Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1373518 Comments:2390
The following predates the Beginning of your Religion's Civilization....it's a Power thing....;}
Picasso Moon wrote:Money, be it paper, material(e.g. gold) or electronic, is a FETISH, nothing more than an increasingly inaccurate representation of value. http://www.dailybattle.pair.com/2012/occupy_target_destroy_ruling_money_fetish.shtml
Yes, PO, as well as the quickly-accelerated crisis of the biosphere, make this economic collapse very different from the 1910s and 1930s, make any "recovery" pretty much impossible even with a global war.
Well, yes, but until we can light fires with lightening bolts from our hands, or live like First Nation as Hunter/Gatherers, then Economic Collapse is Peak Oil.
As Debt is Information Over run based on Energy Return on Future Consumption.
As Every Civiliation before can attest.
The only difference this time is the Extremely High EROEI we've enjoyed this last 150 years. Note the MAny Parabolic Curves that have resulted and which are now coming back down to Baseline.
The Pop Curve the biggest Example. 400 million humans by 2120.
All the above wasted, as I'm done reading the bible. But maybe you could interest your lap dog, MD, in some of it. The bible does have some interesting quotes on manners....;}
Power Over Religion.
Like Fukushima/Onogawa over JApan....;}
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mcgowanjm
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Post Tue Jun 05, 2012 7:22 am by mcgowanjm Re: Mounting signs of deepening global slump
Post Tue Jun 05, 2012 7:22 am by mcgowanjm
Foster wrote:It is sort of morbidly fascinating to watch and see that the ride down the right side of the per-capita energy consumption curve, in most manifesting ways, translates (itself in)to "war on the working class." That could also be the "haves" trying to guarantee that they and theirs remain haves. Aside from ancient and tiny groups, is it possible to escape the effects of greed?
No... :twisted:
Because this is Planet Hell.
There is a path out for each individual, but it's not easy. How could it be? All you have to do is Stand and Hold and Not Give Up.
'The virtues are eternal, getting possession of them is not for the weak and temporal minded. It takes everything because it also provides everything; everything beyond the common dreams of those addicted to the trough.'-Les Visible.... :? 8-)
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mcgowanjm
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Post Tue Jun 05, 2012 7:27 am by mcgowanjm Re: Mounting signs of deepening global slump
Post Tue Jun 05, 2012 7:27 am by mcgowanjm
Greece stands on the verge of an energy crisis caused not by lack of energy, but lack of money within the energy sector. This will become a common refrain throughout Europe and beyond in the coming months and years. Loss of liquidity has a cascading effect on supply chains, causing them to seize up.
Illargi misses this one.
The grand euro experiment is grinding toward its ultimate conclusion, this can be seen in the petroleum markets. The chart by Bloomberg:
Image
Here we see what happens when a belief system dies. The grinding part is caused by the high price of petroleum. It has cost so little for so long the entire machinery world has been built up around it. A low price has been assumed forever. Now fuel is unaffordable by a large and increasing part of the world economy: the part that has been charged with servicing the world’s debt.
The outcome of the high price has been demand destruction with resulting sharp fall in the price: down then up then down again. The public naively believes the decline in price is an unadulterated ‘good thing’ but prices fall today because something important has died … such as a country.(My Edit: Spain.... :twisted:
Post Tue Jun 05, 2012 7:29 am by mcgowanjm Re: Mounting signs of deepening global slump
Post Tue Jun 05, 2012 7:29 am by mcgowanjm We've got maybe 2 weeks left, probably less, as the banks/fiance won;t wait for the greek election results to move.
