Just Wait Til' Next Weekend
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Greece’s Death by a Thousand Cuts continues, but for how much longer? And stop calling it a recession, five years of contraction is a depression. The economy is contracting faster than the deficit reductions, so the debt vs GDP is actually growing due to the austerity. At some point, maybe soon after the upcoming elections, somebody in power will say enough is enough and challenge the EU to pull its funding and watch what happens. Maybe the economy will collapse further, but it cannot escape as long as it is tied to the Euro, so it is nearing time to reintroduce the Drachma and take some modicum of control back. It is like watching the Titanic, but with no lifeboats.
If/When the Greeks reissue Drachma, they will Hyperinflate faster than Zimbabwe times Argentina to the Power of Weimar.
RE
It’s never going to end, ‘things’ will never get ‘better’. Regardless of what people want or politicians promise. There will be no more middle class, no more mechanized progress. Ever.
Greece might get worse: it might become Egypt or Syria … or Kosovo: nobody will come to rescue it this time.
When that big gas gauge in the sky points to ‘E’ there is nothing left. Greece is becoming car-free the hard way. What is taking place is conservation by other means. The other means really are a hard school.
Greece’s economy is collapsing. It will continue until Greece ceases to be ‘modern’. It will live within its resource budget at that point the Greek state will be sustainable.
That is what that word means, by the way …
It’s never going to end, ‘things’ will never get ‘better’. Regardless of what people want or politicians promise. There will be no more middle class, no more mechanized progress. Ever.
A small FIX …
“… things will never get better”
Could be
“things will never be the same”
“things will never go back to what they were”
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All of those expert financial advisers working for those big financial institutes failed to do what they were paid to do. ( If you believe that they were suppose to do due diligence and make good loans)It seems that their judgments must have been fogged up by the drugs that they were taking.
Replacing those people will not solve the problem because all possible replacement candidates will also be on the same drugs. The whole human resource department is on the same drugs and will only consider candidates that are using similar drugs.
Basseterre Kitona post=2388 wrote: Wait…which next weekend are we talking about? May 6 is the weekend after this next one, right?
This (weekend) Sunday is April 29, next (weekend) Sunday is May 6.
steve from virginia post=2392 wrote: It’s never going to end, ‘things’ will never get ‘better’.
It’s really a question of euthanasia at this point – whether anyone is left with the voluntary choice of seeking the services of Dr. Kevorkian, or whether we are all forced to die slowly and in agony, because they tell us the alternative is “wrong”. I believe modern human civilization, or at least portions of it, can potentially still go out with a modicum of dignity, as free beings.
ashvin post=2396 wrote: [quote=steve from virginia post=2392]It’s never going to end, ‘things’ will never get ‘better’.
It’s really a question of euthanasia at this point – whether anyone is left with the voluntary choice of seeking the services of Dr. Kevorkian, or whether we are all forced to die slowly and in agony, because they tell us the alternative is “wrong”. I believe modern human civilization, or at least portions of it, can potentially still go out with a modicum of dignity, as free beings.
I agree with that last statement, but it only will happen AFTER we send the Banksters to the Great Beyond Slowly and in extreme Agony. See “Should Corrupt Bankers Face the Death Penalty” in the Diner.https://www.doomsteaddiner.org/forum/index.php?topic=174.msg1419;topicseen#msg1419
RE
Lot’s have a sense that the ship is sinking. The date of submergence depends a lot on who you are, how you’ve prepared and where you’re at.
I bailed to Costa Rica for other reasons, found an area somewhat off the beaten path and have neighbors who are frugal and remember how to live off the land. We grow, barter and buy locally, walk or bike to the beach and don’t get too hot or too cold. It’s not for everyone, but some enjoy the slower pace, the monkeys in the trees and a growing sense that the fast lane is getting more crowded and dangerous. best of luck to all in these ‘interesting times.’
It just occurred to me, looking at the situation, many Christian Zionists will be so confused.
This is not the rebuilding of the old Roman empire, as they believe Revelations requires, but its dismantling. We are not looking at the slow building of a one world government but the global fracturing.
More and more it looks like the EU will fail. Each elected government of each member conceivably has the option of exiting the EU. Its a role of the dice with each election. Eventually one exiting will cause a domino effect.
Unfortunately exiting will not solve global dependence and facing the concepts of sustainability. In independence individual survival depends on ones completeness in providing for oneself. An aging Greek resident will only live as long as the weakest link. Whether it is food, shelter and heat, medicine, or protection your weakest piece is the heart of the matter. No longer having the infrastructure to enable civil decency places the weaker in grave danger.
So it would be nice if the capitalist dream was true and most efficient but it is not. Not when resources are scarce. Nor is capitalism compassionate to the plight of the individual.
I can see how things are going to get very messy and very unfair.
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