Thursday, April 9, 2009

Overwhelmed

I'm still here. Have had no time to do much of anything. Doing taxes, work, the house, the vehicles...it's never ending.

This is just a quick post to let people know I'm still kicking around.

I found two videos on YouTube that give a good thumbnail sketch of what is happening in today's global economy. I talk with people every day who have trouble grasping the concepts of the world's debt based economy and why it is unsustainable. It isn't their fault for having difficulty, many of the damn people who created this system can't even understand it.

I don't understand it in its entirety. I understand just enough to understand it is doomed.

Bankers, governments, corporations and individuals have been "robbing Peter to pay Paul" for decades now, and that tidal wave of debt is about to wash over everyone and everything. Every piece of paper, every coin that we understand as "money" isn't wealth.

It is debt.

Get people who have a hard time grasping what is going on in the world to watch these videos. Stock charts with their candlesticks and trends compared to durable goods orders, imports/exports, and doctored unemployment numbers really confuse most people. I think it is done on purpose. These videos lay it out in an easy to understand format, from a guy who lived it.



3 comments:

Cygnus MacLlyr said...

Thanks for the update, Catman. Good to know you're ok-- besides taxes, I mean. And... oh hell, the list is too long! :)

Take care, my Man!

HermitJim said...

I can finally get a more realistic grip on what this is all about!

Thanks for sharing that, my friend!

erniesjourney said...

Well....HELLO again! This is a great video - I am like you - I know enough now that I didn't want to know so I can see what is happening and understand we are in some deep shit!