More Trouble to Come
One key theme of my last two books, Financial Armageddon (published in 2007) and When Giants Fall (published in 2009), was that we could expect to see a dramatic increase in social instability and political upheaval in the years ahead.
Given what has happened over the past 12 months or so, that looks to have been a prescient forecast.
But it really wasn’t rocket science. It was simply a matter of looking back in time and noting the strong historical relationship between economic circumstances and social conditions, especially in regards to the downside.
As it happens, a chart included in Control Risks‘ Riskmap 2012: Tales of the Unexpected, tells a similar story — one that is not at all encouraging for those who believe the worst is behind us.
Read more at Financial Armageddon
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