Friday, September 2, 2016
US DEBT FAR EXCEEDS OUR SOLAR SYSTEM
I thought helping to put things into perspective by comparing OUR solar based planetary system and its origins, give or take a few, 4-5 BILLION YEARS with current US DEBT ESTIMATES in MULTIPLE TRILLIONS!!
That's TR-illions versus B-illions.
Exact numbers being irrelevant.
Our DEBT NUMBERS far EXCEED creation of our solar system.
Above debt figure does NOT include highly speculative and many flavored GAMBLING CASINO STOCK MARKET DERIVATIVES, again, ESTIMATES vary in the NUMEROUS TRILLIONS.
Stock market hedges, derivative tools, of course, represent NO VALUE ADDED whatsoever being merely exotic, designer, financial instruments for legalized gambling purportedly based on underlying value of one or another commodity.
All this, of course, dependent upon additional QE, stimulus.
Does the above NOT represent voodoo economics??
Is it any different from wheelbarrow money as in 1920's German Weimar Republic??
Do these numbers, figures, have ANY REAL meaning??
For all intent and purposes, one might as well declare our debt ceiling, like our universe, INFINITE.
If I did stand up comedy how much better can it get??
NO amount of increased trade, export, production, tax increase, decrease, income generated, human exploitation, rape, plunder, various financial schemes, able to redress the preceding imbalance.
And to whom, where, for which, what, purposes, did, does, ALL this ARTIFICIALLY MANUFACTURED debt, fiat money, creative financing, subsidies, go??
A rhetorical question, of course, answer being found in my many posts.
If you do NOT understand it already, you exist in a hopeless miasma, a dense intellectual fog.
Consider the above as you listen, IF you wish, to an interesting presentation BELOW about an unmanned exploratory spacecraft to our planetary asteroid belt.
I DO agree with the fellow speaking, it certainly does REPRESENT a REAL miracle that our puny, Earth bound, life species built upon the COLLECTIVE shoulders of MANY and hard won experience and experimentation reached a pinnacle now able to travel, via machine, of course, outside our Earthly planetary perimeters to explore parts of our universe and TRANSMIT back viable information!!
What is TRAGIC, however, is that our COLLECTIVE SOCIAL, ECONOMIC, system remains PRIMITIVE, BARBARIC, PREHISTORIC, PRIMORDIAL, CONTRADICTORY, NOT on par with our scientific understanding, hurtling relatively rapidly towards self-annihilation.
Be forwarned, however, the flip, down side, of this great cosmic enterprise being PRIVATE, COMMERCIAL, FOR PROFIT, laissez faire, market based, EXPANSION, investment, into SPACE exploration, travel, exploitation, which MUST, SHOULD, BE COMPLETELY PROHIBITED, IMMEDIATELY HALTED, STOPPED!
It's totally obscene, like most everything and everyone else at the moment.
I add only one, minor, editorial commentary to an otherwise entertaining presentation below.
In a nutshell, that which makes possible ALL BELOW being a unique human capacity, our INTELLECTUAL POWER OF ABSTRACTION.
Without this natural gift, nothing could, would, happen.
Thus, as a species, collectively, we are able to comprehend, compute, understand, apply, UNIVERSAL PRINCIPLES of an entire cosmos, thanks to a very special NATURAL designer tool, adaptation.
The same holds true for our economic, productive, system.
But, THAT, NOW, does NOT represent APPLIED SCIENCE due to THE MOST REACTIONARY, COUNTER-REVOLUTIONARY, REGRESSIVE, PRIVATE OWNERSHIP, MARKET BASED, IRRATIONAL ECONOMIC SYSTEM WHICH MUST CHANGE.
Otherwise, nature's grand experiment will come to an end.
Therein lay both PROBLEM and SOLUTION.