about why this is happening. A friend alerted me to what was going to happen
many years ago based upon the fiat currency argument (that inflation was
being created by endless unbacked credit). It seems a bit simpler to me, the
cause is simply there is more debt now than actual things to buy.
Our economies are not that productive really, how much work do we really do,
and how many of us would really buy the products we create? I kust got
called today about health insurance. I said I'm not going to fall ill. How
do I know this? Because I live "carefully" and have risk factored into my
life already using "intelligence". I've spent years working in
Biointeractions which makes all its money from a coating for bypass
oxygenators. Thing is the massive rise in heart disease occurs as soon as
people start living in cities. That is as soon as they start sitting at
desks, driving cars and eating "too much" (intended tautology): all the
things they are earning money to afford. In the fields they never needed
oxygenator curcuits... so the value of what I was doing was almost entirely
created out of thin air by all the other industries (like food and
transport) which are manufacturing an imaginary market out of thin air by
getting us to eat more than we need. And the car industry does the same: if
we really need cars, how come I don't have one?
Its all imaginary wealth stoked up on imaginary needs and imaginary
products. Insurance! what a scam. Like all the gambling in the stock
markets. Clearly if it benefitted you then the insurance companies and
traders would all lose money. It is because they make money that we know
they are scamming us. They make money from nothing more than a "sense" of
risk, its not even a real product! So there is a probability that I will be
crippled today and be unable to work. You can be sure the actuaries have
done the maths and it works out that the cost of your insurance is greater
than the likelihood of that happening. So it is better to save that money
yourself! So the entire finance sector is just fake wealth, and fake
employment. And as if to prove it is unreal, the government just changes the
rule when it pleases.
The economy never really grew because humans haven't really changed. That is
a simple fact. The bubble and stuff are all imaginary, admittedly stoked by
easy credit, but that credit was only buying stuff that didn't really
exist... like "easy" transport. Its not the cars which are "easy" because in
a century with better technology car's will be a sad hassle for poor people,
its just that we think they are "easy". I still walk because I've got legs,
cars are an illusion of easiness and wealth. As copiously argued it is
actually status which gets people driving, and buying 4x4 as the latest
trend. So it is imaginary wealth. The "wealth" in a car's doesn't exist, you
are wasting your money to buy it.
This is why the system may collapse because people are now asking, what is
really "worth" anything? Well I've argued at length in the blog: love,
water, food, warmth, health in that order! these are what are "worth"
anything.
We can die happy if we have love (love meaning 'giving' freely to all, not
selfish what we 'take' from our partner). We can be strong for a long time
with water. We can keep moving and search for shelter with food. We can rest
and recover when we find warmth. There is nothing else in this whole
universe that has Real value. In the "depression" that comes we will relearn
this lesson. Cars, houses, electronic goods, this blog probably; all will be
lost. But that is good, because the "depression" is badly named, it is
actually the Homecoming out from the glittering world of illusions of the
economic fantasy in which we're been nurtured for the last few centuries.
And this will bring a smile once again to the face of our Mother, Nature,
for her children may finally be coming home again.
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