Take the global food crisis for example and whose ramifications are so diverse that the root causes are never truly considered. While 'The Last Bite' is an interesting read, it doesn't link the impact of debts which is highly inflationary and thus skews production/demand alike in a way that is difficult to diagnose. That is called the 'wonders' of Keynesian economics. In my editorial 'Hey Buddy, Can You Spare $ 1,000tn', I mentioned the current global leverage is more than 4 times the world's GDP. Talk of banking interests running wild and eating ALL profits. Now let's throw into the mix the 'buy low, sell high' mantra and we have the recipe for Armageddon-like food shortages. Ellen Brown wrote an excellent piece which will help grasp how and why speculating on food is in fact betting on hunger! Another unintended consequence is that it could backlash severely under the pressure of protectionist measures that would only make the matters worse. The 'velocity of monetary interactions' makes it impossible for the big bureaucracies to adjust... So was globalization a Decree Mass Death by Starvation all about?
The Money Cartel Inflicts Absolute Misery
One of the greatest ironies is the governor of the Bank of England criticizing the remuneration and bonuses offered by London-based financial institutions. This statement could fit any world Financial Mecca. But playing casino with whatever we value the dearest for the sake of unlimited enrichment creates awful wealth gaps turning humanitarian organizations into 'useless and corrupted enterprises'. To make a point, let's consider the following stories of Chinese children sold "like cabbages " into slavery ... and the race for biofuels killing wildlife - Hey Al Gore, Greenpeace and U.N, where art thou?
At the best that the peak-oil exists or not is irrelevant because the Solar Revolution and the end of 'Big Energy' are right around the corner. The Money Cartel is dying but going to take us down with it. History could repeat itself again and engineer and new Feudal Superclass if events and their causes are not interpreted properly. Sure, after having read this column some still may think that the world will never change and that rich people are in fact much happier than poor people... but how happy could one be in a world where only 10% of the population depend on economic slavery?
Global financial markets have become 'a monster' that 'must be put back in its place', the German president has said, comparing bankers with alchemists who were responsible for 'massive destruction of assets'.... 'he complexity of financial products and the possibility to carry out huge leveraged trades with little [of their] own capital have allowed the monster to grow also responsible [is] the grotesquely high compensation of individual finance managers'... (FTimes.com: 05/15)
The problem, you see, is that the top 10% represent those people and their closest cheerleaders. How would the crowd react when hearing that the farm subsidies given to Paris Hilton and her family contribute to the deep impoverishment of developing countries? .. so what do we do now?
As it stands, there are four vital arguments against government that have to be dealt with if we really want a better world. Maybe at some point when people will have understood that power and money are tricks to keep masses enslaved, that Mother Nature has made sure to set a ceiling to power and wealth, all of which makes it impossible to take over unethically, maybe... the abolition of money as a concept will appear as the only viable solution. Until then, we'll have to endure the 'Final Monetization' and abandon Mankind to its own destiny.
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