Recession Not Over--Revolution to Follow?

Despite recent signs that the economy in the United States and elsewhere has started to pull out of the prolonged recession which has dominated the news headlines for the last year, it appears as if things could go from bad to better to much much worse. Keeping in mind what George Ure and Cliff have predicted with the use of their web bot technology, it is difficult to show any real optimism about the last few days positive signs. Ure has been keenly right about his predictions especially with regard to economic matters. It seems as if the web bot technology is remarkably accurate in predicting long term economic trends and outcomes. What Ure and Cliff have recently predicted is that in August the economy will show signs of recovery. Here we are just a couple of days into August and the news agencies are already reporting that the economy is on the road to recovery. Let's not get too excited.

The web bot has also indicated that August is most likely the last time that we can speak economic recovery for quite some time. Sometime during August or just shortly thereafter, the economy is to begin another tremendous slide into the proverbial toilet. Throughout September and on into October, this slide will lead to the "death of the dollar" and a period of hyperinflation in 2010. It is also mid-October, specifically around the 25th, when Israel is set to attack Iran.

Why spend time focusing on such negative predictions? Well, as I began my research for today's topic, I came across a story from the renowned Christian Science Monitor which visits the possibility of economic calamity leading to revolution. Here is an excerpt:

"For the first time in generations, people are challenging the view that a free-market order – the system that dominates the globe today – is the destiny of all nations. The free market's uncanny ability to enrich the elite, coupled with its inability to soften the sharp experiences of staggering poverty, has pushed inequality to the breaking point. As a result, we live at an important historical juncture – one where alternatives to the world's neoliberal capitalism could emerge."
To read the entire story simply CLICK HERE

As a professional historian and professor of history, I do believe that we are standing on the precipice of a new historical era. Revolutions often occur when economic conditions create a gap between the "haves" and "have nots" that no longer can be tolerated. Things are, it seems, quickly spiraling out of control. Even if things appear better in the short-term, this economic crises has clearly exacerbated the growing tensions between the various socio-economic classes. We have a tendency to be short-sighted when it comes our history. We never think that we will be that generation that lives through a revolution like the Bolshevik revolution of 1917 or even the watershed American and French Revolutions. We need to be aware of what is going on around us so that we are not surprised when the real revolution begins.