party in America.