Showing posts with label endgame. Show all posts
Showing posts with label endgame. Show all posts

Thursday, December 5, 2013

They're A Bit More Honest In Canada? Maybe ETI Will Contact Them First?

(commentary posted by Roger Erickson)

Generation Screwed: Youth [have no purpose] struggle for jobs, home ownership

That's telling it like it is. Luddites are winning? Winning what?

Nevertheless, even Canadians are only a bit more honest than us here in the states. After all, what kinds of "experts" totally miss the point like the experts quoted in the next newsline from Canada?

BMO job cuts have little to do with sky-high profits
"Technology, sluggish economy mean job losses would occur despite how much banks make, experts say."

Huh?

Translation: We're squeezing water from a stone ... because we don't know what else to do with our citizens and nation. Might as well extract rising rents from our own citizens .. until our nation withers and dies. Our mantra is to do ANYTHING EXCEPT set new goals worthy of re-dedicating our nation, culture and populous to.

Why?

Is there a endgame plan at work here, even by default? I mean, other than parasites consuming the host they THINK they own? That's a dead-end game, not an endgame leading to expanding options. What on Earth has happened to homo sapiens? They used to be a social species, but seem to be reverting to hermit, cultural cannibals before our very eyes. Maybe we're lacking a cultural mirror ... more than any other missing piece of technology? Maybe banksters could hire all those citizens they deem "useless" to work on a cultural mirror system, and thereby help us regain group intelligence?

Until then, we'll continue with unchecked, purposeless rent extraction? Simply because we can? What is the Desired Outcome behind that?

That kind of pea brain outlook is equivalent to a parent saying they ate half the neighborhood children because technology made it possible ... and because they couldn't imagine any other options.

A little more imagination might be called for?

Personally, I'm sure that youth of this age have plenty of imagination - since they always have had, or else evolution wouldn't have occurred. Just because you CAN do things, that doesn't mean you SHOULD. Imagine being more adaptively selective! Isn't that what homo sapiens was named for? Are homo sapiens being replaced by NeoLiberals, or just stuck, temporarily in the no-evolution land between feudalism and further evolution? Growing an Output Gap for three thirds of us doesn't seem like much of a "way."

Adequate youthful imagination would likely be expressed quickly enough, as further cultural evolution ... if only the old farts would quit trying to hoard REAL national options that they can't take with them to the grave? Ya think? These are our kids, grandkids and great-grandkids we're talking about here. Why aren't we managing THEIR options, instead of uselessly trying to constrain OUR current fiat?

What kinds of "experts" miss that point? Those designing their own extinction? Like dinosaurs? Perhaps the kind that never interacted enough with their own kids to notice that there's no adaptive point in economic cannibalism?

We haven't seen such an anal, "bankster" outlook this widespread since ... well, really, since the pre-Christian era in Europe, or the pre-Buddhist & pre-Jain era in Asia. Certainly not since the Reformation and Renaissance. The bankster mentality has degenerated all the way back to class war and the culture of class-based vs nation-based mercantilism. Do we really want to return to squabbling subunits that pit "our" classes, clans, castes and tribes against all others ... INSTEAD of at least sticking together by national allegiance, reaping the insane return-on-coordination, assimilating all citizens, and creating even more, newer cultures, more ethnic diversity and more, newer mythologies?

Sure, we may envision a time when there is once again guaranteed mobility, at least for honest, non-toxic individuals & sub-groups whose negative reputations don't precede them. But do we really want to let a tiny cabal of existing uber-merchants (instead of Communists) Centrally Plan and rush this transition, without more careful consideration? Are we to trust Merchant Central Planners, just because they claim to be OUR central planners? Something seems amiss in the message they promote. Every prior rush to deregulate without re-regulating even more productively - by decentralized consensus - has only ushered in a chaotic period of rampant looting by whomever can get away with the initial deregulation. Somehow the CP-deregulators themselves never get around to decentralized re-regulation again. By definition, it's beyond them. It's simply not in their repertoire.

Well, gag me with a Luddite and call me stupid! 'Cuz I don't see the point in being NON-SELECTIVE about deregulation. At all. We're throwing our entire next generation out with the nominal, fiat bathwater this time. Tune the damn system, carefully, rather than just looting components willy nilly?

There is no way to hoard static assets without growing a group Output Gap.

And tempo matters. 50% cultural degradation this year is FAR, FAR worse than 100% cultural growth next year.

Why? Because the evolutionary value of Dynamic Assets leaves the value of Static Assets in the dust. That's why social species succeed, and why homo sapien cultures outstripped other primate species. It's far smarter to stay fully invested in growing dynamic assets, than to stupidly hoard static assets. That means investing in Democracy, NOT just in personal ownership of more static assets. The whole strategy of social species is 2-stage optimization: keep the components alive AND grow the system (faster than either can grow when working at cross purposes). Instead, humans in NeoLiberal regimes are reverting to negative rates of interest in expanding group intelligence.

"Banksterism AND Busted Evolution" - that's become our motto. Some twisted minds even posit that as doing the work of one or more gods. SETI results are suggesting otherwise.





Wednesday, July 18, 2012

Woj — Central Banker Admits to Failure of Monetary Policy

Here is something you don’t see everyday...a Central Banker admitting that monetary policy is ineffective: 
"Christian Noyer, a governor of the Central Bank of France (in an interview with Handelsblatt): 'We are currently observing a failure of the transmission mechanism of monetary policy. From the markets’ perspective, the interest rate facing individual private banks depends on the funding costs of the state where they are domiciled and not on the ECB overnight interest rate… Hence the monetary policy transmission mechanism does not work.'”
Read it at Bubbles and Busts
Central Banker Admits to Failure of Monetary Policy
by Woj

The rest of the post is also worth reading for an analysis of the failure of the EZ and why transmission is not working. Expectations have shifted from the central bank rate to national concerns. The ECB is becoming increasingly irrelevant.


Thursday, May 31, 2012

Repent, the end is nigh!


Raoul Pal: "It is the big RESET. From a timing perspective, I think 2012 and 2013 will usher in the end."

Read it at Zero Hedge
"The End Game: 2012 And 2013 Will Usher In The End" - The Scariest Presentation Ever?
Posted by Tyler Durden

Extreme? Well, Warren Mosler said something similar on December 2nd, 2011, in DC takeaway. (h/t Roger Erickson via email)
So from what I can see, there’s no chance that the ECB would fund and at the same time mandate the higher deficts needed for a recovery,In which case the only thing that will end the austerity is blood on the streets in sufficent quantity to trigger chaos and a change in governance.