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The Future After the End of the Economy

Posted on February 28th, 2012 at 21:36 by John Sinteur in category: News -- Write a comment

[Quote]:

But economists are not people of wisdom, and I do not even consider them scientists. They are more like priests, denouncing the bad behavior of society, asking you to repent for your debts, threatening inflation and misery for your sins, worshipping the dogmas of growth and competition.

  1. This reminds me of Ravi Batra’s “The Great Depression of 1990″. Personally (and as a disclaimer, Ravi is an old friend of mine since the 1970′s) I think he was only off by a couple of decades! Our political system is sophisticated enough to delay the inevitable for a considerable period. If it hadn’t been, then I think that Ravi would have been spot on!

  2. A reader just sent me:

    Here is a link to the Wikipedia article about my friend Ravi Batra:
    http://en.wikipedia.org/wiki/Ravi_Batra

    His book, “The Great Depression of 1990″, published in 1987, was a
    NYTimes best seller. Some of what he was saying then, is relevant now.
    To wit:
    “His books center around the main thesis that financial capitalism
    breeds excessive inequality and political corruption which inevitably
    succumbs to financial crisis and economic depression.” – sound
    familiar?

  3. ..and eventually succumbs to repression by the well fed swine that have the greatest interest in the survival of the status quo.

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