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Friday
Jun172011
Wake-Up Call - 06/17/11
June 17, 2011
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War Clouds
Public addiction to and fascination with war. Recent events bear witness to the citizenry’s non-opposition to war. Permanent support for war covers every spectrum of the political divide, denials and excuses notwithstanding. Australian economist Steve Keen and his take on the compounding of debt and how debt has financed asset price bubbles leading to depression. The absurdity of the stimulus. How high and low standards of living over the centuries have oscillated between east and west and how it is now the turn of the east to carry the mantle of higher living standards.
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