About the financial crisis

The events at international stock markets are quite interesting the last week or two. My personal interpretation is that this is the proof that an economy that is built on illusions (of infinite growth) and on bank credits cannot be sustainable. I really hope that this goes down big time, and something new and better will emerge. I’m also in big favor of the We Deserve It Dividend, this solution is too good, it can not fail.

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3 Responses to About the financial crisis

  1. Let’s see who gets to ride the next wave of angry disillusionment … I’d put my bet on fascism lite 2.0, rather then civic liberties movement 2.0, and fracturing of existing societies into smaller ones along whatever fault lines are useful, connected with a gentle (hopefully) drop in overall population in the affected areas.

  2. Mario Torre says:

    The fascism 2.0 is already happening, and I would not call it lite…

    I agree on your point about infinite grow, too.

  3. The “We Deserve It Dividend”-guy’s math was off. By a thousand.

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