The real problem with Wall Street isn't corruption, excessive bonuses, greed or contempt for the poor. It's that for decades, it's been selling to the innocent masses a total fabricated lie called "Infinite Growth".
This "Infinite Growth" lie is the foundation on which the whole World Economic System is built, it's the serious fundamental "bug" in the code that IS the Economic System, and it's what is now crashing before our awe struck eyes.
Infinite Growth is where money needed to pay interests on loans comes from. In other words, since money doesn't materialize out of thin air, it's growth that generates the extra money needed to pay the interest on money loaned to us.
So, obviously, NOTHING human can grow infinitely. Economy, on a finite sized planet (Earth doesn't inflate), with finite resources and with a finite capacity to absorb human garbage, cannot grow infinitely.
The World Economy is now slowly reaching the point where growth cannot be sustained.
And for those who think that 1.5 billion Chinese and 1.3 billion Indian consumers will keep fueling growth, well there are irrefutable calculations that show our planet cannot provide enough energy to propel 3 billion more humans to our standard of living.
Even if we were to attempt reaching such a foolish goal, the planet's ecosystem wouldn't survive it.
So, no growth, no extra money to pay interest on loans, Banks fail, Corporations default, countries default, YOU default.
Wall Street doesn't want the party to end. Wall Street will keep on selling you its lie, and you will keep on buying it because, let's face it, you don't want the party to end either.
What our Economy Nobel Prize winners should be doing now, and should have been doing for decades, is inventing a new Economic System based on stability instead of growth. Better yet, a new Economic System built on degrowth which would shrink human population to a size manageable by the planet's ecosystem.
One can always dream but what will most likely happen, is that Governments will keep feeding money to countries, to corporations and to Banks in order to keep the illusion of interest payments. Since growth won't provide that money, where do you think the cash will come from..?
FROM YOU!
Your Retirement Funds, your insurances, your savings, they'll burn EVERYTHING in that old and obsolete fireplace of an Economic System.
And then, after the collapse, only then, will our economic geniuses start creating the New Economy.
Yeah.
Patent Trolls should be encouraged, helped, and blessed.
If enough of them win, it'll bring this whole insane Patent and Economic system to a screeching halt.
Then, and only then, will something be done, reforms be implemented and sanity restored.
Until then, slow death drags on.
In Catholic religion, every child is born with The Original Sin.
Now, thanks to our ever expanding Intelligence and Whisdom, every child is now born with the Original Infraction.
With all the Laws, Rules, Copyrights, Patents, etc... Every citizen in the US can be LEGALLY emprisonned at birth (Isn't that Mickey Mouse blanket an illegal copy?).
Aint that convenient for ANY government..?
I predict a lot countries will adopt US style Democracy... After all, with a Democracy like that, who needs a Police State?
But ignore this comment, I'm just one of those paranoïd watchamacallits.
Stop calling it The "Theory" of Evolution!
It'a a FACT!
We have fossil remains, carbon dating (how I love dating Carbon... so Black!), genetic maps, etc, it is proven!
When we still call it a "Theory", we shoot ourselves in the foot.
According to the Bible Adam and Eve had 3 sons: Cain, Abel and Seth.
So, to populate the Earth, the 3 boys had do it with their Mother, then with their own daughters, Adam with his granddaughters, etc, etc...
Way to go Creationists! Let's all promote and revel in incest and perversion.
It's a small step, but in the right direction...
Now, what about that guy Jesus and these 12 other men...
Slashdot Mirror
The real problem with Wall Street isn't corruption, excessive bonuses, greed or contempt for the poor. It's that for decades, it's been selling to the innocent masses a total fabricated lie called "Infinite Growth".
This "Infinite Growth" lie is the foundation on which the whole World Economic System is built, it's the serious fundamental "bug" in the code that IS the Economic System, and it's what is now crashing before our awe struck eyes.
Infinite Growth is where money needed to pay interests on loans comes from. In other words, since money doesn't materialize out of thin air, it's growth that generates the extra money needed to pay the interest on money loaned to us.
So, obviously, NOTHING human can grow infinitely. Economy, on a finite sized planet (Earth doesn't inflate), with finite resources and with a finite capacity to absorb human garbage, cannot grow infinitely.
The World Economy is now slowly reaching the point where growth cannot be sustained.
And for those who think that 1.5 billion Chinese and 1.3 billion Indian consumers will keep fueling growth, well there are irrefutable calculations that show our planet cannot provide enough energy to propel 3 billion more humans to our standard of living.
Even if we were to attempt reaching such a foolish goal, the planet's ecosystem wouldn't survive it.
So, no growth, no extra money to pay interest on loans, Banks fail, Corporations default, countries default, YOU default.
Wall Street doesn't want the party to end. Wall Street will keep on selling you its lie, and you will keep on buying it because, let's face it, you don't want the party to end either.
What our Economy Nobel Prize winners should be doing now, and should have been doing for decades, is inventing a new Economic System based on stability instead of growth. Better yet, a new Economic System built on degrowth which would shrink human population to a size manageable by the planet's ecosystem.
One can always dream but what will most likely happen, is that Governments will keep feeding money to countries, to corporations and to Banks in order to keep the illusion of interest payments. Since growth won't provide that money, where do you think the cash will come from..?
FROM YOU!
Your Retirement Funds, your insurances, your savings, they'll burn EVERYTHING in that old and obsolete fireplace of an Economic System.
And then, after the collapse, only then, will our economic geniuses start creating the New Economy.
After a century of suffering for the people
Toupeed, botoxed, lifted, make-uped, plastic faced and brain dead politicians: 1 Science, knowledge and NASA: 0
Yeah. Patent Trolls should be encouraged, helped, and blessed. If enough of them win, it'll bring this whole insane Patent and Economic system to a screeching halt. Then, and only then, will something be done, reforms be implemented and sanity restored. Until then, slow death drags on.
In Catholic religion, every child is born with The Original Sin.
Now, thanks to our ever expanding Intelligence and Whisdom, every child is now born with the Original Infraction.
With all the Laws, Rules, Copyrights, Patents, etc... Every citizen in the US can be LEGALLY emprisonned at birth (Isn't that Mickey Mouse blanket an illegal copy?).
Aint that convenient for ANY government..?
I predict a lot countries will adopt US style Democracy...
After all, with a Democracy like that, who needs a Police State?
But ignore this comment, I'm just one of those paranoïd watchamacallits.
He added three words to Microsoft's License so it reads:
"Microsoft - All Rights Reserved / All Wrongs Denied"
Fired the guy but may keep the change.
Business as usual.
Yeah,
You'll be able to enjoy free energy, disconnect from the power grid, and enjoy singing tomorrows...
Never gonna happen.
Not good for THE ECONOMY!
You gonna pay till you die (and your childrens after you)
Period.
Wake-up!
Market Economy.
Capitalism.
Enjoy!
...and they've shown restraint. They didn't throw her out the Shuttle!
The dumber you get, the stronger they get!
Stop calling it The "Theory" of Evolution! It'a a FACT! We have fossil remains, carbon dating (how I love dating Carbon... so Black!), genetic maps, etc, it is proven! When we still call it a "Theory", we shoot ourselves in the foot.
According to the Bible Adam and Eve had 3 sons: Cain, Abel and Seth. So, to populate the Earth, the 3 boys had do it with their Mother, then with their own daughters, Adam with his granddaughters, etc, etc... Way to go Creationists! Let's all promote and revel in incest and perversion. It's a small step, but in the right direction... Now, what about that guy Jesus and these 12 other men...