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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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