OF THE
TIMES
Here are the nine dynamics of decay that lead to collapse:All of these dynamics are currently in play around the globe.
1. complacency and intellectual laziness
2. profound political disunity
3. rise of unproductive complexity
4. those bearing the sacrifices opt out/quit
5. decay of effective leadership
6. rise of bread and circuses social welfare and entertainment to distract/placate restive citizenry
7. decline of wealth-producing capacity--status quo living off financial trickery
8. sclerosis--status quo controlled by vested interests
9. resource depletion/environmental damage
The federal government of the United States made a profit of $41.3 billion on student loans for the 2013 fiscal year.Student loan debt, among other types, feeds the conscienceless capitalist (slavery) system at the expense of the disenfranchised. There's nowhere to go but down.
Although the profit is $3.6 billion less than the that the US government reaped from distressed borrowers the previous year, it is a profit higher than that made by all but two companies, Exxon Mobil and Apple, in the world.
Comment: A social and economic collapse could certainly happen sooner than 2040 if the dollar collapses and the U.S. experiences an economic meltdown, like many commentators have been predicting could happen soon: