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coming chaos

Given the astounding levels of virtually unfundable debt,both sovereign and individual,it's now obvious that a serious correction is a case of when and not if.

,Given that both European and American policians,with  pitifully few notable exceptions,seem utterly oblivious to the actual state of things economic,and seem ignorant of the fact that continuing to borrow indefinetly is simply not an option,
the question is surely,are we sleepwalking towards economic chaos,or are we being deliberately led down that path?