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Project Armageddon: Tullett Prebon "Thinks The Unthinkable"
When noted English financial firm Tullett Prebon releases a report titled "Thinking the Unthinkable", which just happens to be the last part of its Project Armageddon series, you know it will be good. While the report is UK-centric, and focuses primarily on the particulars of the English economy (thus making it required reading for our British-Isle based readers), the overarching observations are more than applicable in any place that has too much debt, too little cash flows, and not enough growth. So basically every "developed world" country. From the executive summary:"Project Armageddon was established to examine the possibility that both sides’ warnings are correct but that neither side’s prescriptions will work. We conclude that Britain’s debts are unsupportable without sustained economic growth, and that the economy, as currently configured, is aligned against growth. Radical solutions are required if a debt disaster is to be averted. All macroeconomic options have been tried, and have failed. The only remaining options lie in the field of supply-side reform. Unfortunately, public opinion may be inimical to the scale of reform that is required." Bingo: this is precisely the same big picture summary of what ails the US right about now. We eagerly await for someone to undertake the creation of Project Armageddon for the US: we are confident it will not be that much different.
Project Armageddon - The Final Report
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Is this just more from Tylers hedge fund manager buddies?
actually the us is way ahead of them as usual - ben has already pulled the trigger in project armageddon
I thought about it, the best thing for Ron Paul's campaign right now is for Sarah Palin to enter the race to put a hatchet through Michele Bachmann's numbers and further split up the votes between Perry and Romney.
Ron Paul latest interview: Abolish the Income Tax, End the Fed and every war
http://www.youtube.com/watch?v=oQQIqOwjqac
hey b_B!
how's his bill to "take back" the 1.6 Tril $ in Ts doin? any news from him on that?
also, my bad for relying to one of yer post yest w/ a gag that turned out to be a link. opps, v sorry. i "fixed" it later when i checked it after i got junked.
I'm sorry. Ron Paul lost me with this:
H. R. 2613
To repeal the Gun-Free School Zones Act of 1990 and amendments tothat Act.
IN THE HOUSE OF REPRESENTATIVES
JULY 21, 2011
Mr. PAUL introduced the following bill; which was referred to the Committee
on the Judiciary
A BILL
To repeal the Gun-Free School Zones Act of 1990 and
amendments to that Act.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Citizens Protection Act
of 2011’’.
WTF--He wants to allow guns in school zones?
hmm. seems that Constitution is getting in ur way again...
"Shall not be infringed" is pretty decisive to me, not sure why the Founders chose those words but my guess is that funny concept of a 'slippery slope'. Turns out they were right, I live in Chicago and I am not allowed my right to protect myself from getting raped in the streets because in Illinois I am not allowed a concealed nor open carry.
Do you lose sleep at night for fear of being raped in the streets? Pretty sad if you do.
Thanks for your concern, I actually sleep quite well at night. One of my close friends was brutally assaulted and then raped coming home from a club in the evening last summer by a gang of African American males.
I'll let her know you don't believe in her second amendment Right to defend herself should another violent crime be committed against her in the future.
UK has this is in every major city.
http://www.dailymail.co.uk/news/article-1327056/Gang-Asian-sexual-predators-jailed-grooming-girls-young-12.html
Stay safe. Don't trust.
djsmfs, what are you doing on this website?
Does anyone know the address for handgun control inc?
I hope someone can redirect you to a more appropriate website for your bad self.
<djsmps @ 16:31,
Dude you do not get it. And likely you live in LIB CITY somewhere.
(a scary ass thought for a Texan)
As a Texan, and knowing this law inside out, it is a/ok with most Texans.(or it would not have passed).
What it does is allow is Adults, to carry weapons on their persons,inside their vehicles.And allows them to have weapons IN their vehicles out of sight.
They CANNOT be taken into the school proper.(but if the SHTF, and a nut job goes loose, one just can go to their car, and stop/slow up the carnage).
Prior to this legislation, no weapons could be within a 1000' of a school zone.(you by the letter of that law, could not own any in your home, nor drive by a school), which you can see is STUPID.( As well as UNCONSTITUTIONAL).
Of the several massacres at the schools in this country, NO firearms were allowed,in/on near the property.(you see what that got us).
Where is a POTENTIAL NUT JOB/Murderer going to hit?.ALWAYS where their is NO FEAR of themselves getting killed before, or during that act they went there to begin with.
There has been not ONE incident where this Law, has caused harm to any child, or school personnel.
IF YOU were intent on MURDERING as many as you could, and had plans to do it, where would you go?.The areas of LEAST resistance.................or NONE.
Which was the case here before this was passed.Guess where the most murders have occurred in Texas??, in our Churches.
Again, WHY?,because most people in churches do not carry protection.( I have carried concealed in my church numerous times, aand so have a lot of others),all permitted, and FBI checked.
I have no desire to be a victim, nor see a nutjob, go postal and murder my friends, or my childrens children. In Texas, a nutcase thinks twice before pulling a weapon and playing Mall Ninja.
Sometimes you need to take a step back and look at an issue differently.
To see the REAL intelligence of it.
Why didn't they try this fascist fucktard plan? It's so good NerObama is about to announce it. Must be part of that upcoming september jobs initative. Printing for fraud + Working for free. Great combo.
Regime to Announce Obama's Slave Labor Program
http://www.larouchepac.com/node/19161
I mean someone has got to save them from their derivatives positions. Why do they have 15-100x legitimate businesses that actually want the stuff? Remember the key to understand this is Banksters total positions vs. Legitimate business total positions. See an order of magnitude of difference, or more?
The Takedown of Glass-Steagall Unleashed Wall Street To Bring You Hyperinflation
http://www.larouchepac.com/node/19142
Of course Britain is fucked, their whole 'monetary' system is coming down. What not even the opium money from Afghan can save them? Yep, they're fucked.
Does the Obama campaign pay Zero Hedge every time somebody clicks on their banner ads?
AdBlock anyone?
Disabling Flash works exceptionally well.
Click 'em bitches! Less dry powder for Obama used up by people who will never vote for him!!!!!
Then American taxpayers foot the bill... (sigh)... well at least the money goes to someone We like...
"Liberty, when it begins to take root, is a plant of rapid growth." - President George Washington (just so you don't get confused)
Directly from Ben B's helicopter speech:
"...
Although a policy of intervening to affect the exchange value of the dollar is nowhere on the horizon today, it's worth noting that there have been times when exchange rate policy has been an effective weapon against deflation. A striking example from U.S. history is Franklin Roosevelt's 40 percent devaluation of the dollar against gold in 1933-34, enforced by a program of gold purchases and domestic money creation. The devaluation and the rapid increase in money supply it permitted ended the U.S. deflation remarkably quickly. Indeed, consumer price inflation in the United States, year on year, went from -10.3 percent in 1932 to -5.1 percent in 1933 to 3.4 percent in 1934.17 The economy grew strongly, and by the way, 1934 was one of the best years of the century for the stock market. If nothing else, the episode illustrates that monetary actions can have powerful effects on the economy, even when the nominal interest rate is at or near zero, as was the case at the time of Roosevelt's devaluation.
..."
Nothing is new under the sun.
They should report inflation from the creation of the central banking system, instead of some bullshit yearly baseline that masks how much our 'currency' is really worth. We'd be looking at 1800% in some cases.
...sounds like the report is right on cue with London Calling Armagideon Time lol http://www.youtube.com/watch?v=bEtIFOOzGBs Those Brits are really Armageddon It. lol http://www.youtube.com/watch?v=7jTGVx2ATLI
Greetings Armageddonites, please allow me to introduce my new blog: http://how-to-trade-armageddon.com/
First article up today, titled Fight the Fed: http://how-to-trade-armageddon.com/2011/08/24/fight-the-fed/
The worst thing you can do right now is get intimidated. The bulls haven't got a leg to stand on. Oh yay, Chinese manufacturing growth was negative for the second month in a row? Durable goods order were up last month, before all the shit started to hit the fan? Give me a break. Press those shorts, folks.
Oh that's a drag, my user name is displaying as "how to trade ar...". Any way to fix that?
FUK YOU TROLL
(paste)
Wasn't it an Englishman who said "governments will always do the right thing, after everything else has been tried" ?
Winston Churchill
"We eagerly await for someone to undertake the creation of Project Armageddon for the US"
Tyler's right...psychotic...but absolutely right. We got to take these bastards. We could fight them with conventional weapons. But that could take years...cost millions of lives. In this case...I think we have to go all out. I think this situation absolutely requires...a really futile and stupid gesture...be done on somebody's part.
We're just the guys to do it.
h/t: Animal House:-)
"Britain is screwed..."
Everybody knows that but as long as they have the AAA (and soon the AAAA?) nothing can happen to them right? Right?
the "Project Armageddon for the US" is the super secret Barama plan to be released in September. Although I'm sure Barama will have another name for it. Such as "Project Obamination for Peace prize XII"
There is only ONE solution.
A world wide chain of Anti Space Alien Theme Parks. The Keynesians are right. If we employ billions of people making Anti Space Alien weapon systems we can have post WW2 style Big-MIC prosperity for EVERYBODY.
The only problem is how to use the Anti Space Alien Weapons. Unless you "use them up" you can't produce more and keep people working and have unlimited Keynesian prosperity. So, that's where the Theme Parks come in. People shoot the weapons at simulated Space Aliens.
The Theme Parks will also have a Krugles mascot to educate the children on the joys of infinite debt: "Here kid, here's 1000 bucks, go buy some more candy. Don't listen to your insane parents about consequences, there's never any consequences to spending (or creating) money on crap."
don't forget the admission price :: one silver eagle. no paper, no plastic.
They want austerity so they can throw more money down the sewer hole of a stock market and bonuses.
All you need to know to be at piece with the collapse of the industrial age-
http://www.youtube.com/watch?v=ShbC5yVqOdI
wow, beautiful film, thanks for that.
love this lyric : "We lost faith in the arms of love."
It is sad. I'll miss bicycles.
Bob Pisani is going insane. GOLD AND TREASURIES ARE DOWN!!!!!! ABOUT FUCKING TIME!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Flash: CNBS publishes counter attack report: "From Armageddon to Arma-giddyup: stocks for the everlasting utopian road ahead"
It's one of those dorned landscape pdf thingies. It looks lovely, but is impossible(ish) to read online. Looks good on the surface but has deep underlying problems lol Time to load the printer up...
Unthinkable and damn near unreadable....fucking dumb cunt brits....
It is always demeaning to here a woman treating a honey bun as a "cunt". I know its your personal territory. Just saying...from my prespective. (only kidding).
Shirley, you're pretty funny!
I was excited when I saw your name. I know a guy named Eaton Beans.
If you guys hit it off and get married I'm sending the wedding announcement to Jay Leno.
Shirley, you're pretty funny!
I was excited when I saw your name. I know a guy named Eaton Beans.
If you guys hit it off and get married I'm sending the wedding announcement to Jay Leno.
Shirley, you're pretty funny!
I was excited when I saw your name. I know a guy named Eaton Beans.
If you guys hit it off and get married I'm sending the wedding announcement to Jay Leno.
We are doomed. Quick, deploy another Royal Wedding. We still have spare bunting.
Keynesian betrothal.
Legalize drugs, casions and brothels in every city and town, and the economy will start to grow out of depressoin immediately.
THE INCOMPETENTS OVER AT THE PORT AUTHORITY JUST RAISED THE FARE ON BRIDGES AND TUNNELS. BY 2015, IT WILL COST 15 DOLLARS TO CROSS THE GW BRIDGE!! HOW DOES THAT FACTOR INTO THE GOVTS INFLATION EXPECTATIONS!!!
WTF. Last time I drove by, it was only $4.
In an analogy to the world's debt problem I am grossly obese.
I need to lose weight using a severe austerity program just to be able to reach a weight considered eligible for lap band surgery, but this austerity will bring a high risk of stroke or heart attack, severe hunger pains and a dramatic reduction in my spending.
My lethargic condition prevents me from physical activity, such that, even under the severe dietary restrictions to be imposed, the actual weight loss to be achieved will be very minimal and very prolonged until such time as I am able to be physically active.
I am stuck in a catch-22, what am I to do? Is the solution to my weight an analogous solution to the debt?
Bad situation to be in, indeed. My condolences. However, don't despair. Do what you must do (and you must), without delay. Just one tip to keep in mind: SOMETHING is always much better than NOTHING. That's what I have told myself, many many times, to combat perfectionistic, "all or nothing" tendencies. As a result, I executed a great many half-assed (and quarter-assed) workouts that I would otherwise have blown off, flopping on the couch instead. And I'm in better shape than I would have been, as a result.
So what if you cannot run marathons, or even walk a 3K? WALK A ONE K. Or a half K. Or a quarter. Whatever. It doesn't matter, just do it.
Yes, you can be "physically active". You are physically active right at this moment, moving your eyes and fingers. And your heart is beating. And etcetera. So now, today, be slightly more physically active than you were yesterday.
Do it. That's an order. ;-)
Thanks for this post. The referenced report is both well written and well done. Even with all that we know and understand, the report is still sobering reading.
"All macroeconomic options have been tried, and have failed. The only remaining options lie in the field of supply-side reform"
??
While our countries are chockers with debt we need supply-side reforms. Nice.
Try:
In order to achieve the first three conditions you need strong government that is not a surrogate of Oligarchic interests. If governments are OUT of the way then the first three are impossible to do. The Oligarchs reign and its business as usual.
Anarchy will NEVER beat the feudal order of Oligarchs. That's History. Don't rewrite it.
Only the people's governement will. Sometimes...every so seldom, alas. That's history too as its been done.
-
Strong government is the tool of the Oligarchs. One and the same.
Strong courts and constitution are something entirely different.
The World is at the end of the 'long cycle' and it is just a matter of time before the reset button is pushed.
I think we've seen this report before on ZH, but it does starkly lay out the facts that overwhelmingly imply the UK is toast unless unrealistic levels of growth provide the tax revenues in future years.You would be forgiven for thinking that the Uk is broke though,in addition to the millions of unemployed it already has,it feels the need to import between 300,000 and 500,000 so called "asylum seekers"(read economic migrants) every year.And no the profligacy does not end there,we have so much spare cash that we can give away £8 billion to "poor" foreign countries such as India.India initially said they didn't want it,and the UK government insisted thay had to have it!!!! Can you fucking believe that?NO?Well neither can most British people.India is a country that has 10% GDP growth an a massive nuclear arms programme.
http://www.bbc.co.uk/news/uk-politics-12599969
As for the supposed budget cuts they will never happen,one in five jobs is dependant on the state,and the world has just experienced on their TV the riots and looting by our ethnic "yoof",does anyone think the government will press ahead with its cuts and reforms if that is the level of violence and unrest before the programmes are implemented?Not a chance.UK is totally screwed,oh and all you ZH'ers might like to know our previous leader Gordon Brown sold off half the countries gold reserves AT $250 AN OUNCE against the advice of the treasury and bank of England officials.But just to make absolutely certain he got the worst possible price,he notified the market in advance.
You might think Obama is bad but he makes our shower of cretins look good,I am convinced they are out to totally destroy the country one way or another,what other conclusion could a sane person make?
Dear old Gordon was only doing what his masters instructed him to do with the gold.
http://www.youtube.com/watch?v=y-Mh1K5-VSQ&feature=fvwp&NR=1
Anyway, The Uk is fucked, just like the rest of the world. This new world we are entering will be difficult for people like me to get used to. I saw the death of the UK's manufacturing industry end of the 70's, a lot of good honest skill went down the drain and we moved to the financial services economy. Look where we are with that, one big bankster casino.
Who cares about India's or China's growth. If we can't outsource anything else to them or import their cheap shite any more then it's join us on the way down neighbour.
One thing, don't worry about the government, they will fuck you over. Get self reliant on food, power and wealth preservation. Learn practical skills and get the hell out of the cities.
Goodnight and may your God go with you.
I bet the Tullett Prebon Christmas Party is fun lol
Does this mean Barclays will forgive me of the $3,000 i owe them?
The supply side economy is the bastardisation of libertarian Reaganomica applied to Smithsonian utopia; an expression 'in fine' of Ayn Rand's egotistical rant about Atlas shrugged, the ode to self-fulfillment outside all ethical and social constraints, that two thousand years of collective living have taught us, through the Greek flowering, the Renaissance revival and the Enlightenment consolidation. Now inconised in entropic decadence by the deregulated, Oligarchical, hubristic, self serving play whose icons on the screen have been Rocky, Rambo, Terminator and Die Hard.
Well, forget the Hollywoodian American dream, the reality is Zirp, irrational exuberance going ballistic, deregulation going DSK type boner unlimited, out sourcing mania like bunga-bunga galore, uber-alles hubris and mega bonus infatuation, like it was Ava's or Marilyn's ardent, iconised, universally incensed honey bun; alike Calypso's sublime grotto, for global sailor's last port of call in rest and recreation, after vagrant, extenuating, entrepreneurial, imperialistic voyage. A nomadic breed singing 'greed is good' all over the world and promoting in their work pads that 'hard fisted trading-algorithms' are the future to ensure uber-civilization's dominant play, oligarchical competitive advantage, mythical golden fleece to these dot.com, click-a-minute argonauts of the Internet age; like for their MIC counterparts, avid electronic computer screen warriors, fighting wars with remote controlled hi-flying predatory drones, blind as bats, incapable of telling foe from innocent collateral mayhem, signs of collective cowardice dressed up as civiization's ultimate superior swan song. 24 hours chrono of Amercan nightmare defecated on the world like 'Manifest destiny'. You sell, I buy, world wide this sublimely packaged junk now dressed up as financialised, toxically packaged wizardry, gone mad in roller coaster, casino royal play, like the merry-go-round of Stranger on the North Express. It now inexorably calls, in its ultlmate, convolutive throes, for begger thy neighbour jugular musical chairs mayhem in the face of the unleashed global Tempest. As if blind, desperate, serial killer type, recurrent, fear-fed hate is the solution to lack of faith, human diginity, love and solidarity. We are a disgrace as a race of 'first world', consumer crazy, mindless deniers going down the shute like the citizens of Pompei in flames. Amen to those who now would dare 'think the unthinkable' to find a way out of the Minotaur's maze. Armageddon's stench filled breath is now a universal legacy that we ask the innocent, the feeble of the impoverished world, to pay as tribute to the Gods; to placate their ire at our collective inability to cut this Gordian knot, for having opened this Pandora's ecological box. Play on Sisyphus.
Neither of the words 'China' nor 'Asia' appear even once in the report, which looks pretty correct and even handed to me. But if Tullett Prebon completely ingore the mistake of the developed west dismantling a way-too-large share of its factories and sending them to Asia over the past 30 years, then that is a serious oversight. We need more manufacturing back in the West! We can't all just sell eachother our agency services and Starbucks coffees, and the like.
a big factory of +1's
Interesting: Guardian gets het up over "slavery"
...one of the central ideas of Iain Duncan Smith's Work Programme is "mandatory work activity": up to 30 weekly hours of faux-employment spread over 28 days, during which people have to do work "of benefit to the community" in return for their jobseeker's allowance of £67.50 a week. If they decline the offer of "experience" paid, in effect, at a rate of £2.25 an hour, or fail to make a go of it, their benefit can be stopped – for a minimum of three months, and six months if the transgression is repeated...
When I contacted them, Tesco acknowledged it is co-operating with jobcentres to provide 3,000 four-week placements this year, and Poundland rather brazenly said that taking on unpaid benefit claimants "doesn't replace our recruitment activity but adds to the number of colleagues we have working with us". Neither of them, nor the equally placement-friendly Asda, answered a question about what "work experience" actually involves, though the clue is perhaps in the title. Work?
http://www.guardian.co.uk/commentisfree/2011/aug/23/volunteered-work-cam...
So, basically, two of the largest Corporations (Tesco & Wall-Mart amongst others) are going to get free workers. That's a better deal than China; however, we're somehow doubting that their quality of work will match up. They paired this with a shock n awe story -
Overall, in the five years to 2009/10, there was a 25% rise in the number of people admitted to hospital because of alcohol, according to the report by North West Public Health Observatory at Liverpool John Moores University.
http://www.guardian.co.uk/uk/2011/aug/24/alcohol-hospital-admissions
Provigil is about to become ex-patent - odds on mass use in schools?
not as good as UNICOR:
"Of the sales revenue generated by FPI, every cent goes into the economy, generating private sector demand. Seventy six cents of each sales revenue dollar is spent buying raw materials, supplies, services, and equipment from commercial companies, thereby creating private sector jobs. Twenty cents is spent on salaries and benefits of the civil service staff who train and supervise inmate workers. Four cents is paid to inmates, who are required to pay at least 50 percent of their earnings toward satisfying their financial obligations. The balance of their pay may be used to purchase items from the prison commissary which sells items supplied by private sector vendors from within the local community."
Aye, that model has been exported to the UK as well - four brand new private prisons on their way.
"Unfortunately, public opinion may be inimical to the scale of reform that is required."
Per Dicionary.com:
Inimical Adjective
1. Tending to obstruct or harm: "actions inimical to our interests".
2. Unfriendly; hostile
Per Wikipedia.com:
"Public opinion is the aggregate of individual attitudes or beliefs held by the adult population. Public opinion can also be defined as the complex collection of opinions of many different people and the sum of all their views."
(Ala Cool Hand Luke, “What we have here is failure to communicate…”)
It must be terribly frustrating and unfortunate that the public is waking up, isn't it? Austerity is only confirmation and re-enforcement of the reverse Robin Hood behaviors inherent to a global economic model mired in the fascist flaws of corporatocracy.
Corporations, financial institutions included, should reap what they sow and bear those fruits. Failures, regardless of the scope of impact, should be allowed to occur without any over-extension or intermediation by the government or its people. A free market system, allows for failures, and allows for success- both to occur unadulterated, and both to occur to the betterment of society as it is “allowed” to improve, better, and right what may have been wrong. Society is allowed to evolve naturally.
We have the reverse. Small banks and businesses go to pasture. Large banks and corporations refuse, and in fact are encouraged to become even more unwieldy. Governments across our globe feign superior intelligence while destroying economies and individuals’ livelihoods, their actions dictated by the corporate interests that these same downtrodden individuals are then in turn forced to support.
The system is broken. New direction must be found. Until there is accountability, until there is transparency, until there is an awakening, we keep on chugging forward steamrolling toward an ugly future of complete serfdom.
Hopefully this will not be the end result. It would seem to me that on an ever increasing daily basis, the people prepare. Some demonstrably in plain sight and others more silently, whether for revolution or collapse- time will tell. Inevitably either path, both groups’ efforts, will be for naught until the masses become aware and involved. Until then, or otherwise, we may just all be fucked.
Firstly, a BIG fan of ZH - my 'go to site' for some time now (only registered recently though).
Secondly, comments are typically either really funny or intelligent or both - thanks to all those out there who add something useful.
As a Brit - all I can say is that I had to read the report with my hands over my face. My business works with both Public and Private sector clients and IMHO the take it is right on the money.
As to how this will play out? Who knows - people for the most part only think diet and exercise matter after the heart attack.
We are likely to be on a gurney with f'ing tubes up our arse before we wake up I reckon. Ignorance is bliss ..... untill it isnt.
Reality bites
K@
oh, c'mon.. if china, india and south america can be seduced by the alluring charms of the lady with the torch standing under the street corner red light then the future of the west can be saved. this, of course, doesn't include the inhabitants of the usa or england but they never were included anyway. the only armegeddon to be spoken of is if any of these countries see the chancre sore hidden in the cockles of the aging mistress the scorned lady will start shooting up the place. britain can surely share their experience of the outcome of this end. i suppose that would entail a rework on the supply side of things.
Interest report, although quite one sided. Lack of criticism of the banking sector, lack of criticism of the increasing divide between the top 1% and the rest, and no suggesting of fixing this. All about removing regulation, and competing with the far east. Slave labour perhaps, and a shunken down state. Fine for those running big business but shitty for everyone else who has to putup with declining living standards. More corporate propaganda then.
Why is this unthinkable?
It is already inescapable
It's the Same in the USA and the Eurozone.
The scale of the debt problem is hidden for now but the clock is ticking and the lump under the rug is getting more noticeable.
This is well written and has nice pictures but this kind of detail isn't going to sway anyone who already doesn't understand or believe.
As CD has been hammering at for a year, belief that the system in place is going to survive is like religion to those who believe but is fantasy to those who do not.
Those of us who do not are trying to prepare for the death throes of the current world order.
Long live ZH! Bitchez!
Ok, this is a post I probably shouldn't make. However, it might aid comprehension.You'll need about an hour or two [depending on your concentration levels] for this.
This might be a game changer for you.
This is a talk given by Jeremy Rifkin - political thinker, and a semi-important central part of the EU planning. Sounds important? Well, he isn't - in the macro-economics that some here are playing with. He is giving a talk to the RSA, which [from my basic analysis] is a left of centre capitalist / hegemonic grouping designed at stage 3 of the planning cycle. i.e. It presents (very carefully policed - see the talk by Jaron Lanier, "You are not a gadget", 20:40 where the host essentially silences his forays into discussing (even through a cynical joke) the potential devastation produced by hedge funds or terrorists with the line: "Nothing Serious". Repeated. i.e. You do not talk about fight club) the accepted modes of organisation to the 'elite public' sphere. An intuition here is that stage 2 actors present to stage 3 public members to disseminate the current message [note - I am semantically avoiding using the terminology that will end this post to preclude bias, as much as possible].
Aka - his function is to present accepted modes of thought - and in this case, at the centre of the EU. Note - the meat of the talk is benign.
http://www.thersa.org/events/video/archive/jeremy-rifkin-the-empathic-ci...
Now, it is a piece that suits ZH well - very much "shit is hitting the fan" and "we need decentralised modes of existence to ride the storm" solved with "however, if we're enlightened beings, and emotional, we can sort this shit out" [this is a core part of all RSA talks - ideologically, all talks present this angle to some degree or other]. At about the 25-30 min mark, he presents the core thesis - that each stage of civilisation has a tripartite structure - e.g. the hydrological (irrigation) / agricultural revolution requires writing (tech) to enable and spawns organised Theological modes to organise. For the electric age, this is telephone/radio and the psychological mode of thought.
And here's the rub - he presents the current net based economy as a dramaturgical mode of thinking [from mythology > theological > ideological > psychological > dramaturgical]
Now, a bit of reading: I'm not going to copy paste any of the article, because it needs to be digested.
http://en.wikipedia.org/wiki/Dramaturgy_%28sociology%29
Homework:
Current politicians you have - are they operating under the dramaturgical method?
Economic sphere - is it operating under the dramaturgical method?
Social media - is it operating under the dramaturgical method?
And bonus round:
If you were using this methodology, and weren't upper middle class quasi-lefty captialists, but were the higher up sharks... what would it look like?
Ok - here's a quote -
There are different types of secrets which have to be concealed for various reasons:
Now, this is only a single talk - by a man who isn't shaping the world as those actively losing billions are. And yet - his message is that the post-electrical mode of mental existence is dramaturgical.
When you wonder at the kabui show, how blatant it is, and the moves being made - and I don't claim that any of the post above is True [remember - Jeb Bush on Truth, or Blair or any number of public faces who can lie easily] I am merely suggesting that this type of thought is being presented at the higher public elite level (upper middle class) - and that the great and secret show is very, very real. Now, if I were a thinking person, and mixed that type of thought in with other modal types [perhaps... http://en.wikipedia.org/wiki/Six_Thinking_Hats & color theory - very much used by EU organisations in training manuals and so on - even by the Golgolothe) then I might have a theory about the currently accepted actors on the stage, and a way of understanding the crazy, crazy world we live in.
http://www.youtube.com/watch?v=mn4daYJzyls
There's a club - and you might not be a part of it. ZH may (or may not) be breaking the rules of the game. That's your call - just be aware, the game isn't chess so much as Go.
Writer will not disclose at this point if swayed by ideas presented within this document.
TL;DR
Your mode of thought might already be considered to be out of date. Within the talk is specific reference to those who cannot function in the new thought paradigm; your only (survival) task might be to upgrade yourself to the new paradigm.
Oh, and whatever you do - never give into temptation for the first marshmellow, hold out for the double - it will define your life. Drum that into your kids before the age of three.
"History repeats itself, the first as tragedy, then as farce." - Karlo Marx
so it is THAT DeBono -- see you're wearing your blue hat UoW.
ever see the Imaginarium of Dr. Parnassus? if not, you should -- a visual interpretation of your amalgamation of theories. interesting thing about that film (and the 'reality' that surrounded it) is that it shows that when the veil between reality & theater becomes transparent, the veil between life & death is pierced as well. "Tony Liar" found this out all too well. a very dangerous game we play with ourselves these days it seems.
question i have for Monsieur Rifkin is what of those who are aware of the new thought paradigm and who can function within it, but who choose to reject it, not because they lack a sense of play, but rather they do not get their jollies from using their role to manipulate and control, but rather to liberate and evolve to the next paradigm? m/b this is one of those dark secrets we shouldn't discuss. i know, i know, just shut up and watch the show like a good little boy, else you be banished to the cheap seats.
fuck that, some of us grew up in the ghetto where talkin back to the 4th wall was more entertaining than the movies themselves most of the time, except for The Wiz of course.
http://www.youtube.com/watch?v=6YrinCQOxB0
The Rifkin piece made me think of Alvin Toffler. Rifkin is one of these "global synergists". He's basically an analyst and believes that by analyzing, you can know the truth about anything. I'm not surprised he's teaching at an MBA mill. He must do a lot of fraternizing with corporate CEO's (there isn't a single highly successful CEO who is not a great visionary thinker). I thought he was supposed to be some kind of leftist agitator or something. Isn't it ironic that he is now mainstream, preaching to the establishment?
The wikipedia article on dramaturgy is not very interesting IMO. First superficial impression: just another angle that somebody chanced upon and is promoting the hell out of. Again, similar to Toffler with his "lateral thinking" which we don't hear discussed too much nowadays. The reason being that these folks are always behind the curve, not ahead of it. For example, it's not very revolutionary nowadays to consider the brain to be like a computer and to regard conciousness as an epiphenomenon of its electrical circuitry. Marx had it right in putting modes of production first and the resulting cultural norms second, as a function of those modes of production. Marx was an amazingly deep thinker, regardless of what one thinks about his prescriptions for society. There are those such as Marx or Einstein who are capable of real thinking and having real ideas and they are the ones who ultimately have the most impact on society. Freud also had a great (negative) impact IMHO, but he was writing fiction disguised as quasi-science.
How to have real ideas, that is the question.
The sad part in this line of thought is that the paradigm change required, the line of new ideas, is not current America's cup of tea. As leaders of Western world, harbingers of NWO now operational as Oligarchy play, their focus is totally defensive, thus regressive, organising the musical chairs down to foggy bottom. Zero visibility until we reach the bottom and then what?
As an aside, the defensive play mindset to which the poster alludes, the first marshmallow, the politically correct paradigm change, required to ensure survival in this new game of false mirrors concocted by the global elites, is a very interesting line of thought; to encourage the 'Stockholm syndrome' amongst the down trodden middle class that has no real options. Good analysis of picture painting techniques there by the Rifkin types of how to manipulate opinion through gentle, soothing politically slanted, obscurantist brush work.
Nice work throwing into relief the political dimension--'political' rightly understood, where there's an agenda and all. Yes, they're playing with our heads. Wait till they vaccinate us!
'cha, nor very much easier, - Ned
Well, he lays it out there pretty good. Some of us want to get started with the rebuilding before it all falls down. Problem is, the mass of government and status quo is too great, with too much inertia, and cannot be stopped until it finally stops itself.
YOU...............cannot hide from Armageddon Forces.................
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