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Independence Day in the United States is usually a call to celebrate unity and to be thankful for freedom from tyranny and oppression. With the collective mood continuing to deteriorate, there is no room for such positive ideation. It is more likely that this 4th of July, the theme of revolution and revolutionary war will be emphasized. Civil unrest and protests in the United States should escalate this month. Outbreaks of violence are increasingly likely. In spite of the constitutional declaration, there is no “WE THE PEOPLE” in America.

Globally, the mood should also reflect anger and fragmentation. Geopolitical tension should be quite high, while cooperation among world leaders difficult to discern. The world economy is on dangerous ground, and increased discussion of an up and coming sequel to the “Great Depression” is likely. Investor panic and high market volatility should be expected. Will the globalization paradigm continue to survive? Or, if the trend continues, will global goods, services, and destinations, at some point, become a nostalgic memory?

The above is an excerpt from the July 2010 issue of MoodCompass, a publication of A New Story Foundation.

Comments

( 2 comments — Leave a comment )
the_crowsnest
Jul. 10th, 2010 12:54 pm (UTC)
Unrest in the news
7/8/10: One dead in Panama unrest. http://ca.reuters.com/article/topNews/idCATRE6675TG20100708

7/8/10: Greek strike to protest pension reform.
http://www1.voanews.com/english/news/europe/Greeks-Strike-to-Protest-Pension-Reform-98018299.html

7/9/10: Oakland riot, 78 arrests after Mehserle verdict
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/07/09/MNH61EBUBF.DTL

7/12/10: Al-Qaida linked group kills 74 World Cup watchers in Uganda. http://www.msnbc.msn.com/id/38194835/ns/world_news-africa/

Edited at 2010-07-13 09:48 pm (UTC)
the_crowsnest
Jul. 22nd, 2010 04:36 am (UTC)
Economic Uncertainty
7/21/10: Fed Chairman Ben Bernanke warns of "unusually uncertain" outlook for U.S. http://www.guardian.co.uk/business/2010/jul/22/ben-bernanke-us-economy-unusually-uncertain

Edited at 2010-07-22 04:36 am (UTC)
( 2 comments — Leave a comment )

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