Global systemic crisis

New tipping-point in March 2009: 'When the world becomes aware that this crisis is worse than the 1930s crisis'

by GEAB

Global Research, January 13, 2009
GEAB N°30 - 2008-12-16



LEAP/E2020 anticipates than the unfolding global systemic crisis will experience in March 2009 a new tipping point of similar magnitude to the September 2008 one. According to our team, at that period of the year, the general public will become aware of three major destabilizing processes at work in the global economy, i.e.:

• the length of the crisis
• the explosion of unemployment worldwide
• the risk of sudden collapse of all capital-based pension systems

A whole range of psychological factors will contribute to this tipping point: general awareness in Europe, America and Asia that the crisis has escaped from the control of every public authority, whether national or international; that it is severely affecting all regions of the world, even if some are more affected than others (see GEAB N°2; that it is directly hitting hundreds of millions of people in the “developedâ€