more so now you know emmanuel wallerstein this sociologist to you. as are a lot about globalization and he said that he thinks that. you know in the next twenty years there will be twenty new nuclear states. he sees the end of the cold war as actually an opening up for nasa political nuclear weapons nuclear material and expertise has become dispersed in the world so widely by. it is pointing to the we are i think on the verge of widespread proliferation. of belief the police threat of nuclear war is the streamlet seriousness standard among the leading strategic analyst pictured robert mcnamara the former security clearance. going to be until he thinks his estimate is that it's not only the threat this human cost of the collapse any international rate tense situation and. face up a situation where the weapons can be donors. there's going to be more nations going for nuclear weapons especially because the united states and russia still have them and still use them. to try to. to try to intimidate smaller nations. like what we're doing in the world righ

university emmanuel wallerstein thinks that the real crash will come within a few years just as capitalism reaches its natural end well that's in our interview that's coming up next. thank you very much for being with us today. so exactly two years ago you told me that the real economic crash is still a couple of the line is that with us right now. you know it's a year or two still down the line but it's but it's very clearly what was the biggest trouble at this point the united states. just the rest of the world. actually everybody's in trouble but the united states is clearly in trouble the european union is in trouble i think it's in less trouble than the united states but it's in trouble but i eat i think also that the so-called newly emerging countries or the emerging countries brazil india china are also in trouble and so i i don't see anybody who isn't in trouble so like you're saying the global financial system clearly broken what is wrong with a modern capitalism with lots of very long story but i mean modern capitalism has in my view but that's a long story reach the end of its r

in the global structure he spoke to a senior sociology scholar at yale university that over emmanuel wallerstein who are things that the modern financial system is actually reaching its natural and. modern capitalism has in my view but that's a long story reach the end of a throw and it cannot survive as a system and what we are seeing is the structural crisis of the system its roots are in many ways the impossibility of continuing the basic principle of capitalism which is. cease this accumulation of capital. and that's the whole point of capitalism as a system and it's it's worked in some ways marvelously well for five hundred years it's been a extremely successful system in what it has tried to do but it has undone. itself as all systems do it's extremely dangerous to you and to me it's a system in which everything is relatively short term unpredictable if you don't know what's going to happen the next day or the next year then you don't know what to do and. that's basically what we're seeing in the world economy right now there's a paralysis nobody's investing really and if you don't invest