- Social discontent could lead to war, “regime threatening instability”
Paul Joseph Watson
Top historians, social and financial analysts, along with police bodies are all predicting that Europe and America are set to experience a summer of rage, with scenes mirroring the chaos we have seen unfold in Greece in reaction to draconian austerity measures now being imposed by governments in the west.
Although many predicted that last summer would be a period of social unrest, British historian Simon Schama notes that there is usually a lag between economic hardship and the subsequent social fury it engenders.
“Far be it for me to make a dicey situation dicier but you can’t smell the sulphur in the air right now and not think we might be on the threshold of an age of rage,” wrote Schama in his Financial Times column.
Schama forecasts that not just Europe but America too faces “a distinct possibility of a long hot summer of social umbrage,” making comparisons to how rich plutocrats bore the brunt of the common man’s rage during the French Revolution.
A Reuters report echoes similar fears, noting that the level of violence will take a backseat to the amount of coverage it receives on television, and that this will dictate how badly the turmoil affects markets.
“Insurers say they have seen a notable uptick in enquiries about political risk cover — which protects against expropriation, political violence and exchange controls — particularly for Portugal and Spain as they face stringent cuts,” states the report, adding that Britain will also be a flash point for riots due to the new government pushing through the most severe budget cuts since world war two.
Indeed, authorities are already preparing for the fallout if Britain begins to go the way of Greece, with the chairman of the Police Federation recently warning that the country is heading for scenes last witnessed during the economic and social turmoil of the late 1970’s.
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