Thursday, November 15, 2012

Cascading Systemic Collapse

Greetings good citizen,

We can be sure the unmentioned and therefore ‘inconsequential’ drop of the Dow below the 13,000 point level will be laid at the feet of ‘Superstorm Sandy’

But other evidence points in in a more disturbing direction

The ‘Euro-Zone’ has officially returned to ‘recession’:
Official figures Thursday showed that the eurozone contracted by 0.1 percent in the July to September period from the quarter before as economies including Germany and the Netherlands suffer from falling demand.

The decline reported by Eurostat, the EU's statistics office, was in line with market expectations and follows on from the 0.2 percent fall recorded in the second quarter. As a result, the eurozone is officially in recession, commonly defined as two straight quarters of falling output.

"The eurozone economy will continue its decline in Q4 and probably well into 2013 too — a good backdrop for another debt crisis," said Michael Taylor, an economist at Lombard Street Research. Because of the eurozone's grueling three-year debt crisis, the region has been the major focus of concern for the world economy. The eurozone economy is worth around €9.5 trillion, or $12.1 trillion, which puts it on a par with the U.S.. The region, with its 332 million people, is the U.S.'s largest export customer, and any fall-off in demand will hit order books.
Um, hope you have your waders on good citizen because that tune you’re hearing in the background is Lenny Cohen’s ‘Everybody Knows’.

Isn’t it interesting that the Corporate owned media is telling us that the US exports anything? Although it shouldn’t surprise us in the slightest that corporate USA still PRETENDS its Chinese subsidiaries are just insignificant divisions of US, er, ‘based’ corporations.

Like fucking Apple!

How many of you sooth your consciences with the thought ‘at least it’s not American workers committing suicide due to the unbearable demands of their supervisors’ as far as Foxcon is concerned?

Is it a good thing because they used to be the jobs us workers did, that this is the technology that US engineering perfected?

But hey, what is the US when we living in a ‘globalized’ world? The Chinese would have done it themselves…eventually…once we showed them how.

But wait a minute slim, why is the global economy broken?

Or more succinctly, why has ‘innovation’ stopped dead in its tracks?

Is our badly broken justice system stifling creativity? Why bother breaking new ground if your idea will be stolen and you won’t get anything for it?

(You can’t sue the thief if you aren’t already a gazillionaire…sad simple fact.)

Which is to say the ravenous capitalists will make a fortune and if you’re very lucky, you might get credit for it…somewhere.

Let’s just say that the greatest argument against ‘socializing’ the workplace fairs no better under the largely lawless ‘free markets’.

And under a socialized workplace at least innovation can be pursued, bizarrely the capitalist isn’t interested in killing yesterdays ‘cash cow’ a minute before it is absolutely necessary.

Take a good look at the stagnant, job-starved marketplace and tell me this is a ‘good thing’.

Because civilization itself is on the verge of tearing itself apart, largely due to the abject failure of innovation.

But, again, the capitalist doesn’t give a flying fuck about civilization, oddly the idiot also fails to understand that they only prosper during times of peace (and relative plenty…)

Which is to point out that if this stuff doesn’t piss you off, it will never get addressed…

And if it never gets addressed then we are doomed to keep repeating the same mistakes, over and over again…because we will keep failing to punish the perpetrators and they will keep right on taking advantage of what has proven to be our ‘stupidity’.

Even now there are those among you who don't believe in ‘decisive and irrevocable’ punishment, nor do you connect today’s debacle with the failure of our grandparents to prosecute the criminals who trashed the global economy the last time!

That’s why it keeps happening…because they keep GETTING AWAY WITH IT!

But by now most of you have convinced yourselves I’VE got a problem/fixation with punishment.

And to a degree you’d be correct!

Sad as it may be SOMEBODY has to stand up and do the right thing because the fearless and unpunished fuckers don’t even pretend to be sorry for what they’ve done!

But, naturally…I digress.

So, do you think the rain will hurt the rhubarb?

Who gives a fuck?

Thanks for letting me inside your head,


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