tag:blogger.com,1999:blog-2761684730989137546.post8007458644505800238..comments2024-03-29T02:19:19.866-04:00Comments on Mike Norman Economics: Janet Tavakoli on Anarchy in Americamike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-2761684730989137546.post-33650974042812006872011-06-09T11:55:48.439-04:002011-06-09T11:55:48.439-04:00Crake,
Repeal of Prohibition in the US in 1933 an...Crake,<br /><br />Repeal of Prohibition in the US in 1933 and an end to all of the violent organized crime associated with the bootlegging perhaps?<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-71361981034668457182011-06-09T09:56:45.728-04:002011-06-09T09:56:45.728-04:00Why were the 1930s (a period of “real” pain for a ...Why were the 1930s (a period of “real” pain for a much higher percentage of people) so different – violent crime went down. For example: http://www.npr.org/templates/story/story.php?storyId=97234406<br /><br />Internet flash groups and police budget cuts explain it – seems to simple to me? Or are the reports exaggerated?Crakehttps://www.blogger.com/profile/07995319378514270093noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-78058106693238179502011-06-09T07:53:18.378-04:002011-06-09T07:53:18.378-04:00NP,
"entire infrastructure is run on borrowed...NP,<br />"entire infrastructure is run on borrowed money,"<br /><br />Who did we "borrow" it from?<br /><br />Please see <a href="http://mikenormaneconomics.blogspot.com/2011/04/who-did-roman-government-get-this-money.html" rel="nofollow">this post</a> and the astute comments there<br />, "money" does not just appear ex-nihilo. It does not just spontaneously generate.<br /><br />"Past debt can only be repaid out of future prosperity": this statement implies TIME TRAVEL.<br /><br />Ex some of the resource issues you identify (which can be managed imo) we get right out of this with the proper fiscal policy, yes it is that simple. <br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-23861242758163979652011-06-09T07:00:47.202-04:002011-06-09T07:00:47.202-04:00When crowded together, all species fight for survi...When crowded together, all species fight for survival, that’s what’s happening right now. If you think ‘wildings’ are bad, you ain’t seen nothing yet! The USA has bet infinite growth against finite resources, and isn’t going to take kindly to losing. A fully armed nation of 300 million whose way of life has been destroyed is going to make the ‘Arab spring’ look like backyard target practice.<br />Poverty is gradually climbing the social ladder, and millions are struggling to stay one rung higher as politicians utter words of comfort about ‘growth’ and ‘job creation’ to solve the nation’s problems. The problem is people. A century of oil fueled plenty created the means by which they got here, (from 76 million in 1900) now they demand to be fed and housed just as the cheap oil-energy era is ending. Without government aid, 10% of Americans would starve and millions more are only one paycheck above that, in the most ‘advanced’ nation in the world.. The entire infrastructure is run on borrowed money, ($14 Trillion debt), which can never be repaid. Past debt can only be repaid out of future prosperity. In the absence of cheap oil there will be no future prosperity. As with all debtors, when the creditors (mainly the Chinese) have had enough, they will pull the plug. When that happens the collapse will be total. Already, police forces, like armies, are unaffordable, fighting off the forces of chaos is becoming increasing difficult as energy becomes more expensive. The same applies to health care. Just too many people needing it, too little money/energy to supply it. This isn’t exclusive to America, all the developed nations of the world overpopulated themselves on cheap energy. When there’s no cheap energy, your future is going to be very different. http://www.yourmedievalfuture.com/N.Pagetthttp://www.yourmedievalfuture.com/noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-17400175712246615442011-06-09T00:29:55.527-04:002011-06-09T00:29:55.527-04:00This comment has been removed by the author.Ryan Harrishttps://www.blogger.com/profile/04815033054435303399noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-65674983042032484742011-06-08T22:05:50.091-04:002011-06-08T22:05:50.091-04:00Mike predicted this type of thing over 2 years ago...Mike predicted this type of thing over 2 years ago... chaos and social breakdown, crime, etc...<br /><br />Tom you are in a good location there out in the plains...<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-49813376399406879992011-06-08T20:31:53.529-04:002011-06-08T20:31:53.529-04:00her snide underhanded attacks at "media watch...her snide underhanded attacks at "media watchdogs" trying to prevent police brutality are uncalled for and gross.I find it difficult to believe she knows anything at all about police abuses- or any the initiatives supported by media watchdogs in chicago. her day job is calling.Nathan Tankushttps://www.blogger.com/profile/16298104991209885385noreply@blogger.com