Thanks for two most timely and truly great articles explained in plain English. Although I have been
A CEO of the Bulgarian "Bank Consolidation Company" and my signature at 1992 was worth 5 billion U.S.$, your up today know how on banking is superb to mine and reading through your articles was a practical learning experience that I enjoyed tremendously.
However at least from my level of personal bias and relative incompetence, Wall Street and the stock market, which all its varieties could be perceived as a well designed Pyramid, which kept on going and functioning while some necessary order , let us say the ratio- 20/80% was taken care of.
The 20% were the sharks of different calibrates, and the 80% left were the tiny fish who fed the sharks, but the sharks on their side had the responsibility to take care of their food and its quality.
It is a well known fact that in the U.S. some people play on the market, sometimes betting just 20 $(bucks). Both the economy and the financial system that are intertwined and interdependent could
be perceived as an altogether successful socio- economic experiment that was to dominate the world
after the collapse of the Soviet Union (classified as the empire of the evil, maybe not without any reason). Unfortunately the U.S., which the late Erick From, used to state in his "Anatomy of Human Destructiveness", love to play games they can't win by definition. So when they were left without a real opponent with whom to consider, they decided to outsmart themselves, falling into the trap of pursuing the mirage of the "Limitless freedom", one of the "Creator's(GOD)" smartest traps and jokes! "Now that we don't have to take care of given necessities, we can feel free to create "New Realities",was a statement that came from one of President's G.Bush, advisor's. By assuming that the sky was the limit, anything began to seem possible! I was completely amazed by the way the world started to function! Now and then someone came up with something scary of what is ahead
and Alvin Toffler did not make an exclusion.
. One could be right right to feel pessimistic about eastern teachings and wisdom, since the only
thing that they really offer is some sort of personal therapy to stay cool and achieve some personal comfort no matter what happens with or against our will!
They don't solve objectively anything in principle outside your aura, which is the sad part of the story. But are there objective solutions entirely dependent from us or are we manipulated in a strange way by some unknown trance dental powers that are using us to conduct their own game something , that has has nothing to do with human moral, values, reasoning,etc.???
A lot of things that happen strike me as impossible for the ' human brain' with all it's limits to consciously conduct, design, invent,etc.
Christianity with all it's updates is hardly the answer, neither any other religion can deliver the 'missing link', for the time being. But life without any religion can be very dangerous:'Dostoevsky used to state, that once you assume the absence of GOD, anything no matter how disgusting becomes POSSIBLE'. Science and Politics are the main FAILURES of the 20'th Century,that heavily relied on them for solutions. So I started to get truly annoyed with our civilization as a whole entity.
Then recession started to knock on our doors more and more often until finally, the economy ran out of control and "Complexity Theory", accompanied by 'relativity', 'quantum mechanics', 'chaos',
'catastrophe theory', 'uncertainty and risks', 'industrial and natural hazards' and 'human bias', greed, kleptomania, irresponsibility,wishful thinking and total lack of long range strategic visions resulted in a frightful phenomena-'The system slipped out of any reasonable control and was left on auto -pilot mode of flight.' A bit earlier than 2002, as Kelleen had sensed and realized the fact. Unfortunately it was not a bicycle to repair and no living Guru, financial genius or whatsoever could coin up an adequate remedy, but this is another story.
Naturally when so many DEVILS assemble together - HELL has to pay the BILLS!!! Yesterday our great financial wizards
who can Predict-Nothing, as well as Prevent even less than anything- but only inflict Harm, told us that the Lehman Brothers had perished with
dignity,leaving Meryll Lynch in a situation in which as the word goes -'We will pray forever!." If you are curious enough,see:www.mediapool.show/
?storyid=143645, Bulgarian interpretations of the phenomena. But, take it easy-here come the 2 - Nobel Price Winners, that reassure us that the long range perspectives are very encouraging! There is no reason,'The Wise Gays" argue that IF(????) the Eastern countries manage their economies well(???), continue
to educate their population as brilliantly as usual and keep open to the rest of the world(Do what ether Bush or Putin preach), they don't see any reason why
we shouldn't be able to succeed in totally ruining our economy, digging for unlimited wealth under the bottom line! We also have an option to give Warren Buffet a 2billion$ dinner for some priceless advice! His 'Majesty'-the Market has to muddle out of the crisis all by himself (Cosmic consciousness), while the stability of the money flows has to be regained by a purely political Decision and Will (Now you have a clear explanation, why I am so exited about decisions, no matter clever,stupid, human or non-human).Ex: It rains because it rains.And this encompasses an understanding off all the interactions that happen between raining, evaporation, air cur renting knowledge and when it is noise ans so forth. Satisfied?- This is Wisdom: evaluated understanding!
In my latest article on "The 'LEHMAN' FINANCIAL crises in the U.S.", I
wrote that only 1 % of the whole population of the U.S., consisting of
JEWS and WASP(White ANGLO -SAXON Protestants), are running the big
financial show. This 1 %, gets more income than the rest 40% on the
line. Maybe I am ,stupid but I fail to comprehend WHY the ordinary
American voter has to give his vote faithfully not for his own benefit,
but in favor of this 1% financial and political elite, whose interests - any
possible Government of the U.S., has to defend as it's top priority
delegated from the sky above "US"??! Until not long ago it was 'funnily
assumed', that the limitless prosperity of this so called "ELITE" was
quarantining the wellbeing of the rest 90% of the population. Suddenly
it turned out that this is not the case whatsoever! Even more- when "The WISE
Folks-1%," win - they are supposed to pick up everything -'The winner
takes it all!'. When they loose - The Taxpayers have to pay their Bills!
It is as simple as that! And we are supposed to watch this theater being
played right in front of our eyes from the back seats and clap until our
hands start to ache from Democracy!
WOW! I forgot, that after all we all are part of an 'Organization'!
And here is a definition I truly like and am willing to share it with the rest of our great informal community.
An organization is like a tree full of monkeys, all on different limbs at
different levels. Some monkeys are climbing up, some down. The monkeys on
top look down and see a tree full of smiling faces. The monkeys on the
bottom look up and see nothing but assholes.
I only wonder what Kelleen will respond to all my "important nonsense' ,ala "Why does water run downhill?" Interestingly enough, if one asks a pure operational scientist,'Does water run downhill because it chooses to or because it has to?" he would answer "Neither." It simply does. I find this delightful, since even most Zen Buddhists would agree with him on this point.