The economic, political and social outlook for 2012 is profoundly negative. Until today I have found hardly an encouraging positive analysis for the coming year.
A Doomsday View of 2012 - James Petras.
The almost universal consensus, even among mainstream orthodox economists is pessimistic regarding the world economy. Though even here their predictions understate the scope and depth of the crises…………..
- The Collapse of the European Union
- The US: The Recession Returns with a Vengeance
- Militarism Exacerbates the Economic Downturn
- New Wars in the Midst of Crises: Zionists Pull the Trigger
- China: Compensatory Mechanisms in 2012
- Russia Faces the Crises
- The Transition 2011 – 2012: From Regional Stagnation and Recession to World Crises
- Europe: Deeper Austerity and Intensified Class Struggle
- The Coming Wars that Ends America “As We Know It”
P.S. 1:
In my humble opinion, in every, even in a world-wide crisis there is always hope and some goodies for the future. The crises might be truly global. In response new mass movements may be emerging. They will move over time from protests and rebellions, to social revolutions and political power.
Read the full analysis:
- http://petras.lahaine.org/
P.S. 2:
- James Petras is the author of more than 62 books published in 29 languages, and over 600 articles in professional journals, including the American Sociological Review, British Journal of Sociology, Social Research, and Journal of Peasant Studies. He has published over 2000 articles in nonprofessional journals such as the New York Times, the Guardian, the Nation, Christian Science Monitor, Foreign Policy, New Left Review, Partisan Review, TempsModerne, Le Monde Diplomatique, and his commentary is widely carried on the internet. For more of his writings, check out the The James Petras Website.