Thank you! I checked out this guy's credentials... he's just a run of the mill programmer with no special skills or education. He thinks he can predict the future of the world based on his amateur hour speculation.
I'm only ankle deep in subjects like macroeconomics, political science, and sociology, and even I am groaning at the newbie mistakes he makes in his analysis. This guy just flat out doesn't know what he's talking about. He has an audience because his audience is other people who are equally as uninformed.
There is a place where experts discuss these kinds of questions and it's not on blogs. I don't have enough disrespect for my time to bother refuting him (the supply of worthless bloggers is infinite--impossible to make a dent in the endless ignorance) but if anyone wants to be informed on these questions they should start with macroecon 101 and should be learning from specialists, not hobbyists.