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Do you even remotely see this financial crisis as a price that has to be paid by us for Empire's too ambitious aspirations to go farther and farther (and never stop)?
I read somewhere that USA has spent (for its military ambitions) 10 trillion by now and is about to spend another 4 trillion very soon. Now we are so used to these trillions I suppose we are not able to comprehend the size of it. Whatever, someone has to pay for it and it's not going to be super rich ( as it is obvious right now). Actually they are going to use those trillions to make zillions and in the meantime we are going to suffer...


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Sat Sep 3rd, 2011 at 10:27:56 AM EST
The financial crisis has nothing to do with military spending.

It is a mistake to attempt to connect financial crises to real economic failure, because it obscures the fact that the financial crisis is a choice rather than an inevitable consequence of past mistakes.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sat Sep 3rd, 2011 at 10:41:28 AM EST
[ Parent ]
Yes but those mistakes are made for the reason.
Is this reason simply for mega rich to be richer by those manipulations?
Seems too simple for me...
If so that would mean that there is no one in control...and that makes me even more scared...


Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Sat Sep 3rd, 2011 at 11:06:36 AM EST
[ Parent ]
If so that would mean that there is no one in control...and that makes me even more scared...

That is exactly what I think.  That is why I strongly resist many conspiracy-type narratives that tie everything together with a sense of deliberate choice and coherent action.

And I agree entirely that the financial crisis has nothing to do with military adventure, and everything to do with criminal greed, creative accounting, counterfeiting, and the intellectual capture of the political elites.

by Zwackus on Sat Sep 3rd, 2011 at 09:17:55 PM EST
[ Parent ]

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