system two

system two
start-up thinking in the enterprise

Wednesday, 6 May 2009

the seeds of the next disaster....

Watching a great visualisation on the credit crisis here it occurred to me - if you accept Jonathan Jarvis's basic premise - that the abundance of credit in the early part of this decade was down to the secondary effects of the dotcom bubble bursting - then it may well be, the seeds of the next financial disaster are being sown as we speak - and the likely candidates aren't too difficult to find...

- overstimulated economies from excessive fiscal intervention, social unrest due to governments ignoring the effects of climate change, population migration, resource depletion, national anger (in the US particularly) about a loss of status in the world...

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