[A-List] The Worst Case Scenario (Someone Has to Say It)
tboyle at rosehill.net
Wed May 6 12:19:40 MDT 2009
At 03:13 AM 5/6/2009, peripatetic wrote:
>This is also the most likely scenario in my view. Excerpt:
The biggest error in the article is failing to establish why the
printing presses of money creation would fail. You need to lay this
Peripatetic essay on the table along with the scenarios of
inflationary doom that were common in the early 1970s -- everybody
with a brain could see that the world would explode into chaos just
like 1920s Germany. In a panic I sold my Mustang, I couldnt' find
anybody who would buy it for $200.
But guess what happened? After a few more years of inflation and the
orchestrated, 1979 shocks, we got Reaganomics and deflation.
The good news is, the banksters have everything under control. Umm.
that's the bad news too. They're still in the
deflation-demolition-repossession stage. In due course, they'll
create so many dollars it will set off the next big inflation,
stampede, real estate bubble (including construction) as the ignorant
population, caught in an artificial win-lose dungeon with no escape,
competes for the dollars.
Folks-- there is a REAL reason the U.S. deindustrialized: because we
don't HAVE to work. It is irrational to work for $1/ hour when
billions of people quite apparently need and want to work, to avoid
physical starvation. When Americans need to work, they can
reindustrialize fairly quickly. We're mobile, we have *abundant*
tools, buildings, infrastructure of all kinds, more advanced
knowledge, tools, material, and technology than in the
past. Crucially, we have far better computing and communications,
cellphones, internet, and all its tools for transactions and social networking.
TRUE we will have to do it with less hydrocarbon energy. Not a
problem. TRUE, we will have to confront the wealthy --and
incumbent, protected monopolies. This includes energy,
transportation, pharmaceuticals, healthcare, law and accounting and
financial industries, and telecoms, even some of the public
sector. We will get NOWHERE if we can't loosen up some of these
industries. This is the real problem-- it's the only real problem.
Regarding the departure of productive people and their money, whether
Americans or foreigners, rich and poor, I have to say--So what? Let
them go. Why is that any threat whatsoever? There will be an
infinite supply of immigrants to replace them, good god, isn't that
obvious? And the capitalists-- GREAT! The sooner they leave, with
their money, the better the economy and society will function. They
have corrupted our entire Congress, politics and culture, even our
churches with their money.
COME ON FOLKS, we have a job to do here... these apocalyptic
stories-- and I love reading them --they are very entertaining --but
they appeal to us because of unconscious archetypes in our
unconscious. Peripatetic's article is the intellectual equivalent of
watching professional wrestling, just because it's amusing and you're
tired, and this is how you relax.
There are of course, unconscious urges and tendencies in all of
us--it's part of how the mind recognizes patterns and recognizes
threats and opportunites. What's happening is the Christian
apocalypse -- a metaphorical expression of the primitive ego, which
is real, knowing its mortality, and gives rise to primal beliefs and
conceptual ground of the unconscious. These in turn, create
tendencies in belief and behavior in our own life that are irrational
and which bring sub-optimal results for ourselves and people who rely
on our messages. While we thrash around in our hallucinations,
pickpockets walk easily among us stealing our economic output. Keep
your eye on the money. --Todd.
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Size: 4275 bytes
Desc: not available
More information about the A-List