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Economy
The Darkest Pool - James Howard Kunstler
2013-07-14
Like entropy, the diminishing returns of technology never sleep. The hubristic techno-narcissism of the day, as seen in mankind's efforts to fake-out the universe, will eventually get our one-way ticket to Palookaville punched. Perhaps there's such a thing as being too cool after all.
I don't consider being "cool" a good thing. Reptiles are cool. Tortoises and gila monsters and guys wearing shades at night are all in the same phylum or whatever. Technology's returns aren't diminishing. If you read science fiction as a kid, go back and read your favorite stories now. 2013 is so different from 1993 as to be almost a different world.
The trick so far has been to create massive inflation, export the effects of it to other trading partners, and end up with a lot more money here in the USA, or the illusion of more money. Well, loans, for houses, cars, and college tuitions. In a word: debt. Let's call it "Rainman Economics," because it begins to resemble the behavior of a severely autistic human being who performs a small range of obsessive actions over and over and over, often centered on numbers. Rainman Economics is the policy of the Federal Reserve and, indirectly, the government under Mr. Obama.
They're very Keynesian. You don't have to refer to a minor movie hit that most people have forgotten or are trying to forget.
The suave and genial Champ just doesn't know what's going on -- despite being surrounded by minions with briefing folders, sages and vizeers,
Viziers. Get the spelling right.
quantitative augurers neck-deep in mathematical goat entrails, and (always) the lone, silent soldier toting the dire nuclear "football." Champ doesn't know that the universe has launched us on a journey to a place beyond techno-industrialism -- and it's not Ray Kurzweil's infinity of orgasms.
I'm not too sure what orgasm have to do with the world. I think we're entirely too fixated on them. Why spend 23 hours and 40 minutes a day every day thinking about an activity that takes, when you take your time, twenty minutes? Yeah, yeah. It's important. If it was all that important trilobites would still be ruling the world, because they could do it, too.
It's a place where no ring-tones are heard and not so much as a stretch-mark of the Kardashians remains to be found.
Far more viziers than sages but I digress. Read on please.
Posted by:Besoeker

#4  ?
Posted by: Pappy   2013-07-14 21:55  

#3  Copied directly from the article, GOTCHA, you don't like it when I do it, Now I caught you.

Watch what you critique.
Posted by: Redneck Jim   2013-07-14 20:33  

#2  Kunstler is a professional bed wetter.
Posted by: Shipman   2013-07-14 04:46  

#1  That's what happens when you replace a system of education with a system of credentialization --- clueless mandarinate.
Posted by: g(r)omgoru   2013-07-14 04:29  

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