Flashback Nov. 11: Euro collapse plus Iran strike equals Armageddon

I read this post from The Extinction Protocol today (although it was posted Wednesday.) Although it might seem a tad alarmist, it does make an interesting link between the imminent probably collapse of the Euro and the likelihood of war in the Middle East involving Iran. Put it simply, the current Euro crisis is triggering a new credit crunch. I’m a strong believer in the theory that oil price spikes seriously affect the economy. Just imagine, therefore, the effect on the current financial crisis should the Straits of Hormuz be closed to oil supplies from the the Middle East!

The Extinction Protocol

November 30, 2011TEHRANIt’s starting to look like all those crazy 2012 prophecies might not be so wide of the mark after all. Even as the world is transfixed by the slow-motion implosion of the Eurozone, reports are emerging that Israel might strike Iran’s nuclear facilities early in the New Year. The unpredictable interaction of two such epochal events could cause a global catastrophe like something out of a bad science fiction novel. The most recent data shows that the Eurozone, and much of the world, may be slipping rapidly into recession. Property and commodity bubbles are bursting even in China. Not only that, but there is no more fiscal stimulus to be had. The global economy’s life raft is gone. The combination of the onset of a second global Great Depression, a devastating banking crisis in Europe, fragmentation of the Eurozone and rolling sovereign debt crises…

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About Owen Law

My pen-name is ‘Owen Law’ (real name: Nicholas Davies.) I’m a science fiction writer specialising in dystopian/apocalyptic visions of the future. I’m from Shropshire, England (on the borders with Wales) and I’m in my forties. I have a background in public services and training. I’ve been working on my first novel, Dragon Line, since 2008. I’ve also written several short stories, one of which you can find on this blog (‘Matilda Leviathan‘). I now reside on the border of Shropshire and Wales, and my interests include writing (of course!), current affairs and environmental issues.
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