Debt Rattle August 26 2015
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Russell Lee Sharecropper mother teaching children in home, Transylvania, LA. Jan 1939 • China Stocks Slump as Rate Cut Fails to Stop $5 Trillion Rout
[See the full post at: Debt Rattle August 26 2015]Debt is the devil incarnate; get rid of debt by whatever means necessary.
If it all goes to hell; your personal sovereignty will only exist if you are debt free.
Fully understand debt. Debt is capitalism’s lever; the tool that rules…
Cash is king until it isn’t…“It doesn’t matter what they do anymore.”
Well – nothing within the normal range of actions of modern banks and governments. But don’t forget that China is truly different. For one thing, the idea that the central government is a unified group is wildly inaccurate; there are multiple factions operating at the top; and one of them, still quite powerful, is still mainline Communist. They never liked all this capitalism anyway; and now they have a chance to take back power, by “doing something” effective.
My Chinese partner was one of the intellectuals sent to the country for years in the Cultural Revolution; he’ll be about 50 years old now. Plowed rice behind a water buffalo for 3 years, and really knows what “poor” means.
I think China is entirely capable of launching something on the scale of another Cultural Revolution – where the populace is directed and incited to take things entirely into their own hands; this time directed against new rich capitalists instead of intellectuals and historians.
The central government could just announce “ok, all this capitalism stuff was obviously a mistake; just go take back all the wealth the rich have stolen.”
This would be ugly; possibly not very effective; but it would for sure make a difference. 🙂
“Who rules Italy?”
That is a seminal question – very seriously – and once again, Ilargi, you are way out ahead of the curve here.
The European Eunion is turning into Roma stew. 200 ingredients and different every day; and not heading in any particular direction.
Is it even possible for humans to maintain an effective and just government over time? We seem to repeatedly break into factions; fight, separate, and lose all advances.
Looking for answers, we ignore Africa as a place with anything to teach – most cultures there were in a state of feudalism at best when Western Civilization started moving in.
But in fact Africa is the oldest population of humans; had many highly evolved kingdoms, possibly invented copper and iron working, was exposed to the many advances of Egypt for thousands of years – but has repeatedly crumbled back to village pastoralism.
There is zero chance this is because black peoples are stupid or inferior – scientifically; zero. They are pure human. The oldest peoples. They do not show examples of humans being able to maintain complexity in states, empires, governments.
Greenpa, maybe it has something to do with the fact that they have by far the largest genetic diversity of all continents.
Ilargi – it would be enormous fun to try to tease out cause and effect there- they had empires, which can (not always) lead to decreasing genetic diversity, as some are slaughtered, and genes mingle – It’s not impossible the diversity is the result of empires failing, and small groups staying separate for very long times; as well as initial diversity leading to failures to stay united… We have no handles on the question, as far as I know, and no one studying it- but, what fun it would be.
Greenpa
I always assumed that Africa’s human genetic diversity was because humans had been there longest and had had time to mutate and diverge whereas the colonisers of the rest of the world from Africa hundreds of thousands of years later would not had as much time to mutate. i.e. Africa is the original source of all humans and still has all the earliest diversity
Carbon – that is a large factor, but it has turned out to not always be the ultimate determinant. Population geneticists study exactly this across taxa; many, many plants and animals have their modern “center of diversity” very very far away from their origins. Oak trees for example originated in what is now North America, according to present knowledge of the fossil record; but the center of diversity is SE Asia. Horses- likewise originated in N. Am; but went extinct there- all descendants are now in the “Old” world, diversity mainly affected by humans.
So – good place to start, but “more study is needed”…
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