The 2008-2009 bailout figure I've seen often on Wall Street on Parade is $29 Trillion, much of it in payments from the Maiden Lane companies to counterparties.
The first link is fine investigative journalism on your part,Tony, and the second link is an authoratative reference to substantiate it.
I can't imagine $29 trillion, and I think it is notional, not translatable into real economy at this point. It seems that we face a social-political question of who will have what, when the claims on real wealth are stratospheric, overlapping, and can only be realized at some small fraction.
The "wealthy" would like to eliminate most of the population and their claims on wealth and resources, and they have laid plans in place for that to seem to accomplish itself going forward.
I must resist, since this is hubris and mass murder, with the intent to mass cyborg-slavery to follow. Surviving this decade will be an important victory fr those who can do so., I think.
Those who are ( still ) out to "promote material expansion". We can simply ask them,
what about the biophysical limits of the earth. How can infinite growth continue on a finite planet?
In this context, to all those technology worshipers and energy experts - They could consult two books which explain why their dream will be dashed or at best stalled along the way.
1. THE LIMITS TO GROWTH Donella Meadows / Dennis Meadows / Jorgen Randers
2. Overshoot (and Collapse) by William Catton.
Not that one is holding these two scientific texts as the bible, however they foresaw the
coming age of polycrisis (energy, climate change, exodus, war, fire, flood etc) as an outcome
of infinite growth and a very short age of exuberance (1950 to 1990)
I can't really argue with people who are supporting a particular worldview, like "endless economic expansion". I see why they find it appealing, but I just don't have time or energy to attempt to change belief systems these days.
People stress out and feel like you are attacking them.
If somebody plants a vegetable garden I feel like a big winner.
If you mention The Limits To Growth to some people they will turn on you viciously.
I became aware of it in early 1974, and monitor the "business as usual" projections, which are still tracking well.
Once you go underwater, as here in Tahiti and the near Tuamotus Archipelago you never go up to the surface, no drug can compete and to your surprise many coral “banks” with no money but fish with all the colours of money. Come to the club of the “pauvres millionaires”. 🐠🦑🐟
Yes, it is very pleasant. I have lived in Hawaii. This is what I was thinking of when I wrote that I have always liked to swim underwater. As a teenager I practiced until I could hold my breath 5 minutes nder water (better in cool water than in warm water).
hostia que loco todo. O sea que esto es lo que esta pasando!!! Que los bancos y las hipotecas y los 0,2% y la reserva federal se deteriora hasta la contraccion y nadie quiere perder dinero. Y yo sin enterarme!!! Muchs gracias por avisarme. espero que salgamos de esta. Hasta la victoria final camaradas. saludos a los niños
The 2008-2009 bailout figure I've seen often on Wall Street on Parade is $29 Trillion, much of it in payments from the Maiden Lane companies to counterparties.
https://www.globalresearch.ca/financial-meltdown-and-the-bailouts-the-role-of-speculative-trade-wall-street-criminality-on-display/5721337
see also
https://www.levyinstitute.org/pubs/wp_698.pdf
The first link is fine investigative journalism on your part,Tony, and the second link is an authoratative reference to substantiate it.
I can't imagine $29 trillion, and I think it is notional, not translatable into real economy at this point. It seems that we face a social-political question of who will have what, when the claims on real wealth are stratospheric, overlapping, and can only be realized at some small fraction.
The "wealthy" would like to eliminate most of the population and their claims on wealth and resources, and they have laid plans in place for that to seem to accomplish itself going forward.
I must resist, since this is hubris and mass murder, with the intent to mass cyborg-slavery to follow. Surviving this decade will be an important victory fr those who can do so., I think.
Suddenly survival in whatever form has become so fraught that it has become the basis of victory.
"Outlive your enemies."
It sounds dirty: emerging modified consensus.
It is dirty...
Hi John
Those who are ( still ) out to "promote material expansion". We can simply ask them,
what about the biophysical limits of the earth. How can infinite growth continue on a finite planet?
In this context, to all those technology worshipers and energy experts - They could consult two books which explain why their dream will be dashed or at best stalled along the way.
1. THE LIMITS TO GROWTH Donella Meadows / Dennis Meadows / Jorgen Randers
2. Overshoot (and Collapse) by William Catton.
Not that one is holding these two scientific texts as the bible, however they foresaw the
coming age of polycrisis (energy, climate change, exodus, war, fire, flood etc) as an outcome
of infinite growth and a very short age of exuberance (1950 to 1990)
I can't really argue with people who are supporting a particular worldview, like "endless economic expansion". I see why they find it appealing, but I just don't have time or energy to attempt to change belief systems these days.
People stress out and feel like you are attacking them.
If somebody plants a vegetable garden I feel like a big winner.
If you mention The Limits To Growth to some people they will turn on you viciously.
I became aware of it in early 1974, and monitor the "business as usual" projections, which are still tracking well.
Serious times. There is at least one happy lady with a growing garden!
I’m holding my breath and I secretly take lessons in how to breathe under water, Waterworld II or is it already III coming
I have to live or die on the surface, though I have always liked swimming underwater.
:-)
Once you go underwater, as here in Tahiti and the near Tuamotus Archipelago you never go up to the surface, no drug can compete and to your surprise many coral “banks” with no money but fish with all the colours of money. Come to the club of the “pauvres millionaires”. 🐠🦑🐟
Yes, it is very pleasant. I have lived in Hawaii. This is what I was thinking of when I wrote that I have always liked to swim underwater. As a teenager I practiced until I could hold my breath 5 minutes nder water (better in cool water than in warm water).
hostia que loco todo. O sea que esto es lo que esta pasando!!! Que los bancos y las hipotecas y los 0,2% y la reserva federal se deteriora hasta la contraccion y nadie quiere perder dinero. Y yo sin enterarme!!! Muchs gracias por avisarme. espero que salgamos de esta. Hasta la victoria final camaradas. saludos a los niños
It will be a long decline. Pace yourself, Amigo.
Grow vegetables.
longer than our lives bro as always