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The End Of "The Permanent Lie" Looms Large

Tyler Durden's picture




 

Submitted by Satyajit Das via The Sydney Morning Herald,

Like the characters in Samuel Beckett’s Waiting for Godot, the world awaits the return of wealth and prosperity. But the global economy may be entering a period of stagnation.

Over the last 35 years, the economic growth necessary to increase living standards, increase wealth and manage growing inequality has been based increasingly on rising borrowings and financial rather than real engineering. There was reliance on debt-driven consumption. It resulted in global trade and investment imbalances, such as that between China and the US or Germany and the rest of Europe.

Everybody conspires to ignore the underlying problem, cover it up, or devise deferral strategies to kick the can down the road.

Citizens demanded and governments allowed the build-up of retirement and healthcare entitlements as well as public services to win or maintain office. The commitments were rarely fully funded by taxes or other provisions.

The 2008 global financial crisis was a warning of the unstable nature of these arrangements. But there has been no meaningful change. Since 2007, global debt has grown by US$57 trillion, or 17 per cent of the world’s gross domestic product. In many countries, debt has reached unsustainable levels, and it is unclear how or when it is to be reduced without defaults that would wipe out large amounts of savings.

Imbalances remain. Entitlement reform has proved politically difficult. Financial institutions and activity dominate many economies.

The official policy is “extend and pretend”, whereby everybody conspires to ignore the underlying problem, cover it up, or devise deferral strategies to kick the can down the road. The assumption was that government spending, lower interest rates and supplying abundant cash to the money markets would create growth. While the measures did stabilise the economy, they did not lead to a full recovery. Instead, they set off dangerous asset price bubbles in shares, bonds, real estate and even fine arts and collectibles.

Economic problems are now compounded by lower population growth and ageing populations; slower increases in productivity and innovation; looming shortages of critical resources, such as water, food and energy; and man-made climate change and extreme weather conditions. Slower growth in international trade and capital flows is another retardant. Emerging markets, such as China, that have benefited from and recently supported growth are slowing. Rising inequality affects economic activity.

For most people, the effect of these problems is unemployment, reduced job security, the deskilling of many professions and stagnant incomes. Home ownership is increasingly out of reach for many. Retirement may become a luxury for all but a few, reflecting increasing difficulty in building sufficient savings. In effect, living standards will decline. Future generations will bear the bulk of the cost as they are left to tackle the unresolved problems of their forebears.

Governments are unwilling to tell the truth about the magnitude of the economic problems, the lack of solutions and cost of possible corrective actions to the electorate. Politicians have taken regard of historian Simon Schama’s comment that no one ever won an election by telling voters it had come to the end of its “providential allotment of inexhaustible plenty”. The official policy articulated, in a moment of unusual candour, by Jean-Claude Juncker, the current head of the European Commission, was that when the situation becomes serious it is simply necessary to lie.

Ordinary people are complicit; refusing to acknowledge that maybe you cannot have it all. They sense that the ultimate cost of the inevitable adjustments will be large. It is not simply the threat of economic hardship; it is fear of a loss of dignity and pride. It is a pervasive sense of powerlessness.

The political and social response is likely to be volatile. It was the fear and disaffection of the middle class who had lost their savings in the events of Great Depression that gave rise to totalitarianism.

For the moment, to paraphrase Alexander Solzhenitsyn, the “permanent lie [has become] the only safe form of existence”. But the world cannot postpone, indefinitely, dealing decisively with the economic, resource management, social and political challenges we face.

 

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Mon, 08/31/2015 - 01:41 | 6489276 MSimon
MSimon's picture

Are you just a keyboard warrior or a real fighter? This guy was a real fighter:

 

http://news.yahoo.com/white-supremacist-admits-three-kansas-murders-seek...

 

He is now part of the orange jumpsuit revolution. Probably for life. GOOD!

 

If you have  given in to hate they have already beaten you. GOOD!

Sun, 08/30/2015 - 16:48 | 6488067 August
August's picture

>>> it's not a lie if you believe it.

I believe that Homo sapiens does not yet have an official "species motto", and this one has legs!

Quick, someone, contact the U.N.

Sun, 08/30/2015 - 11:25 | 6487188 dumb_funded
dumb_funded's picture

OT:  On this day August 30:
1967 - The U.S. Senate confirmed the appointment of Thurgood Marshall as the first black justice on the U.S. Supreme Court.
1990 - President Bush told a news conference that a “new world order” could emerge from the Gulf crisis.
2000 - Pres. Clinton stopped in Colombia and pledged that US aid would not lead to military escalation in the drug war. The recent $1.5 billion military aid package was part of a broader $7.5 billion Colombian plan to launder, err fight drugs, help refugees and strengthen government institutions.
1989 - Leona Helmsley, Queen of Mean billionaire is convicted and sentenced to 16 years in prison. She's best known for a quote to a former housekeeper - "We don't pay taxes. Only the little people pay taxes."
1979 - US President Jimmy Carter attacked by a rabbit on a canoe trip in Plains, Ga.

Sun, 08/30/2015 - 11:27 | 6487197 Tinky
Tinky's picture

Chronologically challenged, eh?

Sun, 08/30/2015 - 11:38 | 6487233 dumb_funded
dumb_funded's picture
dyslexik too!

Sun, 08/30/2015 - 11:38 | 6487234 GMadScientist
GMadScientist's picture

He skips around like the narrator from Slaughterhouse 5.

Sun, 08/30/2015 - 12:40 | 6487427 Baa baa
Baa baa's picture

Bolivia kicked the US out and is now doing an effective job of eliminating cocoa production. Just sayin'

Sun, 08/30/2015 - 11:25 | 6487192 Reaper
Reaper's picture

Trust is an opiate. Hope is the stupor. All stupors end.

Sun, 08/30/2015 - 12:38 | 6487420 Baa baa
Baa baa's picture

And opiates cost money. Yeah, yeah....

Sun, 08/30/2015 - 11:26 | 6487194 CheapBastard
CheapBastard's picture

There's been ahuge wealth transfer that enhanced the wealth of a few, and improved the standard for some (esp in China) and then there's the many in the West that have been decimated, mainly the Middle Class.

 

8 years of "Hope and Change."

Sun, 08/30/2015 - 11:30 | 6487205 Spiritof42
Spiritof42's picture

The official policy articulated, in a moment of unusual candour, by Jean-Claude Juncker, the current head of the European Commission, was that when the situation becomes serious it is simply necessary to lie.

They can't figure out reality, so they have to lie to themselves to be confident in what they do. In their minds, they can make reality happen, simply by believing and acting on their beliefs.

Sun, 08/30/2015 - 12:37 | 6487416 Baa baa
Baa baa's picture

Classic delusional behaviour.

Sun, 08/30/2015 - 11:32 | 6487212 Chuck Knoblauch
Chuck Knoblauch's picture

US flag flying upside down.

Our supposed leaders have failed us.

They never intended to serve, but to be served.

 

Sun, 08/30/2015 - 11:36 | 6487227 GMadScientist
GMadScientist's picture

"and manage growing inequality"

Managing in what direction?!

Sun, 08/30/2015 - 11:51 | 6487271 Thick Willy
Thick Willy's picture

Why should illegals have income equality with educated Americans?  America has over 50 million illiterate illegals in the country.  Why should they make good money?  All I see is college educated, highly paid professionals buying huge houses and driving fancy cars.  Where's this "income inequality" at?

Sun, 08/30/2015 - 12:35 | 6487413 Baa baa
Baa baa's picture

Certainly not under the rock where you reside.

Sun, 08/30/2015 - 11:47 | 6487259 Niall Of The Ni...
Niall Of The Nine Hostages's picture

Lower populations? That's what you get when children cease to be an asset and become a liability.

Time was children could help out in the family business as soon as they could walk, and it was their duty to care for their father in his old age. Now they're extremely expensive pets who suck you dry for at least twenty years. They're an asset to women, who can use them to hit their fathers up for cash till the little monsters are eighteen (to spend on herself, of course). Any man who isn't extremely rich is better off getting a vasectomy and a dog.

Sun, 08/30/2015 - 14:27 | 6487690 Raging Debate
Raging Debate's picture

I told both my boys to get a vasectomy at 18 and I would help them pay for it. Neither listened. My 22 year old spawned one at 19. He is unhappy with his woman but is a great Dad. Rich or poor a vasectomy is man's best friend in this country right now. Get that done and you don't need a dog. Eternal dating is a better choice in this era. 

Sun, 08/30/2015 - 20:21 | 6488610 ForTheWorld
ForTheWorld's picture

Eternal dating these days means eternal STIs too. Penecillin isn't working as well as it used to.

Sun, 08/30/2015 - 11:49 | 6487266 Thick Willy
Thick Willy's picture

Average standards of living in America today seem much higher than when I was young.  I suppose the illegals aren't living as well as college educated professionals but I don't care about them.  My friends I grew up with almost all have good jobs making good money.  The ones without good jobs either don't want to work at all or messed up big time at some point to prevent themselves from being eligible for a good job.  But then, I'm under 40 and grew up poor.  I guess some of you Boomers saw the golden age of America, when it was still 90% white.  It's all a matter of perspective.

Even the welfare cases seem to be living large in America today.  No more food stamps and government cheese.  Nope, they shop at the grocery store and buy whatever they want with $1000+ a month in food benefits for them and a couple of kids.  When I was young and poor we ate government cheese and saving up to buy a TV was a year long process.  Today even the "poor" in America have: cars, flat screens, expensive smart phones, cell plans, nice clothes, plenty to eat, etc.

So this doomer stuff seems overblown to me.  This is the best time to be alive.  The true crisis of our age is the disgustingly low birth rate among white women.  The doom and gloom stuff is little more than propaganda to convince white people to not have children, give up all hope, become helpless, and turn to socialism/communism as the cure for all their imageined problems.  Same old song the socialists have been playing for 100+ years.

Sun, 08/30/2015 - 11:59 | 6487304 Ayr Rand
Ayr Rand's picture

The standard of living is higher. The cars are better. Things are good. But unfortunately, all paid by means of higher debt / income.

No US deleveraging since 2009:
https://research.stlouisfed.org/fred2/graph/?g=12ik

Global economy continues to leverage up since 2007:
http://www.mckinsey.com/insights/economic_studies/debt_and_not_much_dele...

Ray Dalio summarizes the situation well:
https://www.linkedin.com/pulse/dangerous-long-bias-end-supercycle-ray-dalio

The point is that the trends are not sustainable. This can be viewed as an opportunity rather than a threat.

Sun, 08/30/2015 - 16:08 | 6487916 Luau
Luau's picture

A stall in credit growth means after inflation there's been pretty significant deleveraging, depending on how much inflation you think there's been. Since this is Zero Hedge and such thoughts are in vogue, I suspect there's been considerable deleveraging in the US. This is counteracted globally because China, Germany, and Japan have all doubled down on their export masturbation since 2010. 

Sun, 08/30/2015 - 12:21 | 6487361 Spiritof42
Spiritof42's picture

So this doomer stuff seems overblown to me.  This is the best time to be alive. 

I've seen amazing improvements in my lifetime. As I read the course of events, the market economy is overcoming the grip of government control and socialistic sentiments. I have no sympathy for the misery those parasites and predators are about to inflict on themselves.

Same old song the socialists have been playing for 100+ years.

Which was preceded by the Bible.

Sun, 08/30/2015 - 12:32 | 6487399 GooseShtepping Moron
GooseShtepping Moron's picture

It's easy to gin up "the best time to be alive" when you're eating the seed corn and burning the furniture. The more stored-up wealth you liquidate in one final orgy of consumption, the brighter your meteor wil be as it streaks across the sky. This is what's known as going out with a bang. There are some definite short-term advantages to eating the seed corn. If there weren't, nobody would ever be tempted to do it and sagacious people would not need to issue perpetual warnings against it. The problem is not that eating the seed corn doesn't "work" in the short term; the problem, to quote Mr. Keynes in another context, is that in the long term you'll be dead.

Just remember that every dollar of credit spent today borrows a dollars worth of demand from the future, which must be paid back (with interest). There is no escaping these cold equations. The debt will either be paid back or defaulted on, and it makes little difference which one, since both paths lead to the same place.

Sun, 08/30/2015 - 17:17 | 6488129 FredFlintstone
FredFlintstone's picture

good post, but why do you say that every dollar of debt needs to be repaid with interest? i don't have debt anymore, but i see many examples of debt not being repaid.

Sun, 08/30/2015 - 14:03 | 6487620 Sanity Bear
Sanity Bear's picture

And the chocolate ration has been going up for 43 years straight!

Sun, 08/30/2015 - 14:46 | 6487730 Infinite QE
Infinite QE's picture

When I was a kid in the 60's, none of my friends moms worked. They were all stay at home moms. How it is supposed to be. Now with the zio-engineering job done to America, probably 1 out of 1000 are stay at home moms.

Mon, 08/31/2015 - 01:27 | 6489263 MSimon
MSimon's picture

Well this guy hated the Zios more than anyone else on ZH. And he did something about it:

 

http://news.yahoo.com/white-supremacist-admits-three-kansas-murders-seek...

 

Well every government needs a target for its two minutes of hate. Just be careful that your turn to be hated comes last.

Sun, 08/30/2015 - 12:27 | 6487387 EurGold
EurGold's picture

1oz Silver American Eagle just €13 @ EurGold

 

https://www.eurgold.eu/silver/american-eagle-1oz-silver-coin-1-dollar-le...

Sun, 08/30/2015 - 13:59 | 6487609 TongueStun
TongueStun's picture

and only $19$ for shipping!!!!!

Sun, 08/30/2015 - 14:43 | 6487723 Infinite QE
Infinite QE's picture

"Send us your money NOW so we can buy-n-ship the products we sold last week"

Ponzi-nomics extends to the metals as well.

Sun, 08/30/2015 - 12:31 | 6487398 Solio
Solio's picture

Well, tritium IS in the water.

Everything else, too!

Sun, 08/30/2015 - 12:33 | 6487406 Solio
Solio's picture

This comment was supposed to be response to RockonRodger at 11:44, above.

Sun, 08/30/2015 - 12:47 | 6487442 medicalstudent
medicalstudent's picture

people dont care about the truth

 

they care about what makes them feel good.

Sun, 08/30/2015 - 18:08 | 6488279 Solio
Solio's picture

I can't handle the truth!

 

 

Phew! Now I fit in!

Sun, 08/30/2015 - 13:00 | 6487472 SMC
SMC's picture

Too many wabbits, each thinking he, she, or it are "special" in the universe.

Throughout history, civilizations have failed.  

Of course, ”it will be different this time".  Different perhaps in the conversion of approximately 8 billion humans into fertilizer.

Ugly is not coming, it is already here, festering and growing.  Turn off the TV, go outside and explore our non-productive, debt-fueled, micro-managed fantasy gulag for yourself.

Sun, 08/30/2015 - 13:17 | 6487518 rejected
rejected's picture

Tell you what's confusing. When Permabear Bill Bonner recommends buying stocks after the rate rise has me befuddled. He has had their crash flag out for years now.

Maybe someone can read his article and explain where I am misreading his intent.

 

http://bonnerandpartners.com/why-im-hoping-for-a-rate-increase/

Sun, 08/30/2015 - 13:22 | 6487531 Blythes Master
Blythes Master's picture

...ageing...

Why do so many ZH writers spell aging incorrectly?

Not a spelling nazi, but this is pandemic here.

Where is my trophy for showing up?

Sun, 08/30/2015 - 14:04 | 6487624 TongueStun
TongueStun's picture

"Not a spelling nazi, but this is pandemic here."

 

I'm more concerned with the fifth grade grammar.

Sun, 08/30/2015 - 14:23 | 6487675 VWAndy
VWAndy's picture

Yall prolly should skip my posts.

Sun, 08/30/2015 - 14:38 | 6487712 Infinite QE
Infinite QE's picture

Kommon Kore- brought to you by the friendly folk of Zion.

Mon, 08/31/2015 - 01:06 | 6489240 MSimon
MSimon's picture

If only we could get the government to round them up eh? This guy didn't want to wait:

 

http://news.yahoo.com/white-supremacist-admits-three-kansas-murders-seek...

 

In the 80s there were 3 things the KGB feared. Ronald Reagan, AIDs, and Jews. Lots of exKGB on ZH  these days.

 

Kommon Kore was brought to you by Bush. He is Jewish? Who knew?

Sun, 08/30/2015 - 13:23 | 6487532 Blythes Master
Blythes Master's picture

dup post because my aging brain kliked twice.

Sun, 08/30/2015 - 13:31 | 6487552 rejected
rejected's picture

dup is spelled dupe.

Sun, 08/30/2015 - 13:44 | 6487579 Vin
Vin's picture

Don't deflect attention from the REAL problem, that is the central banking families and their 100 plan to take down the USA. 

Sun, 08/30/2015 - 13:48 | 6487582 Crocodile
Crocodile's picture

Best Agenda 21 video presentation; you will know why within 5 minutes.  https://www.youtube.com/watch?v=pIqvyOho5PQ

-----------

Everything God has given to man for his good; Satan attacks beginning with valuing ALL human lives, the family as ordained by God carried out in the manner ordained by God and the earth being made for man, not the other way around.  Agenda 21 is from the pit of hell and is turning all that is good into all that is evil & is an affront on the person and work and creation by almighty God (Jesus) and His people & to every soul.  The good news is that God will clean up the mess; the bad news is most of us are in the mess that gets cleaned up.

Sun, 08/30/2015 - 14:11 | 6487617 22winmag
22winmag's picture

LUKE: It looks like Sandpeople did this, all right. Look, here are Gaffi sticks, Bantha tracks. It's just... I never heard of them hitting anything this big before.

 

(Ben is crouching in the sand studying the tracks.)

 

BEN: They didn't. But we are meant to think they did. These tracks are side by side. Sandpeople always ride single file to hide their numbers.

 

LUKE: These are the same Jawas that sold us Artoo and Threepio.

 

BEN: And these blast points [acts of false-flag terrorism], too accurate for Sandpeople [camel-jockey patsies]. Only Imperial stormtroopers [CIA agents and assets] are so precise.

 

LUKE: Why would Imperial troops (American troops) want to slaughter Jawas (innocents)?

 

(Luke looks back at the speeder where Artoo and Threepio are inspecting the dead Jawas, and puts two and two together.)

 

LUKE: If they traced the droids here, they may have learned who they sold them to. And that would lead them home (we have met the enemy and he is us)!

Sun, 08/30/2015 - 14:06 | 6487628 Allen_H
Allen_H's picture

It's hard to have growth when all the oligarchs are hoarding everything for themselves, and leaving us with the scraps. There is a storm coming.........

Sun, 08/30/2015 - 14:10 | 6487639 snblitz
snblitz's picture

Wealth & Prosperity will return when and if we are able to Free ourselves from our government chains.

Sun, 08/30/2015 - 14:19 | 6487664 VWAndy
VWAndy's picture

 Dogma should be taken out back and shot.

  It is rather telling how often I find people cant handle even one or two good questions. I personaly like a good debate. Win or lose either way we all win. 

 When in doubt? Ask good questions. Dont allow them to sidestep the questions. One good thing to remember is the burden of proof lies with the ones making the claims. Because one can almost never prove a negative.

 We need to practice dogma stomping as a sport. Dont expect any thanks for it. Still its better than letting the BS stand.

 Question everything and everyone. As often as you can. Pull back the veil all the way.

Sun, 08/30/2015 - 14:20 | 6487668 homiegot
homiegot's picture

I'm am looking forward to the end. 

Sun, 08/30/2015 - 14:21 | 6487670 NubianSundance
NubianSundance's picture

Robotics and automation mean the people should enjoy an increased standard of living without the necessity of long working weeks. Its the hoarding of stored labor by the very wealthy, who have never had it so good, which is the problem.

Sun, 08/30/2015 - 14:22 | 6487674 general ambivalent
Sun, 08/30/2015 - 16:23 | 6487970 Rhal
Rhal's picture

OMFG. 

I guess it was inevitable at some point. Though it is worth pointing out many women say this is giving real feminism a bad name. So true. 

Some women feel getting paid to handle emotions with their men makes them feel empowered. Sure, just like getting paid on welfare makes you feel empowered all the while getting weaker and more distant from reality. 

Sun, 08/30/2015 - 14:30 | 6487702 Peter Pan
Peter Pan's picture

The truth will set you free but does not come for free.

Sun, 08/30/2015 - 14:38 | 6487711 q99x2
q99x2's picture

Extreme weather is what happens in the run-up to a solar minimum. You can add mini-iceage to the list. During the last one of 1650 1/3 of the population died.

Sun, 08/30/2015 - 14:50 | 6487738 Teh Finn
Teh Finn's picture

No coincidence that the article has "Totalitarianism" as a tag and there are genuinely stupid people arguing that mankind is warming the planet.

Sun, 08/30/2015 - 15:33 | 6487838 Dre4dwolf
Dre4dwolf's picture

There is a burning ball of molten plasma 621,371 miles wide at the center of our solar system pumping out 1.4 x 10^31 Joules per hour.... on average providing 283.6 Btu of heat per sq.ft per hour on earth.

 

The idea that human beings can even provide 1btu of energy persq.ft of the earths surface is probably non-sensical.

The amount of heat that humans generate on the surface of the planet is probably just background noise in the data...not even capable of registering on a scale.

If one volcano goes off, it probably dumps more CO2 into the air than the past 100,000 years of human activity.........



Sun, 08/30/2015 - 15:33 | 6487843 Teh Finn
Teh Finn's picture

If one volcano goes off, it probably dumps more CO2 into the air than the past 100,000 years of human activity.........

Do the Earth’s volcanoes emit more CO2 than human activities? Research findings indicate that the answer to this frequently asked question is a clear and unequivocal, “No.”

I'm not a proponent of AGW, but I had to correct this bit of conventional wisdom.

Sun, 08/30/2015 - 15:39 | 6487852 Dre4dwolf
Dre4dwolf's picture

And how much methane? volcanos pump out more than just Co2... numerous gases and particulates that take years to settle/dispurse.

 

Also NOTE:

The primary greenhouse gases in Earth's atmosphere are water vapor, carbon dioxide, methane, nitrous oxide, and ozone.

 

So what should we do about all that pesky water vapor in the air ??? 0o 

 

Sun, 08/30/2015 - 15:42 | 6487863 Teh Finn
Teh Finn's picture

Good question.  I couldn't find any data on that, but I did find this:

The Methane Scam Posted on by 

One of alarmists’ favorite lies is that “methane is 30 times worse than CO2

This is complete BS. Methane’s absorption bands almost completely overlap with H2O, and methane concentrations in the atmosphere are very low.  CH4 quickly oxidizes and disappears from the atmosphere, so there can never be a lot of methane in a warm atmosphere with a large concentration of O2.

Methane contributes almost nothing to Earth’s greenhouse effect.

Sun, 08/30/2015 - 15:44 | 6487870 Dre4dwolf
Dre4dwolf's picture

Also note if you convert the btus per sqft on earth that the sun provides, its like the sun is equal to having about 1 100watt light bulb  per sqft on the surface of earth.

Thats how much heat the sun gives the earth... about 1 100w light buble per sq.ft of the planet lol.... no way humans have covered every sq.ft of earth with 100w light bubles... we would glow almost as much as the sun itself if we had.

 

 

Sun, 08/30/2015 - 15:51 | 6487892 Teh Finn
Teh Finn's picture

So what should we do about all that pesky water vapor in the air ??? 0o 

Uh, I already stated that I am not a warmist.  I couldn't care less about the concentration of any of the "greenhouse" gases/water vapor.  

I know for a fact that I do not want even one person changing how I live or what I buy based on this huge scam.  Al Gore and Hockey Stick Mann should be in prison for scare mongering and brainwashing a whole generation of kids.  No wonder kids these day are all medicated by the time they get out of school.  They are told from day one that they are responsible for killing the planet, and that there is a world emergency that must be mediated by extreme changes in human behaviour.  It is a travesty.

Sun, 08/30/2015 - 15:37 | 6487859 VWAndy
VWAndy's picture

Its a USGS link. Nuff said.

Sun, 08/30/2015 - 15:44 | 6487869 Teh Finn
Teh Finn's picture

I don't believe that CO2 is even a CONTRIBUTOR to "warming."  I had a great scienctific article on that a few years ago, but now I don';t have it anymore.  Most data I have looked at shows it as a lagging trend behind temperature.

Sun, 08/30/2015 - 15:50 | 6487889 VWAndy
VWAndy's picture

But apperently you do believe in AGW?

Sun, 08/30/2015 - 15:52 | 6487894 Teh Finn
Teh Finn's picture

I ALREADY STATED THAT I AM NO PROPONENT OF IT.  FFS, quit acting on pressuposition and read.  ;)

Sun, 08/30/2015 - 16:02 | 6487910 VWAndy
VWAndy's picture

lol

Sun, 08/30/2015 - 16:23 | 6487972 The Indelicate ...
The Indelicate Genius's picture

Did you read any of the scientific articles - the thousands of them, that indicate C02 is a greenhouse gas and absolutely traps heat?

Mon, 08/31/2015 - 00:51 | 6489220 MSimon
MSimon's picture

Water is the primary greenhouse gas. Plant Food is a very minor actor

Sun, 08/30/2015 - 14:53 | 6487746 The Indelicate ...
The Indelicate Genius's picture

speaking of Solzhenitsyn - when are they going to publish "200 years together" in English?

https://wikispooks.com/wiki/200_Years_Together

Sun, 08/30/2015 - 16:33 | 6488014 Teknopagan
Teknopagan's picture

We should ask Putin to have it translated

Sun, 08/30/2015 - 15:07 | 6487776 VWAndy
VWAndy's picture

Demand proof. This is the trick of the TV. It is a one way street to put up ideas and avoid any questions. Soon after turning off the TV people find more clarity. Why we fall for all the lies is just screwy and emotionaly child like.

 Lets do a little poll. Of the pro Trump folks how many watch TV. And of the non Trump folks how many are?

My guess is if you favor any candidate you prolly watch TV.

Sun, 08/30/2015 - 15:18 | 6487780 Dre4dwolf
Dre4dwolf's picture

Economic problems are now compounded by lower population growth and ageing populations; slower increases in productivity and innovation; looming shortages of critical resources, such as water, food and energy; and man-made climate change and extreme weather conditions. Slower growth in international trade and capital flows is another retardant. Emerging markets, such as China, that have benefited from and recently supported growth are slowing. Rising inequality affects economic activity.

Half this shit isnt even true.

1) Slower productivity and innovation, where is innovation even needed??? why is more  of it needed?? why is a shortage of it a "problem??

What sector of the economy is not innovating, there is such a thing as too much innovation, that is you eventually reach a point where altering the way something is done or the way something is made doesn't really boost productivity or add any meaningful value to the process/product/society... and more often than not "fixing what isn't broken" tends to complicate already complex systems and causes more problems down the road.... you have reached the point where more innovation really isn't needed... as for productivity, demand is dropping because of lower population growth, and the largest generation dying off.... how can productivity increase when the amount of people buying shit goes down???? who will pick up the slack in demand??? casper the friendly ghost??? or should everyone rush out and buy 5 cheeseburgers instead of one???

 

2) Food and Energy, there is no food shortage, 50+% of the food is thrown away..... as for energy.... energy hasn't been this cheap and abundant for a decade (oil and natural gas).

 

3) As for extreme climates/weather..... what extreme weather? its nice outside, its always nice outside.... we had a few tsunamis that hit a nuclear reactor.... the real disaster is that no one has poured a concrete dome over the fucking thing yet.... maybe people should stop building cities and nuclear reactors at sea level in the middle of the fucking ring of fire....????Man - Made Climate change??? if Man is changing the climate, he sure is doing a nice job of keeping it fairly regulated like I said.... its great outside... its always great outside, what part of the world is getting too much rain/too little/too much cold too little??? because to me it looks like its completely dependent on latitude... like always, the arctic is going to be cold, the equator is going to be warm... whats the problem???

4) What resources are in critical shortages???? you mean the stuff we have no use for ??? that no one wants??? 

The only "resources" humans need, or ever needed was

-Water

-Dirt

-The Sun

If everyone just spread out a bit, and governments weren't trying to force us to all live in cubicles with wires, hoses and fiber optic cable/life support systems (our homes for fucking peak sake resemble people pods out of the matrix) just think about it.

In the matrix people lived in pods with tubes (water and sewage) and electrical systems (power lines) in high-rises (Apartment complexes) and everyone lived in these domiciles for the purpose of generating energy (revenue) for the machines (govt).

You are living in the matrix, a fake world with fake life support systems, with fake leaders, fake govt, your entire existence is manufactured in fucking Chinese sweat shops.... 

People just need to become human again.

The real problem is not too many humans, but a lack of humanity.

The only resource that is in short supply is humans that act responsibly, intelligently and humane.


Sun, 08/30/2015 - 15:18 | 6487803 NubianSundance
NubianSundance's picture

'Chinese authorities have punished 197 people for spreading rumours online about the recent stock market crash and fatal explosions in Tianjin, according to state news agency Xinhua.' BBC website today.

At least that sort of thing doesnt happen yet here in the West.

Sun, 08/30/2015 - 15:28 | 6487834 Crocodile
Crocodile's picture

Yes it does; many are suicided.  Clarity comes from filtering all things through the lens of Scripture, for you know from whence you came, the purpose for existence, the final outcome and the path of life.  For most it ends worse than bad, but for those who serve their Creator not out of coercion, but out of joy produced from love; the outcome is grand.

Sun, 08/30/2015 - 15:25 | 6487827 Crocodile
Crocodile's picture

Two things: 1) The American middle-class is and must be destroyed to usher in the One World Economic System via Agenda 21 & 2) all are complicit in the scheme because the larger issue is that of morality or lack of it.  Least you believe yours is good (compared to what?); just listen to conversations all around you including your own and most is talking about others or gossip.  We love to put the other person down.  Fixed morality comes from a fixed point of truth; not relative truths which are lies.  Where is the fixed point of reference?  It can only be found in the moral law-giver, the giver of life and the savior of the world; you know whom I speak, but choose to ignore the obvious.

Sun, 08/30/2015 - 15:35 | 6487851 Victor E. Overbanks
Victor E. Overbanks's picture

Hes talking about jesus guys.

Sun, 08/30/2015 - 15:57 | 6487902 Setarcos
Setarcos's picture

Shhhh.  That's how wars start.  My god/ideology/belief is better than yours.

Sun, 08/30/2015 - 16:43 | 6488046 T-NUTZ
T-NUTZ's picture

you mean the baby Jesus?

Mon, 08/31/2015 - 02:59 | 6489299 Setarcos
Sun, 08/30/2015 - 16:12 | 6487927 Rhal
Rhal's picture

owch.  That sort of truth is close to the bone.

Especially the point of putting others down. I've come to see that too, now when I see my kids doing that I point out that they cannot make themselves bigger by making others smaller. 

Sun, 08/30/2015 - 15:28 | 6487833 BurningBetty
BurningBetty's picture

Good ol' Epic moment with Cramer as market crashes live feed. 

Sun, 08/30/2015 - 15:35 | 6487849 reader2010
reader2010's picture

Citizens demanded and governments allowed the build-up of retirement and healthcare entitlements 

========

 

As if no tax had never come out of paycheck and self-employment.  I stopped reading right there. 

Sun, 08/30/2015 - 15:36 | 6487855 no1wonder
no1wonder's picture

Meanwhile, the Rusian president looks pretty relaxed as he was working out in a gym the other day

The Guardian: Political heavyweight: Vladimir Putin working out in a gym – in pictures 

Sun, 08/30/2015 - 15:55 | 6487897 DOGGONE
Sun, 08/30/2015 - 16:13 | 6487933 sizzler944
sizzler944's picture

Another article of nonsense and equally idiotic comments.

Inherent to tech are horizontal structures of participation, control and ownership.  The current unwinding is the dismantling of the verticle structures.  We can talk about vested interests, the capture of regulatory power, the vast sums being wasted on propping up, but they are still doomed to die at the hand of price.

Sun, 08/30/2015 - 16:22 | 6487966 The Indelicate ...
The Indelicate Genius's picture

Amazing to me that no one really talks about pollution when discussing CO2 production. Nor the loss of trees/rain forest... which is a big deal.

when you combine loss of rain forest with extra CO2 production + pollution....

it's a problem for sure.

People have politicized this way too much - especially people who frankly lack much by way of a science background, nevermind climate science.

Sun, 08/30/2015 - 16:25 | 6487982 Kyddyl
Kyddyl's picture

As well they should! "Citizens demanded and governments allowed the build-up of retirement and healthcare entitlements as well as public services to win or maintain office. The commitments were rarely fully funded by taxes or other provisions." Countries and even states who put the war machines and profits therefrom far ahead of their peoples well being and education need to be dissolved. Washington DC needs to be taken apart brick by brick, said bricks used to make an execution square where those who have destroyed lives, peoples and nations, economies and honest work get eliminated. They have been ruthless. I will NOT be put on a gulit trip by the word "entitlement"!

Sun, 08/30/2015 - 16:33 | 6488011 flysofree
flysofree's picture

Every single good article on ZH is hijacked by these things who spew out some nonsense about Zionists, global climate change, socialism etc. These things are global elitist stooges that NEVER EVER say what is causing the economic global crisis that's caused by the triangle of power elites in government, military and business: Asian tycoons, Western CEOs and bankers.

Why is this? Satyajit Das is a brilliant man, yet the topic of income inequality is always hijacked by these things on ZH. And what Satyajit Das talks about in this article is income inequality without actually saying it.

There is ONLY one way to do anything about it and since government are owned by elites they won't tell you the truth. And that's redistribution of income, and the one thing they don't want you to know.


Sun, 08/30/2015 - 16:59 | 6488086 Professorlocknload
Professorlocknload's picture

Global Warming as a Religion? Just observing the above comments. Or could Global Warming be code for a Globalist Agenda?

Anyway it's sliced, it seems to take on a political aura.

But then, the longstanding presumption is that only the State can save us from ourselves. The same State that made this mess.

Hard to figure.

Sun, 08/30/2015 - 17:47 | 6488201 Fuku Ben
Fuku Ben's picture

But the world cannot postpone, indefinitely, dealing decisively with the economic, resource management, social and political challenges we face.

True. But even the victory of truth and global acknowledgement that the old plan needs to be replaced by a new global plan isn't going to be easy. Any new plan would need a transition to happen in a way that would minimize any repercussions. Considering the amount of time and resources spent working on the old plan over the centuries that should be easy if everyone actually fully commits to the new plan today. It should be easy enough to spot any holdouts looking to undermine a new plan. Nobody is going to find success on their own.

“Coming together is a beginning; keeping together is progress; working together is success.” - Henry Ford

Sun, 08/30/2015 - 18:29 | 6488335 unklemunky
unklemunky's picture

Climate change? Really? What a fucking homo. Give it up pal. Nobody buys that gay communist propaganda anymore. The world is not coming to an end. The planet is over 80% ocean. How is there a water shortage? And as for climate change, it changes every day. Its called the weather. Given than 100% of all meteorologists are wrong 50% of the time means they could be replaced by a guy flipping a coin. So if the dolts who are actually in the industry are bunk, then how do you expect us to believe the rest of these queers? Besides, how can you believe a guy whose paycheck is contingent upon the worst outcome......global warming. If he says it dont exist, poof, no more research frant money. He now unemployed, whcih he probably should be anyhow.

Sun, 08/30/2015 - 18:49 | 6488383 The Indelicate ...
The Indelicate Genius's picture

are you a climate scientist?

You sound like an ignorant cunt.

The sort of guy who rubs one out to Sean Hannitty while sipping a chilled white wine.

Go ahead - tell me I'm not close to the mark.

Sun, 08/30/2015 - 20:21 | 6488611 Teh Finn
Teh Finn's picture

When President Obama visits Alaska this week to campaign for a new international agreement to fight global warming climate change, Alaska will be experiencing colder than normal weather and forecast summer snows, as seen in this WeatherBell.com graphic of forecast total snowfall by Friday:

Obama to rename Mt. McKinley to Denali as well.

Sun, 08/30/2015 - 20:30 | 6488642 squid
squid's picture

"Man-made climate change".....

 

 

Fuck off.

 

Squid

Sun, 08/30/2015 - 20:43 | 6488693 Teh Finn
Teh Finn's picture

You think man can destroy the planet? What intoxicating vanity. Let me tell you about our planet. Earth is four-and-a-half-billion-years-old. There’s been life on it for nearly that long, 3.8 billion years. Bacteria first; later the first multicellular life, then the first complex creatures in the sea, on the land. Then finally the great sweeping ages of animals, the amphibians, the dinosaurs, at last the mammals, each one enduring millions on millions of years, great dynasties of creatures rising, flourishing, dying away — all this against a background of continuous and violent upheaval. Mountain ranges thrust up, eroded away, cometary impacts, volcano eruptions, oceans rising and falling, whole continents moving, an endless, constant, violent change, colliding, buckling to make mountains over millions of years. Earth has survived everything in its time. It will certainly survive us. If all the nuclear weapons in the world went off at once and all the plants, all the animals died and the earth was sizzling hot for a hundred thousand years, life would survive, somewhere: under the soil, frozen in Arctic ice. Sooner or later, when the planet was no longer inhospitable, life would spread again. The evolutionary process would begin again. It might take a few billion years for life to regain its present variety. Of course, it would be very different from what it is now, but the earth would survive our folly, only we would not. If the ozone layer gets thinner, ultraviolet radiation sears the earth, so what? Ultraviolet radiation is good for life. It’s powerful energy. It promotes mutation, change. Many forms of life will thrive with more UV radiation. Many others will die out. Do you think this is the first time that’s happened? Think about oxygen. Necessary for life now, but oxygen is actually a metabolic poison, a corrosive gas, like fluorine. When oxygen was first produced as a waste product by certain plant cells some three billion years ago, it created a crisis for all other life on earth. Those plants were polluting the environment, exhaling a lethal gas. Earth eventually had an atmosphere incompatible with life. Nevertheless, life on earth took care of itself. In the thinking of the human being a hundred years is a long time. A hundred years ago we didn’t have cars, airplanes, computers or vaccines. It was a whole different world, but to the earth, a hundred years is nothing. A million years is nothing. This planet lives and breathes on a much vaster scale. We can’t imagine its slow and powerful rhythms, and we haven’t got the humility to try. We’ve been residents here for the blink of an eye. If we’re gone tomorrow, the earth will not miss us.

-Michael Crichton


Sun, 08/30/2015 - 21:52 | 6488872 hedgiex
hedgiex's picture

At what stage in Civilisations when dominant powers are in the cusp of collapses, do we not have turmoils and volatilities ? Meandering motherhoods from the Writer. Yearning for nostalgic panaceas ? Let the creative destruction of institutions under girding decayed economies fall like dominoes ? Only out of the ashes, shall the phoenixes rise. Only way for the preys to be emancipated. Meantime, they (the preys) should hunkered down and/or stay far away from these vortexes. The more they do the faster the process. Starve the Beasts.

 

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