Indeed: <for we are in on a ride that is once in several generations> But this is not a repeat. This is a never-before, real-time, one-way, no exit, 3D experiment conducted by over 6 billion people enmeshed in a symbiotic conglomeration overlaid by the advent of cyberspace extra-somatic sentience.
Aztecs never saw anything like this, though in some respects, such as the French fiat fun of the 18th century, it's a matter of plus ca change.
Fractal scale up with different dimensions added.
My bet remains that We the Sheeple bumble through without nuclear war, economic desolation, Maoistic maelstrom. The abiding principle is that we all [a few exceptions aside] want our lives to be better not worse. So we are inclined to take actions that we think will improve our lives, which, for the most part, they do.
In other words, optimism is the fundamental correct position for life. Pessimism is to be used in small doses, if necessary.
With 1.3 billion people in China having been turned loose [more or less, relatively speaking] from the decades and even centuries of total serf status if not actual carnage from civil or external conflict, that's a LOT of turbo-charging in the direction of good. India's 1 billion are not exactly going backwards either. Add to their efforts the leveraging of the Biotelecosmictechdot.com revolution [such as CDMA/OFDMA/Wi-Fi in whatever frequencies] and the sky is the limit.
How exciting.
Now, there's just the small matter of $1 trillion here and $2 trillion there of debt to be cleared up. Big Ben has the process well underway.
USA GDP is going well. The war in Iraq has fizzled out more or less. Iran will fold like a pack of cards. Afghanistan is little more than a live fire training ground of no great consequence just as the world didn't quake when French government terrorists conducted operations in Auckland harbour against Greenpeace [cowardly soldiers bombing Greenpeace] though it was annoying in our locality.
Two years into the debt restructuring process and things are steady enough, more or less, on a democratic basis, for most people. Big Ben stands ready with competitive devaluation and fleets of helicopters at the ready, many already tossing bales of bucks into the maw of Fannie, Freddie and Bear Stearns with Lehman Brothers coming up. NZ's Bollard at the Reserve Bank has taken NZ$ down 0.5%, so the USA now is confronted by that challenge [which probably is not a large threat to them].
Mqurice |
