The future for the world is decidedly very fuzzy right now.

We are at present deeply affected by the H1N1 epidemic and

the severe economic morass caused by greed and recklessness.

However, American politicians, including Obama, seem to be

totally unconcerned with the present problems and are more
keen to put in as much travel, visits and foreign holidays
as they possibly could get hold of now.

New fresh incidences of H1N1 infection cases overwhelmingly

originate from the US but US politicians are not concerned
at all. It seems that it is perfectly okay for viruses to
spread outwards and away from the US just like the HIV/AIDS
virus but the reverse is of course not permitted.

The economic ill affecting the world today also originated

from the US. The reckless and ruthless capitalism practised
by the financial robber barons and wheeler-dealers in the
US finally caught up with them and the result was wholesale
collapse of the world economy. The economies of the world
are expected to register contractions for this year and the
next save for a handful of exceptions.

The reckless nature of American capitalism can be traced to

the far-off events of October 1929. That particular collapse
of the American stock and financial markets led to the Great
Depression of the late twenties and early thirties. Prior to
October of that year, US stocks had been artificially raised
to five times their real value and eventually that was shown
to be unsustainable and the New York Stock Exchange collapsed
that very month and the market was only able to reach bottom
in July 1932. Thus, for almost three years the world suffered
greatly because a financial disaster was allowed to happen in
the US. It happened purely because of market manipulation and
had nothing to do with industrial or agricultural production
or productivity.

After WW2, many servicemen left the American armed forces and
began venturing into business. Over time, many of these small
firms started by them soon began to attract the attention of
the 'venture capitalists', people known to be wheeler-dealers
who used not their own money, but money from the public and
certain rich individuals to take over such firms with the aim
of making a quick bundle through their efforts. It all had no
connections whatsoever with either the business or industrial
production or productivity of these firms. It was merely to
make a quick and clean kill to obtain their mountains of cash.

Thus between the end of WW2 and the losing years of the War
in Vietnam, American wheeler-dealers were busily chalking up
huge profits (most of the time) and busily getting big-headed
in the process. One certain 'investment' was so spectacular
that it turned an initial $70,000 investment by the venture
capitalists into a holding worthed $350 million within ten
years but which interestingly disappeared completely some 20
years afterwards. Money can merely buy so much in the end.

In the 1970s the disengagement from the war in Vietnam caused

many companies and businesses to experience slowdowns and this
was further aggravated by the oil embargo following the Mid-
East Yom Kippur War. This situation was just right for a new
round of takeovers by the wheeler-dealers. By now, it became
necessary to become a little more sophisticated, and wheeler-
dealers grouped themselves into 'investment financiers' and
thus, such financiers or raiders, depending on how you viewed
them, began buying or taking over firms and businesses using
boardroom manipulation, rumour-mongering, insider bribery and
ferocious horse-trading and hard negotiations. The companies &
businesses taken over were then broken up and sold piece by
piece. Again, nothing to do with production or productivity
at all. Just plain greed and ruthless behaviour and cold cash.

This was also the beginning of the so-called 'shadow banking'

phenomenon or system in the US. The investment financiers in
the US were now able to control huge sums of money that could
be directed to flow in the direction desired and among them
were firms like Drexel Lambert and Lehman Brothers, both of
which were later forced to go under as a result of unmitigated
speculative and reckless lendings. Huge wins and huge losses.
That is how they operate in the US. Don't blame anyone else.

That was not the end of the story as other groups of financiers
were able to continue their octopus-like grip on the overall
American financing system and busily making it top-heavy with
their mega transactions which had truly no relation at all to
production or productivity. Among such groups were Carlyle and
Forstmann which eventually lost very heavily when the stock
market crashed in 2001-2002. The market had peaked in early to
mid 2000 but the gambling mood that prevailed at the time was
ultimately going to provide their undoing.

The bust of that period led to the rapid fall of interest rates
in the US and it was yet another step in making Uncle Sam the
champion clown of the capitalist system. People began to plonk
money into real estate and housing. Credit companies began to
dole cash even to those who did not really qualify as managers
came under pressure to surpass targets. Big bonuses were dangled
as carrots and lenders tripped over themselves to gain customers.
Eventually the whole thing unravelled and giant companies like
Freddie Mac and Fannie Mae needed bailouts by the US government.
At the same time professional speculators especially from hedge
funds pushed up the price of crude petroleum to unnatural highs
and by end 2008 the world was truly in a deep state of crisis.
It all had nothing to do with production or productivity but
was caused solely by greed and wanton ruthless capitalism.

Thus the world is suffering now because Uncle Sam has clueless
politicians who have no idea at all on how to tackle the current
problems caused by unbridled speculative investors who now needed
mountains of bailout money after their wild overindulgence and a
military who thinks that it has a blank check to spend. The visits
and trips by Clinton, Geithner and others pleading with foreign
governments to continue buying US debt betray the lack of ideas &
plans within the US government with which it could use to tackle
the present crisis. The future scenario is one that is extremely
bleak and could be predicted as providing a doomsday reckoning for
the entire world.

And who is to blame ? Absolutely no one but the inept politicians

in Washington, the Pentagon and the ruthless speculators meddling
in almost everything. People like Clinton, Geithner, Gates and
the rest are nothing more than a bunch of liars, hypocrites and
morons in the best of Amercian tradition who are going to ensure
that the whole world pays for the mistakes and excesses that were
manufactured within the US itself.

The rest of the world has been forewarned. Kick them out of your
capitals and airports. Starting now. Today. Immediately. For good.