The consumption-oriented lifestyle could never scale across 7 billion people, hence Globalization was never more than an openly accepted form of slavery. As long as someone else's children were doing the suffering, the wealthy nations never questioned the system.
Global policy-makers saved the globalized ponzi scheme from itself in 2008. Now, having squandered all resources, the odds that they can save it again are somewhere between zero and impossible. The first meltdown was to weaken the model. This next one will kill it, for good...
The New Rome
Third World factory slaves. Worthless political thought dealers. Vacuous media buffoons. Country club CEOs hell bent on liquidating their own country. Wall Street greed idolators. Self-important billionaires sprinkling their Central Bank-inflated wealth on the indolent masses. Hollywood's fake gods and goddesses saving the world one comic book remake at a time. Steroid-bloated millionaire athletes pimping factory slave made sneakers to poverty-stricken inner city youth at $150 a pair. Testosterone-depleted boy-men running around like refugees, incapable of anything beyond their own immediate self-gratification. Idiocratic masses, stewing in a lethal cauldron of junk food and junk culture - preoccupied by modern day Reality TV spectacle.
Collapse-O-Nomics: An economy by and for morons
This just in: the U.S. economy will *grow* 3% in 2014, by borrowing 3.7% - you can't make this shit up. Meanwhile, at 3.7% of GDP (~$600b), the U.S. would still be borrowing 85% of its annual defense budget.
And: "After 2015, the deficit will start to increase again according to the CBO, but as I've noted before, we really don't want to reduce the deficit much faster than this path over the next few years, because that will be too much of a drag on the economy."
Life Without SUVs: Inconceivable
Third grade math indicates that the consumption-oriented lifestyle is in no way scalable across 7 billion people. In the U.S. alone, 5% of the world's population consume 20% of global resources. It's a tale of moral, intellectual and financial bankruptcy that today's thought dealers would allow so much legacy industrial assets to be liquidated just to propagate the fundamentally unsustainable for a few years longer. The comfort-seeking masses can't possibly face the idea that their mission to consume the planet, is ending. What will life be like without Third World factory slaves making cheap junk for sale at Walmart?
Anyone who reads this after-the-collapse, must come to terms with the fact that they were financially bludgeoned merely because they took all of the above decadence for granted - "business as usual". And the fact that they were incapable of third grade math or otherwise had their heads buried straight up their own ass. Even at this late stage, the vast majority are totally bought in to the status quo and its inherent exploitation-based mentality. It's totally unquestioned.
What to tell the grandchildren?
"Yeah, we thought it was odd - trying to borrow our way out of a debt crisis. And we really felt bad about bankrupting your generation, but those shopping sprees were fantastic. Personally, I was skeptical trusting the same morons with the global financial system after they crashed it in 2008, but then Bernanke gave them a free bailout and a lot more gambling money, so they seemed happy. I was really taken aback when the Chinese stopped lending us their money - after all, we'd been paying them $.10 on the dollar in wages. Totally ungrateful. Overall though, I'll be honest, I was too busy watching the Dow, the NFL and Faux News, so I really had no clue what the hell was going on in the real world...".
Does anyone honestly believe that today's crippled church(es), riddled with their own corruption, will provide stability in the days to come? Will the masses turn to the dominant religions of today i.e. the ones who turned a blind eye to all of today's iniquities and madness? Will the church have any moral authority left to play such a role? Will credit card collecting Televangelists become our new beacons of hope? With their perma-smiling sociopathic charisma which would be selling used cars if it wasn't selling religion? Highly doubtful. As we all know, Profit Killed that Prophet a long time ago.
In A Real Economy Supply Is Demand
I highly doubt that the U.S. would ever turn full blown communist - let's face it, today's phony Obama-socialism is nothing more than foodstamp-based riot control while billionaires complete the estate sale. Those Americans who honestly think that the U.S. is on the verge of socialism, need to take their first-ever trip outside of the U.S. and get some fucking perspective. That said, there are several well known countries where opinions are turning decidedly against capitalism, not the least of which is Japan. Suffice to say, the age of Sociopathic Corporations run by sociopathic frat boys is coming to its inevitable bad ending.
Life After Extend and Pretend
What difference can one man make in all of this madness? I've met enough good people in my lifetime to know that they are out there. They are just few and far between. Therefore the hope is that the impending "reset" bludgeons today's amoral self-absorbed jackasses and their dumbfuck ideas into abject oblivion, all while keeping enough of decent humanity and this planet still intact to rebuild upon.
I realize that's a stretch, but it's all I've got...
P.S. Scroll down. My new blog background reflects the end of a graceless age and the (eventual) promise of a new and better one. Not the end. The beginning.
Or it might just be the stronger Prozac. Who knows?