Opinion (Michael Khazin, economist): “The 30 years of demand stimulation resulted in a situation when households consume more than they get by 25%. But today, all the tools to stimulate demand have been exhausted – this decline in demand is the underlying mechanism of the crisis, and there is no reason to believe that it will end in the near future.
“Most likely, the “bubble” will burst by mid 2015 and will cause massive bankruptcy of households and the financial system.”
My Comment: There is no doubt that this event will happen if socio-economic relations do not switch to rational consumption, closing unnecessary enterprises and the equal distribution of essential goods and services.
But this is only possible in parallel with a broad awareness campaign for the need to move to a new level of relations and implementation of the method of integral unity. It is necessary to try to introduce it when small problems arise, instead of bringing society to a deep crisis and possibility of a world war, when society will accept this method unwillingly as the only way of salvation.