Ex-World Bank economist Peter Koenig: the West is on the brink of collapse

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Peter Koenig discusses his latest article “Europe on the Brink of Collapse?” He suggests that isn’t just Europe, but the whole West that is collapsing, even as the East (led by China) is rising. We discuss the moral, ethical, and spiritual factors behind the decline of the West. Peter says symptoms of coming collapse include escalating violence and repression around the Yellow Vests protests in France; the chaos surrounding Brexit; and John Bolton’s efforts to incite US wars on Iran and Latin America. We agree that the West is committing suicide by demolishing its own foundation of liberty under the rule of law, and wonder whether neoliberal elites are trying to accumulate as much as possible before the final stages of collapse set in.

Peter Koenig is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! – Essays from the Resistance.