On Jan 23, 11:37 am, Alastair wrote:

The current global economy is driven by the US, who were able to defy
normal economics which is based on the principle of the distribution
of scarce resources.

The European invaders of America found no
shortage of resources there and hence its rapid expansion. However,
US oil is now becoming scarce, and soon world oil, which the US has
been treating as limitless, will run out too.

No empire or civilisation lasts for ever, and when they collapse it is
sudden and violent.

There is a question of whether global warming or Peak Oil will get us
first, but whichever we are all doomed :-(

Hardly, the pattern of empires over-reaching themselves was a pattern
set out in the prophesies of Daniel and have been repeating themselves
ever since the Medes overthrew Babylon.

What springs out from them seems to have a good effect on the ones
Daniel was writing for. That isn't to say that times would be easy
during any transition.

When they settle down to a cathartic robbing Peter to save Paul the
whole process starts once again. All this talk about glowballs is
smoke screening for what is really going wrong in the system.

Ever since the corporate corruption scandals started to get publicised
in the US with Enron and co., it must have become obvious to those in
the know that the Federal Reserves could not be used to support the
Western world and Asia against all the robbing money changers
indefinitely.

Once the UK was no longer the underdog in the system, things started
to come to an head.

Glowballs is just a way for politicians to run around in their usual
headless chicken like ways trying to make ends meet.