and change can only come through crisis, and repeated bad solutions that have to fail first. Every wrong thing must be tried to the point of nausea to preserve financial flows for those with economic advantage.
I have faith in humanity, that we'll be significantly better overall in 10,000 years, its just the stupidity that we could get there in 300 years if we had evolved a little farther from bacteria and cockroaches, but we haven't yet.
In your world view, the word morality itself has no meaning or context. It simply doesn't exist. You might admit a word like 'law', but it can only be practical convention, there is no inherent right or wrong.
having virtually no impact on asset markets. Money over mind.
if you visualize a relatively small number of people sitting in front of gigantic piles of money and a responsibility to get a return on investment.
This is distinctly different from visualizing a real economy as a system, and measuring growth.
When capital was scarce, the second method worked well, and it was the reason capital markets were created. Since central banks took control of modern financial economies, the first method has become dominant and the second method, quaint.
loufah, since you feel comfortable just making statistics up because its funny, why not say markets historically gain 19% per year ? Posting disinformation isn't freedom of speech, its disrespectful to everyone around you.
No easy way to go back and check now, so take my word for it. The 'data' was not getting better yet, when the market bottomed. It was still horrible, and getting worse, but THE RATE OF CHANGE OF HOW FAST IT WAS GETTING WORSE had begun to slow down.
Even now its hard for me to believe that it was enough to declare a bottom, and Timothy Geithner had just said "I don't have any idea of what to do now". Speculators are funny, cold blooded lizards.
This is the kind of fictional literature you got a C- for in high school.
check out MIT research in graphene '1nm hole' sheet as an upgrade path from reverse osmosis membrane filtering technology, for much lower pressure desalinization. This is nanotechnology, maybe it will save us after all.
Isn't it interesting we can treat water from lakes and sewage ponds effectively into drinking water in most cities, but to take salt out of sea water to make it potable seems an order of magnitude more difficult and expensive.
markets are dead
surely some of these people in charge #$%$ their pants daily as they contemplate what they've done, and where we are now. Over the edge.
Are you related to Phil Gramm, the politician-economist ?
Survival requires risk taking and failure. We've evolved from a deeply difficult past and remain in difficulty today, although our capacity for self deception is considerably higher now. Our optimism causes us to put too high a present value on the things around us, and our prospects for success. It is why stock markets generally rise, and why manipulations are more often believed than ignored.
Sports heroes are real, but their performance windows are generally short. Business leaders rely primarily on misperceptions for their glory. Politicians buy theirs with our own money. Maybe they're the most clever. The people and institutions that lead us and in which our future confidence lives are largely a theatrical charade.
The only thing sadder is being duped into being a US Marine, getting treated very hard, and dying without pity as a worthless pawn for the global moneyed elite.
When you print money, civil wars stop. Also it prevents roach infestations, stops gutter leaks, and is a AMA approved alternative to chemotherapy. Its just good stuff.
I forgot, you're the Z scourge guy. You can recognize their strong tendencies toward greed and selfishness, but you've elevated it to an intergalactic thing, and you're on your own.
But your understanding of the Ukraine is way off. I've seen recent pieces by George Friedman/Stratfor that are much more articulate than your nonsense.
blo, who you talkin' bout, Ike Turner ? Ted Turner ? Franklin Delano Turner ?
Its astounded me we haven't already collapsed in university finance. Its a freight train out of control.
moneyhoney, spend 5 minutes and look at actual benefit levels instead of wallowing in some fantasy. I won't 'spoon feed' them to you, a man changes his own mind.
They're not trying to subvert the Ukraine, they're trying to interfere with Putin taking control of Ukraine.
Pyramids of priorities aren't resolved by filling all possible needs at one level before moving to the next one. Using your argument Republicans could say no food stamps at all unless all military wants are met. Democrats could argue no military spending unless every American has three fit meals per day. Reality is a compromise.