Sunday, May 22, 2016

A Question of Balance

Why do we never get an answer
When we're knocking at the door
With a thousand million questions
About hate and death and war?
'cause when we stop and look around us
There is nothing that we need.
In a world of persecution that is burning in its greed.
- Question/Moody Blues

Mindless devotion to efficiency as the target end-game for Modern Economics has turned the global economy into a zero sum game between poverty for the many and prosperity, for the few...

Even at this latest juncture, it somehow escapes the mental capacity of today's EconoDunces to realize that Keynesian counter-cyclical policies taken to level '11' can never offset secular trade imbalances. We clearly live in a mentally challenged de facto Idiocracy.

This week's most staggering news for my part was Ron Paul's professed "kinship" with Bernie Sanders (on some issues) - two outsider thought leaders that I highly respect, but for different reasons. Bernie Sanders clearly understands poverty and Ron Paul understands prosperity. How they would reconcile their views and achieve prosperity for the majority is the question that has somehow eluded legions of soon-to-be-bankrupt PhDs. It's the multi-trillion dollar question that is becoming increasingly important as the globalized Ponzi scheme implodes. 

One thing we know for certain is that slavish devotion to any economic ideology and its associated charlatans, is a dead-end.

But don't tell anyone because somehow it's still a secret...