Debt Rattle September 19 2017

 

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  • #36004

    Edouard Manet Portrait of Emile Zola 1868   • When The Market Finally Implodes, Don’t Say These Charts Didn’t Warn You (MW) • S&P 500 Buybacks Ha
    [See the full post at: Debt Rattle September 19 2017]

    #36025
    John Day
    Participant

    “These charts didn’t warn me.” There, I said it. Now what?
    Again, it’s not time for markets. It’s time to support sustained basic human existence in partnership with mom-nature. I’m still “long” subsistence farming. I’ve started digging beds at the vegetable garden of this place, which has tiny houses and RVs for homeless people. It’s something… https://mlf.org/community-first/
    Here is the vegetable garden I’m growing for the people at work, my gift. https://www.statesman.com/lifestyles/doctor-leads-example-with-garden-people-community-clinic/5Sq9dsCdVEoxomdfXG7OVM/
    Here is the how-to-do-it succession rotation gardening protocol for central Texas, that I worked out at home. https://www.johndayblog.com/2016/07/liberty-garden-central-texas-climate.html
    Getting to work takes years, not seconds.

    #36028
    rapier
    Participant

    Dave Stockman has a schoolboy earnestness fueled by his belief that the Market, used in whatever sense or scale you want, can fix all things. A more old fashioned market fundamentalism than the neoliberal version that was taking hold just as he joined the Reagan administration. His version of Economics as the rightful and proper arbiter of most all things may be slightly better than Hayek’s neoliberalism which assigns the Market god like powers but functionally it isn’t any better.

    No system, market or otherwise, nor any ideology is perfect nor perfectible because all systems will be corrupted. Because of course humans are corrupt. I am guilty of the same sort or earnestness in making that assertion I suppose, based on a wide seam of Christian derived moral philosophy, but those ideas carry the weight of a few thousand years of experience and thought, As opposed to the 150 odd year history of Economics invented in support of business corporations, who I might add, are not people

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