Systemic Vulnerabilities in the Global Economy

Hello All,

     It would seem, 14 years later, that I was correct in the grander thesis I strongly eluded to throughout my H.S. Senior Paper (available at http://j.mp/SeniorPaper).  In the global economy there has been an ever-growing trend of:

  Increasing over-interdependence of large-scale economic providers, within increasingly-globalized supply chain-webs (most courtesy of “J.I.T.” supply systems, globalized ‘vertical specialization,’ and as I now recognize, the overly interdependent Banking & Lending {financing} web), have made what once was a relatively resilient economic system, capable of dampening out local disruptions, turn into one of a remarkably systemically fragile nature — inherently of the nature to propagate and “snow-ball” microeconomic disruptions into massive socioeconomic disruptions (recent e.g., the 2008 “Sub-Prime Mortgage Bubble” collapse, inducing the “Great Recession”).

I would appreciate your feedback.  This economic trend is going to inevitably be disastrous if we do not alleviate the fundamental systemic vulnerabilities elluded to in my research paper.  Thank you.



"One Love"

Matthew L. Morgan
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