Global Economic Probability

Global Economic Probability - A Glance Ahead

The continuing saga - The replacement of capitalism with "debtism" - let the record show 2007-2012 to be the transition time-frame.

Investment is a strategy of risking capital in the hope of yielding a profit.

The higher the risk the greater the "implied" future reward. We are at a point where the risk of investing in anything is so obviously a losing gambit, I believe the usefulness of the strategy is no longer appropriate or even tenable as an economic "system." What we have now is an economic environment which is tantamount to loans becoming tender for investment in debt, debt supporting more debt--hardly a capitalistic scenario.

I visualize a left arm giving a right arm a transfusion while a left and right leg are bleeding profusely, it may look comforting to the patient but in reality the final outcome will not be denied. Death will occur unless the blood flows are stanched and the deficit is replaced. In the case of the economy the source of replenishment is shrinking while the deep gashes are by and large ignored. You cannot borrow yourself out of debt.

There is no doubt the global and regional economies cannot be resolved using conventional means - capitalism cannot function in an escalating debt based reality - the deficits in play on every level defy a mathematical solution.

The attempts at forestalling the inevitable - mass defaults - are bound to fail. What folks need to do is contemplate a world of chronic shortages, unemployment with companion civil unrest.

Economies will be re-invented by citizens (through need, not want) who will substitute trade, barter, swap, re-purpose and all manner of off the radar black and gray market strategies to stay viable.

This is not necessarily a doom scenario, in fact it may turn out to be a fantastic opportunity to clear the decks of the bloated elite self-interest faction and reduce them to irrelevancy.

In any event - the capacity to adjust as the inevitable occurs will be paramount, most of the adjustment required is mental.

There is only one viable solution - universal debt forgiveness, else--nature will take its course and do that for us. Voluntary default will become no-option default--BIG decisions make themselves if left unattended.

Review points along the way...

Beyond Prophecy...: Double Dip for Dummies 101
Aug 28, 2010
Being eminently qualified as a dummy in the vaporous field of technical financial affairs, I became intrigued with the latest snow drift of economic double dip headlines. There seems to be several schools of thought on the ...

Beyond Prophecy...: Double Dip - Unavoidable?
Jul 31, 2010
Lately, there have been rumblings about a so-called double dip phenomena surrounding the state of global economic conditions. Double-dip is an expression which means in effect, a phase two of the global economic ...

Beyond Prophecy...: Global Economic Meltdown - Act II
Aug 10, 2011
This is not to be a so-called "double-dip" economic collapse, but a continuation of the original. We are witnessing and subject to the continuation of the much touted 2008 economic meltdown (which was Falsely buoyed by tax ...

Beyond Prophecy...: Structural Unemployment - Human Sink Holes
Aug 05, 2010
... 'on the road to deflation', warns Pimco boss El-Erian Mohamed El-Erian, the head the world's largest bond fund, has said the United States faces a one in four chance of suffering deflation and a double-dip recession.

Stay tuned...

Benefits Of Healthy eating Turmeric every day for the body

One teaspoon of turmeric a day to prevent inflammation, accumulation of toxins, pain, and the outbreak of cancer. Yes, turmeric has been known since 2.5 centuries ago in India, as a plant anti-inflammatory / inflammatory, anti-bacterial, and also have a good detox properties, now proven to prevent Alzheimer's disease and cancer. Turmeric prevents inflammation: For people who

Women and children overboard

It's the Catch-22 of clinical trials: to protect pregnant women and children from the risks of untested drugs....we don't test drugs adequately for them. In the last few decades , we've been more concerned about the harms of research than of inadequately tested treatments for everyone, in fact. But for "vulnerable populations," like pregnant women and children, the default was to exclude them. And just in case any women might be, or might become, pregnant, it was often easier just to exclude us all from trials. It got so bad, that by the late 1990s, the FDA realized regulations and more for pregnant women - and women generally - had to change. The NIH (National Institutes of Health) took action too. And so few drugs had enough safety and efficacy information for children that, even in official circles, children were being called "therapeutic orphans." Action began on that, too. There is still a long way to go. But this month there was a sign that

Not a word was spoken (but many were learned)

Video is often used in the EFL classroom for listening comprehension activities, facilitating discussions and, of course, language work. But how can you exploit silent films without any language in them? Since developing learners' linguistic resources should be our primary goal (well, at least the blogger behind the blog thinks so), here are four suggestions on how language (grammar and vocabulary) can be generated from silent clips. Split-viewing Split-viewing is an information gap activity where the class is split into groups with one group facing the screen and the other with their back to the screen. The ones facing the screen than report on what they have seen - this can be done WHILE as well as AFTER they watch. Alternatively, students who are not watching (the ones sitting with their backs to the screen) can be send out of the classroom and come up with a list of the questions to ask the 'watching group'. This works particularly well with action or crime scenes with

Humor4u

Search This Blog