Is America Close to New Great Depression?
Heisenberg
2012/07/17 20:00:00
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Richard Duncan, author of "The New Depression: The Breakdown of the Paper Money Economy," says that America is experiencing a new type of "Great Depression." Do you agree with him?
CNBC.COM reports:
CNBC.COM reports:
The risk of a new depression — a sustained, severe recession — has struck fear into the heart of markets and driven monetary policy in developed economies since the current financial crisis began.
Read More: http://www.cnbc.com/id/48193471
Main reasons for this to occur: disinhibition caused by chronic stress and poor sociological development, and the narcassistic movement, caused by a poorly designed education system. When you give people attention without them truly earning it, they get focused on that short-term concept of pleasure-based reward. They will continue to seek it out, even if they have to do negative things to get.
This mindset shuts down the rational portion of brain, the pre-frontal cortex, and awakens the more primative portion of the brain, your basal ganglia and your amygdala. Exact reason why cocaine and meth are so addicting.
What he failed to understand was that a sustained stimuluos is no longer a stimulous, it becomes the norm. This requires an even bigger stimulous to acchieve the same results and our cost increases. In time that invcreased level of stimulous becomes the new norm and so on and so on until we can no longer manage the costs of further expansionary efforts. Sort of like a guy hooked on drugs.....For him to get well, at some point he will have to crash.
Keynes and your dream of a perpetual managed growth through constant expansionary policies precludes the notion of a crash and a reset which is exactly what we need at the moment.
Are they doing this because they are stupid or brainwashed, no they can't help it. If you look at studies on human empathy, you will see that people who are naturally more empathetic have a higher chance of being called naive or taken advantage of. They see the world as it can and should become, not as it is.
Your statement about human nature can also be said about democracy. While giving everybody the right, ability, and responsibility to lead both their own lives and others, there are adaptive primative functions that we inherited from being a part of the primate family, such as alpha (fe)male driven societies.
When no leader is present, narcassitic people take over. They start destroy the system to develop a system that becomes all about them. Lenin and Stalin in Russia, Napolean in France, Caeser in ancient Rome, Bush in America, Ayn Rand, etc.
Which will drag the rest of "the world" down with us.
The wealthy can afford it, and the poor don't pay it.
He is lying (again) when he says he wants to help the middle class.
He wants to destroy the middle class.
I can't stand either party. Both sides drive me completely nuts. Both sides tell you what you want to hear and then do nothing in order to prove that they are willing to make the necessary sacrifices need to save our society.
It has become all about them. Elitest socialism at its finest. Our country is no longer a democracy, but aristocratic oliogracy.
Do I believe that liberalism is dead, yes. It has de-evolved into a entitlement hand-out system that does not allow for people to become independant human beings.
However, i also know that studies have shown that we are social beings. We need an interdependant society, where each individual has a chance to make something out of themselves.
It starts with an effective education system, instead of one that forces you to think the idea of system. Where the leaders of school districts are not bureaucrats, but people with training in cognitive development and growth ideals. Where they can understand that making mistakes is a part of being human, and true education is about learning from those mistakes. Teaching kids to motivate themselves to become motivated, productive citizens; instead of just mindless drone that only want get drunk, party, have sex, pretend sentience, play football, et...
I can't stand either party. Both sides drive me completely nuts. Both sides tell you what you want to hear and then do nothing in order to prove that they are willing to make the necessary sacrifices need to save our society.
It has become all about them. Elitest socialism at its finest. Our country is no longer a democracy, but aristocratic oliogracy.
Do I believe that liberalism is dead, yes. It has de-evolved into a entitlement hand-out system that does not allow for people to become independant human beings.
However, i also know that studies have shown that we are social beings. We need an interdependant society, where each individual has a chance to make something out of themselves.
It starts with an effective education system, instead of one that forces you to think the idea of system. Where the leaders of school districts are not bureaucrats, but people with training in cognitive development and growth ideals. Where they can understand that making mistakes is a part of being human, and true education is about learning from those mistakes. Teaching kids to motivate themselves to become motivated, productive citizens; instead of just mindless drone that only want get drunk, party, have sex, pretend sentience, play football, etc. These leaders must also realize that there are chances that people can suffer from brain-dysfunction. That maybe the concussion a child suffured from at age 6 is now causing behavioral problems at 16. That the reason why the child is acting out in classes is because (s)he is bored and tired of waiting for information that stimulates them because they already understand everything the teacher is discussing.
I know what I'm talking about.
What I have seen from both sides is a blatent disregard for the people they are supposed to be representing. Short-term individual reward has become more important than long-term system gains.
Bull run markets Always develop into recessions. Bubble economics will always fail because the market economies will never be able to keep up with a fabricated monetary economy.
fact is a larger portion of the wadge dependent population is unemployed right now than has ever been unemployed before in all US history ....Food stamps are all that is keeping "soup lines" from be headline news all day every day !