reply to post by Illusionsaregrander
Nice posts, these are things I have been saying for decades now.
The government has to play the role of the impartial rule maker. That is the only way for the market system to work effectively, and this has been
done numerous times in the past, and it can be done again. It is by convincing people that government can not play the role of impartial rule maker,
have the super rich succeeded in destroying what worked, out of pure greed.
Anybody paying attention can see this next big economic collapse coming. The real unemployment rates are far worse than being reported, anywhere from
16% to 25%, and those numbers are increasing as states with budget cuts are now letting people go. Then there are those businesses that work for the
state who will also be loosing revenue.
The whole economy has been sustained by debt, but this can only last for so long, until the debt is maxed out.
People who are not earning money, can not afford to buy stuff.
At the same time, planet Earth is running out of accessible oil. We have an infrastructure completely dependent upon oil. The answer would be to
retool our economy, but with the whole denial and free market scam, that isn't going to happen until things get way worse.
The current global economic system is essentially, manufacturing goods in at slave wage rates in third world countries, then shipping them to first
world nations to be sold.
Not to mention that the whole system relies upon the production of goods that are built to fail after a certain amount of time, to then be disposed,
and replacements purchased, with no consideration of repair. Even though large parts of this equipment is salvageable, considerable effort is put
into preventing any attempt at restoration or repair. The whole system is a disposable society, where nothing is kept for very long, because the turn
over of goods is what keeps the economy running for the super rich at the top, who make lots of money by keeping products disposable.
All this is incredibly inefficient, and is designed to be inefficient, because that is what is best for the super rich, and everyone else who goes
along with this system. As long as they have jobs, most people will not make any effort to fix this system. They don't want to hear that this whole
system is unsustainable. All they know is to do as they are told. Thus, we have an electorate that is fully invested into the system, the workers
and the large numbers of retirees dependent on the markets where they have their retirement funds invested. Change will not come until it is forced
That change is coming in the current decline in world oil production, peak production being in 2008, we are about to see rapid declines very soon.
That wells that once produced sweet light crude are now primarily producing sour heavy crude, which disguises the reality of the situation, but the
price at the pump does not. Processing sour heavy crude is much more expensive than sweet light. Soon, the sour heavy will start to decline in
production, it that hasn't already began. Things are probably far, far worse than anyone imagines. Those wide spread riots are not because the
people suddenly woke up to what a bunch of despots run their country, but because declining oil production means less money for everyone, and the
people at the bottom of the food chain are now desperate. They don't report the details of world oil production these days for a reason, and that is
to hide the truth.
Peak oil is a juggernaut that answers to no one. The desires and opinions of consumers and businesses will have no weight when the oil is gone.
They will be forced to abandon that $30 trillion of then worthless rolling stock and infrastructure if they wait till Mother Nature shuts down the gas
Trying to preserve the automobile with its freeways and fuel tanks will inadvertently hasten our economy's decline. In the next few years we will
either spend another $30 trillion more just to operate and maintain our ill-fated oil-based monstrosity -- most of it leaving our economy to support
unfriendly regimes -- or we will spend a "mere" $10 trillion building a post-automobile transportation system -- boosting our own economy --
designed to operate henceforth sustainably with solar energy already bought and paid for, without fuel, for the long term.
I don't think solar power is the answer, I think the real move must come from ending the whole disposable society method of economics in order to
vastly decrease our energy consumption. Manufacture locally, goods meant to last a long time, designed to be upgraded. This takes control away from
Building goods in one part of the world and shipping them to the other will no longer be economically feasible. Our planned obsolescence, disposable
society will no longer be sustainable. Major change is coming in the next five to ten years.
The banking elites who have taken over our planet so effectively over the last decade as a result of Newt's contract on America, can not fix this by
shifting investments around, and lowering interest rates here and raising them there. When you dismantle the manufacturing base of the U.S., and
eliminate huge numbers of jobs, it is foolish to expect U.S. consumers who have lost their jobs to keep consuming at the same rates. If you don't
pay the workers enough money to afford to buy goods and services, than the businesses that provide those goods and services are going to go bankrupt
without customers, and all that investment becomes worthless.
They used the energy crisis in the first place to set up this global system that serves them so well, but it will be the final energy crisis that
takes them down in the end.
These are fundamentals, but no one wants to hear this.