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In China, migrant workers deprived of their earnings by unscrupulous managers have stormed factories to collect their wages, often clashing with the police.
Any outbreak of disorder and conflict will always have many causes. Look around the world today and you can see many communities that are bitterly divided along ethnic, class and linguistic lines.
Moreover, the vast prosperity fuelled by globalisation and the expansion of credit in the s and early s did not extend to all nations and peoples, but left many pockets of poverty untouched. Hence people were already fractured by various social, political and economic cleavages before the economic crisis struck in September But the intensity of the crisis, and its impact on the lives and livelihoods of millions of people, has put great stress on these cleavages, and in some cases sparked violence along them.
Just as most major earthquakes are preceded by significant seismic activity, the current round of economic disorder was preceded by an upsurge in riots and protests last year.
By far the most How Bad Can It Get? Protest and resistance renewed A crisis foretold The world economic meltdown was foreshadowed in many countries by food riots, protests against unemployment, government ineptitude and failure to address the needs of the poor. Not yet a subscriber?
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Our world is on the verge of a stupendous crisis. Related Video Shorts 0 Upload your video. The fire engines could do nothing to stay the destruction. Buildings, great and small, were falling to the ground. Both are highly lethal. Millions worldwide have read books from the pen of this bestselling author and have found happiness and new life. But then, when the Soviet Union broke apart in , everything changed again.