The Next Shock?

…David Korowicz, a physicist and human-systems ecologist, recently authored a lengthy 78-page white paper titled: “Trade-Off: Financial System Supply-Chain Cross-Contagion: a study in global systemic collapse.”

It explores the increasing systemic risk brewing in the global financial and trade systems. Using complex systems analysis, he explains how within weeks of the next major economic shock, like a major bank failure or a country exiting the eurozone, contagion would quickly spread through global supply chains, causing an “irreversible global economic collapse.”

Korowicz warns that in the next crisis, “neither wealth nor geography is a protection. Our evolved co-dependencies mean that we are all in this together.”…

 http://www.businessinsider.com/trade-off-financial-system-supply-chain-cross-contagion-a-study-in-global-systemic-collapse-2012-8?op=1#ixzz238CmCEND

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