<... just as you do not believe Greensputin will be responsible for the implosion of the financial system as it is today, I do not believe, and therefore am not concerned about, the scene described by you.>
Jay, on the contrary and not only do I think the financial system as it is today will implode, I'm working on causing that happy event which will Let Freedom Reign with my fancy-pants all new, singing and dancing, with bells and whistles Q currency [or maybe U]. Bring it on!
Even then, I expect more of a cratering of the financial systems than an implosion. We might even buy the olde style foldable state fiat currencies for a reasonable price rather than just leave them to fizzle out. As you say, a negotiated reasonable price.
Uncle Al KBE won't be "responsible for the implosion of the financial system as it is today", because there's nothing he can do about it anyway. There's even a book about it - hang on, I'll get it. Here it is: "The Innovator's Dilemma" - "When New Technologies Cause Great Firms to Fail" by Clayton M. Christensen. "Lucid, analytical - and scary", Dr Andrew S. Grove Chairman and CEO, Intel Corporation. It was kindly sent to me by Uncle Frank during the Biotelecosmictechdot.com super boom days.
I note in passing that Intel should be scared. QUALCOMM is booming and increasingly, people will use mobile QUALCOMM ASICs instead of mainframe Wintel megachips and bloatware.
The financial system as it is today is an absurd fiat bloatware, running horribly inefficiently, costing everyone an arm and a leg, requiring banks, credit card companies, government departments, police, and other institutions to manage conversions, flows, thefts, frauds, this that and the other. A veritable Gordian Knot of confusion, obfuscation, entanglement, twisted and impossibly complex.
Uncle Al KBE isn't responsible for it. He's just trying to keep it on the straight and narrow.
It might all come to an end as you expect, without me lifting a finger, via the usual printing process of vast dilution as has been demonstrated at various times, combined with panic as everyone dials 1.800.GET.ME.OUT. These days of course it's a faster pixelation process, requiring not even an input of paper or its distribution.
Even if Uncle Al KBE, Uncle Sam, Bernanke and successors and hangers-on manage to keep the whole top-heavy menagerie on the rails, there is no Nirvana at the end of the line. There is just a town called Oblivion and a new shining city on the hill called Utopia. It's the end of the line. No dollar, shekel, yen, renminbi, rouble, kiwi, rupee, oh heck, Google has a huge list of them fx.sauder.ubc.ca will return to tell the tale. It is, as you say, inevitable.
As to the other "inevitability", I dare say King George II thought that Saddam would be a pushover. He was, in a way. But perhaps you've heard the story about the Tar Baby. Easily whacked, but very sticky.
The WAT in general and war against Saddam have been very expensive and while lives lost on the USA have been relatively few compared with any other large size war [think how many were killed in the war between Iran and Iraq], they have been significant and sufficient to make many quaver.
Perhaps Taiwan will simply fold, sign up to the anti-secession, Greater Co-prosperity Sphere law, along with Japan, South Korea, North Korea, New Zealand, and anyone else Hu Jintao fancies.
On the other hand, they might not. Perhaps Taiwan will pass a reunification law requiring that renegade Hu Jintao to surrender to the People's Parliament and apologize for his naughty, egocentric behaviour.
While gravity is apparently inevitable [on the scale of things which we see anyway], not much else is. Especially in the world of monkey cages full of humans armed to the teeth with interests spread around the planet.
I'm surprised at your belief in inevitability. In this case anyway.
As I explained, political gravity can reverse and while New Zealand was once sucked into the British Empire along with Australia, there was subsequently a anti-gravity effect, with no muss, no fuss. Why do you think it not inevitable that New Zealand be rejoined to Australia and both to the USA and all of those to Great Britain?
It must be something to do with the psychology of walls, which are everywhere in China. That's my theory anyway.
The British used to be keen on walls. They were around cities and castles etc. The Romans were big on them too: great-britain.co.uk Walls go with the psychology of territorial megalomania which was endemic in Britain [and elsewhere] for 2000 years.
China seems still to be embroiled in that psychology. In China, the first thing people do is build a wall. Then figure out the design of the building, perhaps just a shed, to go inside the wall. There are walls inside walls inside walls inside walls inside walls [I think that's about the right number if you start in the core of the olde boss's house in Beijing], like a Russian doll.
It's inevitable that that psychology will change, not that it will gain a new lease of life now in the 21st century.
Taiwan retaken = Inevitable? We'll see. Already, the feather-duster manoeuvres have been delayed [for technical reasons]. Giggle...
Mqurice |
