“Pride goeth before a fall.” is a truthful description of reality. We see the truth of such proverbs by inserting names and happenings. For instance, we may say “John Corzine’s pride was such that it prompted him to take 1.6 billion dollars from depositors. He was caught, and fell.” To see the future, look to truth.
In the old days, when governments spent so much they devalued their currency, they would either go broke or be forced to invade and loot other countries.
Now, there are two countries on the globe. There is a huge, expanding Moslem country. Leaders of what appear to be its independent nations have lots of money. Their teeming billions are largely in poverty. Young Moslems are encouraged to leave their always impoverished nations and invade the once-wealthier, formerly Christian countries that provide more equalized incomes through various welfare programs.
As non-Moslem nations print more money to pay for the increased loads to their welfare programs, there’s a counter-balancing going on that keeps them from going broke as quickly. Technology allows welfare states to provide goods and services more cheaply than ever.
Those lower costs may not last because technology is impeded by regulators trying to maintain monopolistic islands of high cost, like medicine and public education. Still, today nations have the ability to provide goods and services to more people than ever who add no value to anything.
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This process will continue until bombs and sabotage destroy the complex production systems. As it progresses, the rich will get richer. The poor will get richer. The middle class will become impoverished as layers of middle management are eliminated.
The process has an effect on religion. The middle-class Mainline Protestant denominations are disappearing as their congregations lose whole fields of employment.
Where has all the money gone? It’s gone to pay for something that doesn’t exist. Those who’ve created, and continue to maintain the problem don’t realize, and can’t understand, that money is disappearing to pay for what doesn’t exist, free lunches.
To see the future, look to truth. The bills for today’s free lunches have to be paid tomorrow. Hopefully, they’ll be paid in money. But, if the bills are big enough, they’ll be paid in blood.
