06-26-2016, 08:02 PM
(06-26-2016, 06:38 PM)Galen Wrote:If the UK suffers badly, the other countries may decide to stay in the EU.(06-24-2016, 08:36 AM)radind Wrote: The desire for more autonomy was a big factor.
I think that this will be the theme for this fourth turning. It is also possible that it will be the theme for the entire next saeculum at least in the west. All of the governments in the west are functionally bankrupt and it is becoming clear that these debt loads can not be maintained. Some form of default, though it will not be called that, is inevitable at this point. There naturally will be much wailing an gnashing of teeth as people realize that life isn't as certain as they thought it was.
It is likely that the UK will suffer some economic pain in the short term. In the longer term it may very well turn out to be a good thing for the UK since I doubt the entire continent will decide not to trade with them now. The UK leaving may very well be the first domino that leads to the EU disappearing.
The fourth turning tends to be the wrecking ball that takes down institutions and ideas that have passed their expiration date. The last eight years have been a last ditch effort to hold the status quo together and it looks like it failed.
It does seem that we are due for a major shake-up from economic crisis (or war).
… whatever is true, whatever is honorable, whatever is just, whatever is pure, whatever is lovely, whatever is commendable, if there is any excellence, if there is anything worthy of praise, think about these things. Phil 4:8 (ESV)