economic outlook

(Page 6 of 6)

March/April 1980
By the Mother Earth News editors 
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January 4, 1980. Gold at $624. While Carter was boycotting the Moscow Olympics and wounding the American farmer, Myers was predicting that the 80's would be a decade of contraction and that the collapse of the dollar was causing "growing confusion, destruction of material security, and global breakdown". Mr. Myers also noted that the Western World was being held hostage by petroleum prices, that the Third World would never again be able to afford needed oil, and that even the richer nations were slipping into depression. A serious war, he said, is looming on the horizon, and we'd better get some body in charge of the United States—NOW!—or face the prospect of seeing the Western World as we know it destroyed within five years . . . or certainly before the end of the century.

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It would really be nice just once—wouldn't it?—if C. Vernon Myers' analysis of the global situation were wrong. But with his track record over the last ten years, I most certainly wouldn't count on it. Instead, it I were you, I'd try to scrape up $135 and subscribe to his newsletter for the next seven months. There's nothing in your doing so for either MOTHER or this writer ... but there could welt be everything in it for you.

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