Tradefair & Financials
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Unemployment and the Elephant in the room.
Unemployment and the Elephant in the room.
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Take cover, another carpet bombing raid in progress.
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Well you should know, you're certainly the bomber Harris of this forum.
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Cowabunga, Hip hip hooray the recessions over! the Yanks have shot the Elephant. They have recovered, growth is now normal in the US.
Radio 4 virtually had ticker tape marching bands and cheer leaders out on its financials slot this morning. And apparently this now puts us in a brilliant position. But not alas Europe which is still facked. Has Christmas come early. Lets work backwords. If Europe is fkd we are fkd. Or do you think we will suddenly become China and flood the world with a plethora of exports. The Americans are achieving this by continuing to cut taxes and maintaining govt spending. I know I am o level economics but isn’t that Bollox-ese for print more money. That’s OK because the dollar is the worlds reserve currency. If I was Chinese I would be saying. Whys that then? and why should our dirt poor slave labourers be toiling to keep the Yankee devils in their feather beds. And why is it such good news for us? The radio 4 guy could barely contain his joy when he announced the UK could print as much money as it liked and Europe cannot “hee hee,” So my next question is. Can we really inflate ourselves out of these debts. That is the only way to shoot the Elephant isn’t it. Allow inflation, pay ourselves what we like reduce unemployment and inflate away all our debts. Simple eh? |
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Cowabunga, Hip hip hooray the recessions over! the Yanks have shot the Elephant. They have recovered, growth is now normal in the US.
They are managing perceptions. Look passed the headlines to find the "true" numbers and the true state of their economy. The Elephant is alive and well and getting fatter. The Americans are achieving this by continuing to cut taxes and maintaining govt spending. I know I am o level economics but isn’t that Bollox-ese for print more money Yes, it is. But as long as their army makes sure that the world continues to trade OIL in USDs, as long as the banking cartel continues to make sure that the global financial system collapses in a blink of an eye without USDs, as long as merchantilist nations (China, Japan, Germany, and others) continue to be addicted to the American consumer, they will print, print, print and export green colored paper in exchange for real resources and labour......AND THERE'S NOT A DAMN THING ANYONE CAN DO IT ABOUT IT....in fact everyone seems to be screaming for more. So my next question is. Can we really inflate ourselves out of these debts. That is the only way to shoot the Elephant isn’t it. Allow inflation, pay ourselves what we like reduce unemployment and inflate away all our debts. Simple eh? You are missing the forest because of the trees. The Elephant and unemployment have nothing to do with it. Peak oil and peak debt have everything to do with it. There is not enough organic growth to pay the coupon, nor can one be created without cheap oil or a miracle. In this scenario, the current monetary system collapses....AND THERE'S NOT A DAMN THING ANYONE CAN DO ABOUT IT. |
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Cowabunga, Hip hip hooray the recessions over! the Yanks have shot the Elephant. They have recovered, growth is now normal in the US.
They are managing perceptions. Look passed the headlines to find the "true" numbers and the true state of their economy. The Elephant is alive and well and getting fatter. The Americans are achieving this by continuing to cut taxes and maintaining govt spending. I know I am o level economics but isn’t that Bollox-ese for print more money Yes, it is. But as long as their army makes sure that the world continues to trade OIL in USDs, as long as the banking cartel continues to make sure that the global financial system collapses in a blink of an eye without USDs, as long as merchantilist nations (China, Japan, Germany, and others) continue to be addicted to the American consumer, they will print, print, print and export green colored paper in exchange for real resources and labour......AND THERE'S NOT A DAMN THING ANYONE CAN DO IT ABOUT IT....in fact everyone seems to be screaming for more. So my next question is. Can we really inflate ourselves out of these debts. That is the only way to shoot the Elephant isn’t it. Allow inflation, pay ourselves what we like reduce unemployment and inflate away all our debts. Simple eh? You are missing the forest because of the trees. The Elephant and unemployment have nothing to do with it. Peak oil and peak debt have everything to do with it. There is not enough organic growth to pay the coupon, nor can one be created without cheap oil or a miracle. In this scenario, the current monetary system collapses....AND THERE'S NOT A DAMN THING ANYONE CAN DO ABOUT IT. |
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Maybe we could make a start by splintering that soap box Menelaus is standing on ?
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