View Single Post
Old 11-04-22, 11:38 AM   #255
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 40,471
Downloads: 9
Uploads: 0


Default

^ Its a multi-factorial crisis, and it all comes down on us now simultaneously.

- The FIAT money crisis since Bretton Woods collapse.
- Population explosion and aggressively expanding emerging markets/economies.
- Cheating fiscal policies and the central banks' fractional reserve keeping.
- Keynesianism and overspending by credit taken not based on consummation saved, but taken form the future (which makes this credit conusammaiton that in the future will lack).
- No lessons learnedf from 2007/08.
- Climate crisis.
- A pandemic, corona lockdowns and collapsed logistical supply chains.
- War.
- In the West: inner political destabilizations triggered by by external hostile sabotage and home-grown radical populists.
- Gallopping inflation.
- Suicidal debts.
- Killing energy costs, and (in Germ,any at least) wanted further cutting of energy supplies to push costs even further.
- Unrealistic green "ideologism".
- The beginning of an exodus of the producing industry from Europe to Asia where energy costs less.
- Monumental incompetence and unscrupolousness of the political personell, a high grade of lobbyistic corruption and conspiration.
- Mass migration.
- Cancerous bureaucracy that strangles everything and everyone.


A system completely out of controlability and managability. Half-hearted attempts to tackle problems too late, by too little.

No, I do not see how we get off this train again before it derails. Its too uch, and we have been indoifferent for way too long. Now its to late, i fear we are beyond the point of no return.
__________________
If you feel nuts, consult an expert.

Last edited by Skybird; 11-04-22 at 12:01 PM.
Skybird is offline   Reply With Quote