Why do you think there are radical opposition movements in the Middle East that are enormously supported?
It is because the US has installed puppet regimes across the region that are corrupt and selling out the people.
The poor are very much aware of this and they are angry and they are rising up.
Unfortunately the US and it's corporations will not give up without a fight - and the place will be 'burned to the ground' because the poor have nothing left to live for.
Years of being ruled by pro-US monsters has left these countries a mess - and the worsening global crisis is compounding the misery.
When the global economy collapses - and it is going to collapse - the Middle East is going to erupt in a fire storm of hate. This is going to make the French Revolution look tame by comparison
"Algerian Generals" = thugs who have cut deals with the CIA to get US support IF they agree to sell out their country to US corporations.
There are probably a few riders including items such as "you will agree to participate in rendition operations if we call upon you - you will be required to carry out torture on our behalf"
Of course none of this is written down but it is well understood.
And we wonder why there are terrorists on the rampage?
See Confessions of an Economic Hitman http://www.youtube.com/watch?v=yTbdnNgqfs8
Does anyone think Bernanke has the slightest clue about what he is doing?
He is at best making it up as he goes along - at worst a complete fool in that he thinks he has the ability to centrally plan an economy.
Ask Soviet Russia about that experiment.
There is no way that stuffing trillions of dollars into the global economy and keeping interest rates at zero is not going to have massive deadly repercussions.
Last but not least - would you have faith in a man who was so woefully wrong in the lead up to this catastrophe http://www.youtube.com/watch?v=9QpD64GUoXw
But perhaps the optimist’s imagination is too weak to imagine a different trajectory – toward a world in which people enjoy the fruits of automation as leisure rather than as additional income.
I am trying to wrap my head around taking this to the extreme - say a world where almost everything was automated - with a small number of people controlling the machinery.
Of course we'd still need some other people e.g. partners in firms who brought in business... creative people etc....
Say over 50% of the working age population was not required.
Would they just sit around all day watching Dancing with Stars while getting chits from the govt for free products and services?
Or would these people live in squalor like base animals?
Very difficult to envision what would happen.
In any event, we won't get there because we have hit the End of CHEAP Energy ... and growth and innovation will end as our supply of cheap energy runs dry
The Collapsing Arab State
And the neo-colonial present of course
The Collapsing Arab State
This article is absolutely pathetic.
Why do you think there are radical opposition movements in the Middle East that are enormously supported?
It is because the US has installed puppet regimes across the region that are corrupt and selling out the people.
The poor are very much aware of this and they are angry and they are rising up.
Unfortunately the US and it's corporations will not give up without a fight - and the place will be 'burned to the ground' because the poor have nothing left to live for.
Years of being ruled by pro-US monsters has left these countries a mess - and the worsening global crisis is compounding the misery.
When the global economy collapses - and it is going to collapse - the Middle East is going to erupt in a fire storm of hate. This is going to make the French Revolution look tame by comparison
The Algerian Tragedy
"Algerian Generals" = thugs who have cut deals with the CIA to get US support IF they agree to sell out their country to US corporations.
There are probably a few riders including items such as "you will agree to participate in rendition operations if we call upon you - you will be required to carry out torture on our behalf"
Of course none of this is written down but it is well understood.
And we wonder why there are terrorists on the rampage?
See Confessions of an Economic Hitman http://www.youtube.com/watch?v=yTbdnNgqfs8
Ten QE Questions
Does anyone think Bernanke has the slightest clue about what he is doing?
He is at best making it up as he goes along - at worst a complete fool in that he thinks he has the ability to centrally plan an economy.
Ask Soviet Russia about that experiment.
There is no way that stuffing trillions of dollars into the global economy and keeping interest rates at zero is not going to have massive deadly repercussions.
Last but not least - would you have faith in a man who was so woefully wrong in the lead up to this catastrophe http://www.youtube.com/watch?v=9QpD64GUoXw
The Rise of the Robots
Excellent article - I particularly like this:
But perhaps the optimist’s imagination is too weak to imagine a different trajectory – toward a world in which people enjoy the fruits of automation as leisure rather than as additional income.
I am trying to wrap my head around taking this to the extreme - say a world where almost everything was automated - with a small number of people controlling the machinery.
Of course we'd still need some other people e.g. partners in firms who brought in business... creative people etc....
Say over 50% of the working age population was not required.
Would they just sit around all day watching Dancing with Stars while getting chits from the govt for free products and services?
Or would these people live in squalor like base animals?
Very difficult to envision what would happen.
In any event, we won't get there because we have hit the End of CHEAP Energy ... and growth and innovation will end as our supply of cheap energy runs dry
http://moraymint.wordpress.com/2013/02/19/energy-reality-intrudes/