He was quite informative about the macro-economic philosophies that held then , and in the Crash of 1929, and also about the choices ahead of us. By 'us', I mean our overlords, who don't listen to us.
I understand that big guys have to decide the macro stuff, but those bastards don't have a single clue about what makes anything work, other than how to get their own million-dollar paycheques.
He answered a question from the audience by saying that he essentially agreed that: over-regulating banks will take the dynamism and creativity out of the markets.
Right.... the markets that are on life-support, because they're greedy bastards,
playing with our money! brilliant.
The only thing that he would not do was talk about what the average person was supposed to do about this situation."Protest will go nowhere because it doesn't present a plan",
"real wages have fallen since the 1970s",
"Banks just going back to what they're supposed to do is not going to happen"
were about the only things that he said about the workers present,
like me.
Are we just supposed to grin and take it?
Wait for our fate to trickle down to us?
like the trickle-down corruption we're seeing?
So, I'd like to make like a philosopher and quote
English philosopher Thomas Hobbes, it is
“war of every man against every man”.
Other Costick67 solution are:
1. don't listen to those Western economist bastards,
their corruption is just indicative of a system on the skids,
with nowhere else to turn, but to gamble away people's savings.
I'll answer to Mason about what banks are NOT supposed to be doing:
they're not supposed to be gambling away our life savings [although, to his credit, he did mention credit unions and their benefit to local economies].
But, in his non-response, he basically proved the thing which he
dared not say:
any money put in the banks is a gamble.
2. All workers in a globalised market should follow the money.
that means going to China,
wherever China is investing in,
whatever China needs, provide it.
I think they might know the value of highly-educated workers.
The West sure doesn't.
They're just the pirates on the high seas of international trade.
You should help China crash Western economies.
then maybe there'll be a shortage of employees in the West,
causing a rise in wages.
3. don't invest in banks or stocks, or any Western bullshit.
deposit your cash at a credit union, not a bank.
buy gold.
build a home with your own hands.
plant your own food.
every person or 'household' for him/itself.
4.Globalisation and Western politics are designed to screw workers.
don't buy anything that you don't absolutely need.
buy used stuff.
repair or make things yourself.
take a college course in solar energy.
take your house off the grid.
Start a very small business,
because the banks will not invest in main street.
"real wages have fallen since the 1970s",
"Banks just going back to what they're supposed to do is not going to happen"
were about the only things that he said about the workers present,
like me.
Are we just supposed to grin and take it?
Wait for our fate to trickle down to us?
like the trickle-down corruption we're seeing?
So, I'd like to make like a philosopher and quote
English philosopher Thomas Hobbes, it is
“war of every man against every man”.
Other Costick67 solution are:
1. don't listen to those Western economist bastards,
their corruption is just indicative of a system on the skids,
with nowhere else to turn, but to gamble away people's savings.
I'll answer to Mason about what banks are NOT supposed to be doing:
they're not supposed to be gambling away our life savings [although, to his credit, he did mention credit unions and their benefit to local economies].
But, in his non-response, he basically proved the thing which he
dared not say:
any money put in the banks is a gamble.
2. All workers in a globalised market should follow the money.
that means going to China,
wherever China is investing in,
whatever China needs, provide it.
I think they might know the value of highly-educated workers.
The West sure doesn't.
They're just the pirates on the high seas of international trade.
You should help China crash Western economies.
then maybe there'll be a shortage of employees in the West,
causing a rise in wages.
3. don't invest in banks or stocks, or any Western bullshit.
deposit your cash at a credit union, not a bank.
buy gold.
build a home with your own hands.
plant your own food.
every person or 'household' for him/itself.
4.Globalisation and Western politics are designed to screw workers.
don't buy anything that you don't absolutely need.
buy used stuff.
repair or make things yourself.
take a college course in solar energy.
take your house off the grid.
Start a very small business,
because the banks will not invest in main street.
The wildest thing he said was that if globalisation stops, war will soon begin. How's that for fearmongering.
-Costick67 ~(8^P
-Costick67 ~(8^P
