One more shock and Western Europe (along with the US) officially joins the Third World.
obviously a dumb comment, but it contains inadvertent truth. if 08 is any indication another systemic collpase would benefit the ruling class, as it already has its logic set up: these terrible times are here because we've lived beyond our means, the public sector and regulation are stifling the God-ordained job creators, so let's cut some trillions from programs underwriting health care for a few hundred million people, burn pensions, kill a few million jobs in the unspeakable public sector etc. thus what do we have? once you erase the social programs that have made the post-War west what it is, you've got yourself a classic oligarchical third world model, where some white people in suits and ties in control of the military preside over a morass of discontent and starvation.
Ah, if the West is in economic collapse, those programs really didn't amount to much.
