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"And what's really disturbing about these findings is that the pattern isn't limited to our economy. We found the same catastrophic pattern in our energy, food, and water systems as well."
Everything could implode at the same time, he thinks. "Food, water, energy, money. Everything."
He also worries about America's debt level, saying:
"For 30 years - from the 1940s through the 1970s - our total credit market debt was moderate and entirely reasonable. But then in seven years, from 1970 to 1977, it quickly doubled."
"And then it doubled again in seven more years. Then five years to double a third time. And then it doubled two more times after that."
"Where we were sitting at a total credit market debt that was 158% larger than our GDP in the early 1940s".By 2011 that figure was 357%." It's now around 400% and rising.
Kent Moors is an energy expert. He advises world governments on energy-related matters. He also serves on two State Department energy task forces.
"Most frightening of all is how this exact same pattern keeps appearing in virtually every system critical to our society and way of life," he said.
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