I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career. We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.
Those are the words of George Soros, speaking to Newsweek recently, or so my link says. The billionaire financier who is so feared by the right wing, known to finance such subversive undertakings as Wikipedia and Adbusters. As perhaps the only billionaire who is engaged in proactive movement politics, he is naturally demonized, thought to sleep every day under the bed of Ingamar Johansen before venturing out on moonless nights to destroy capitalism, turn women into lesbians, and promote witchcraft.
“The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing what’s happening.
Except that so many people on the margins do realize what’s going on. We are re-inflating the bubble, overextending the military, encircling ourselves with enemies of our own making. Collapse is not only imminent, but for rest of the planet, perhaps welcome.
Continue reading “If it ain’t a mess, it’ll do till the mess gets here”

