Handwriting is also very therapeutic...
Scratches to Sketches
Friday 29 November 2013
Ron Paul vs Paul Krugman: Who Is The True Prophet, Who Is The False? | InvestmentWatch
Based on past behaviour of the FRBNY one, not me, was fooled by the notion that no monetary authority could be so stupid. Yet, Bush had his allies doing what was the most stupid inflation of a hundred years.
Waste in Fossil Fuel Discovery. The World is an Addict and there are no 12 Steps to Recovery!
Governments have not taken the bull by the horns. They have allowed it to destroy the shop. There seems to be more money to be made destroying earth than saving it? So earth as a nice place is going faster than you think! Prepare for the worst of all political, social and economic scenarios in which most people fail and a very few succeed spectacularly. Brave new world has arrived! The average among us will live impoverished lives. Gadgets and spectacularly high density curved flat screen TVs won't solve real issues. They will only increase the numbness that people experience as they pay off their debts so a few can get filthy rich lording it over everyone else. Yes! The mathematics is not kind.
Chuck Hagel: clean energy capability makes US Army 'stronger fighting force'
The US is now capable of fighting environmentally cleaner wars?
Unfortunately Charney does not have the basic understanding of banking and open economy economics needed to be an effective Bank of England governor.
King was not much better. He, however, had a better balance. Fact is that the UK is sliding rapidly into instability because of its openness to the world economy and its failure to even begin a reform of the banking system. Yes! We will see a repeat of the world financial disasters that have plagued this post 2000 period. This time the UK could be at the centre of instability. Someone trained our young economists to be dunces and to think that society itself being socially parasitic was acceptable. Or, is it just Cameron / Osborne forgetting how stupid Thatcher's money market banking system Big Bang reforms were when viewed as a social dynamic. We now see the consequences of bad structural reforms of a banking system that was working forty years ago in a socially benign way but now acts as a social parasite destructive of all the values society needs to succeed.
Why housing bubbles are so dangerous, as in the Philippines / UK
They are ultimately a precursor to the breakdown of fragile peaceful social fabrics that take generations to create. As neighbour goes to economic war with neighbour in maturity mismatching crated by monetary excesses underlying a housing bubble, it becomes more acceptable to view extremes such as genocide as social norms.
The extreme view becomes the norm because there are no more standards of decency left. More that housing values are destroyed by society at soar with itself in the dynamics of a housing bubble.
Governments create these problems as they try to sort out personal problems that become translated into social problems. Realise that in a housing and stock market bubble, society is an addict! Realise too that the bubble is almost always a result of maturity mismatch in which the bankers involved yet senior in their field really do not understand the underlying mathematics of banking and credit creation. In other words social war is preventable.
Society moves to the extreme right?
Carney has concerns the UK housing market is already out of control and he does not have the monetary instruments necessary to dampen demand.
The London housing market operates like the gold market being fueled by uncertainties in countries where banking systems of economies are corrupt.
War seen as a new way to conduct business rather than trade in a world where people see no future
The world is sliding into war, so we all better get battle gear on and train to kill? Ridiculous as it may seem, it is on the future path that I predicted in 2004 for world war by 2023. Are we seeing an inexorable timetable to create killing fields that is stronger than human initiative to redirected aggressive energies and that results from demographics and bank debt creation more than politics? The world needs a sedative it does not yet have.
Is man up to the challenge of controlling the urge for banks to create war debt? Can governments succeed in maintaining a relative world peace or will the spoilers tip the table over and have a good old style bash at killing their friends and neighbours?
Biden the peacemaker in an inter generational role between two proud nations China and Japan. It's so rediculous now that even Scotland and England can't see they must get on together?
Have you noticed the build up of international tensions that are a direct aftermath of peaceful coexistence for generations and the emergence of new younger generations that have forgotten their very very very ordinary mortality.
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
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