Tuesday, September 15, 2009

Riding the Economic Crisis into the Next Great Depression

The storm is coming, but this time it’s not a cyborg from the future and Sarah and John can’t save us. This storm is the result of thirty years of disastrous economic policies, which have destroyed the foundation of the American economy.

There is now a published theory of Cultural Evolution (Complex-Systems Theory of Culture - find it on Amazon Books - Gehlsen, 2009). This theory is one of the most powerful conceptual tools ever conceived, and it provides an understanding of how cultural systems function, which includes economic systems.

Our economy continues to spiral down toward the next depression because every month consumer spending is diminished by the loss of hundreds of thousands of jobs from the workforce. This recession is the worst since the end of WWII, and the coming depression is going to be far worse than that of the 1930s. This is not hyperbole, it is scientific fact.

We may already be in the first stages of a depression, and our economy is still collapsing. On the other hand, the Complex-Systems Theory of Culture can be used to formulate a plan for achieving immediate economic recovery. The problem is clear, consumer spending continues to decrease and this causes more jobs to be lost, which results in further decreases in consumer spending. The solution is simple. Increase consumer spending.

There are many ways to increase consumer spending that won’t cost the tax payers a fortune. The best way to significantly increase consumer spending is to restructure consumer debt. Consumer spending can be dramatically increased by decreasing monthly payments on debts.

The storm is coming. It may not be a perfect storm, but nobody in their right mind wants to experience the devastation of the impending depression.

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