Godlike Productions - Conspiracy Forum
Users Online Now: 2,547 (Who's On?)Visitors Today: 932,078
Pageviews Today: 1,433,066Threads Today: 451Posts Today: 8,238
02:54 PM


Rate this Thread

Absolute BS Crap Reasonable Nice Amazing
 

Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.

 
Codlike Eruptions
Offer Upgrade

User ID: 33336449
Japan
01/30/2013 01:26 PM

Report Abusive Post
Report Copyright Violation
Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Hi. GLP. I have a little time on my hands, so I figured I’d scatter a few pearls before you swine, just for shits n’ giggles. Who knows, somebody might even learn something.

First of all, let’s start with the most important truth you need to internalize: the so-called "neoclassical economic theory” they teach at the fancy-pants Ivy-walled schools is straight-up bullshit. The naive college kids who haven’t been in the trenches yet and the spaced-out professors who get paid to spout this bullshit are the only ones who believe it on any level, if they even do at all. I guess mister and misses upper-middle-class McSheeple with a golf-course membership and a 401-K full of dogshit tech stock believe it too, or at least trust that the guys on TV who promote it understand it better than them and have their best interests at heart ( cruise ). That' what that ole neoclassical gangsta shit is designed to do: to look respectable and responsible, and to sucker in what's left of the fists-world investing class, along with the third-world generalissimos and strongmen who control resources.

But really, neoclassical economics is a racket, and its goal is to take money out of your pockets and put it in the pockets of the people who know how things really work.

The fact that most people on GLP understand this, even if their ideologies are often radically different from each others’, means its more productive for me to talk to you people about this home truth than it is for me to try to convince a conference room of smug bustards who mistakenly think they know their fat pinstriped assess from their elbows. So in talking to you, I've already won half the battle.

The harder half to win is to get you to throw out most of your ideas about left and right, to which you people seem unusually wedded. Most…but not all of therse ideas. There is just enough truth in the left-right paradigm to make it convincing. But if you really want that brass ring, you are going to have to take both something from the left, and sometime from the right. You are going to have to take the ruthlessness, the cold-and-clear analytical vision, and the profit-driven goal orientation from the right. And you are going to have to take the idea of strict central control of business by government from the left -- oh, not in the ham-fisted and failed way it is being sold to you by Obama's joke of an administration or the simpering faggy libs with their identity politics and coddling of the lazy, but in a much sharper, clearer, and more strategic way.

Very few people have the unique combination of open-mindedness, historical understanding, and raw guts necessary to look at reality head on in this way. Which is unfortunate, because it is really the only way forward. This way forward is not the neocon wet dream of a free and unfettered economy getting stroked off by a non-existent “invisible hand.” Sorry guys - for things to work, a strong and strategically-minded central control of business by regulatory authorities who truly possess long-term vision and muscular nationalistic convictions is absolutely necessary. Don’t get me wrong here: it isn't the kum-bah-yah let's all hold hands and wish for free stuff hippie-dippie Obaamaphone vision of leftist central control I’m talking here. That's not what I mean by central control, not in the slightest.

I know all this its a lot to wrap your head around, because since the day you have been born, your media and your schools have made it job number one to ensure that you DON'T figure the truth out. They have split the goodies between left and right so its is almost impossible to grasp what needs to be taken from each side (a few glimmering treasures) and what must be scrapped (most of the rest of the bullshit).

So with that as a backdrop, let’s get down to the freaking brass tacks, shall we?.

I could go on about this stuff all day, and it really is fascinating on every level from the historical to the philosophical, but I’ll try to keep it short and sweet. The nub of the argument is this: The central banks tell you that interest rate manipulation is how the big dawgs pull the levers, but this is a smoke-screen that means jack shit. What really gets shit done is CREDIT CREATION and THE PROPER DIRECTION OF CREDIT FLOWS. In other words, how much money gets made, how of much gets borrowed by who, and how closely they follow the strategic plan to deploy their credit FOR THE GOOD OF THEIR NATION. Ponder it well. Because if you understand this, you understand how the world works when it does, and why it fails when these factors are lacking.

When those functions above are running smoothly in a nation – any nation – that nation flourishes. It gets rich. Its citizens are stably employed, and thus feel stable. Psychologically, they are on solid ground rather than scrambling for basic survival. They feel proud of their nation, and patriotism increases. Culture becomes masculine and muscular, not effeminate, decadent, and maggoty with faggotry. Traditional values are celebrated. Because long-term thinking takes place, people feel more confident about long-term employment prospects, and this more confident about starting families and seeing them through. Thre is a renewed interest in traditional faith, traditional values, traditional culture. Art becomes about beauty again, rather than irony and pornography. Great books get written, new lands are explored, and a flood of innovation is released. All of these factors create positive feedback loops, allowing more money to flow in beneficial directions under the stewardship of effective central authorities.

Sounds too good to be true, doesn’t it? Don’t take my word for it: These were the conditions in England during the height of the British Empire; in the US during its peak years in the 20th century, in Japan up until the the bubble blew up in 1992. In all these cases, and many others in history, you had an aware ness of the importance of credit creation flowing in the right way for the long-term good.

This is the theory. But how to achieve it? Through proper incentives, my friends. Incentives are the carrots and sticks that get stuff done. In this post, I’ve told you a bit about the “why.” In the next post, we’ll look at the “how.”

Last Edited by Codlike Eruptions on 01/30/2013 02:05 PM
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Codlike Eruptions (OP)

User ID: 33336449
Japan
01/30/2013 01:27 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
So let’s take a deep breath and see what we’ve learned in the last post. The so-called invisible hand of capitalism is bullshit, more like the emperor’s new clothes, another supposedly-priceless invisible item nobody could see because it wasn’t really there. Socialism, too, is bullshit, because it rewards the weak, punishes the strong, and is rooted in a dimwitted feelgood fantasy about what life might be like if we were all gay rainbow-striped unicorns living on puffy clouds rather than savage carnivorous apes. But both of these flawed ideologies contain important truths, and when we mix and match them in just the right way, amazing things can and do happen.

So how do we achieve these lofty goals? If you really want a sound, functioning economy and society, you have to tinker with the INCENTIVES that give rise to different types of human behavior. First RESTRCT the power of the investors, and reduce the amount of money they can withdraw from the companies. Companies remain profit-oriented – indeed, more ruthlessly so than ever – but the profits are not skimmed off by the stock holders: they are ploughed back into the company. This re-invested money goes to research and development and other improvements that make the company an even stronger money-making engine, which gives you even more moeny for improvements, and so on. Investors get rewards for investing- just not obscene ones.

Secondly, we INCENTIVIZE the managerial layers of the company by giving raises (more money) and more power to managers who achieve growth. This creates an incentive for managers to hire more people to work under them, boosting their ability to achieve growth and results. When this is done on a society-wide level, you enter a spiral of increasing hiring rather than increasing firing. This begins to lay the foundations for lifetime employment – or at least long-term employment. Long-term employment encourages long-term thinking about everything from corporate strategy to settling down and starting a stable family, to the good of the nation as a whole. It is the EXACT OPPOSITE of the current ultra-short-term thinking where everyone is looking to get in, plunder as much as they can, an then get out as quickly as possible. And we see around us today the results on every miserable level, from “live for today” hedonism and instant gratification to companies with cultures of deceit and “making a quick buck.”

Dare to imagine the opposite. It’s not a pipe dream….we once really had it! Ask your granddad.

Lastly, the Central Banks need to drop their obsession with merely cranking up and down the interest rates, and start to allocate capital flows towards sectors in which they will be most effective. This is the trickiest part, and I fully admit there are potentials for errors here. But imagine if in, say, 2004 or so, the US Federal Reserve had reduced the amount of credit available to the real estate sector and started directing credit flows to, say, next-generation manufacturing. The real-estate bubble would have been nipped in the bud before it got too frothy and out-of-hand, and money would have gone to building competitive high-tech manufacturing plants that could employ Americans making real things of real value rather than outsourcing the production of shoddy plastic crap to Chinese “free trade” slave-labor zones. Suddenly the old invisible hand looks a lot less attractive, doesn’t it?

The final point I want to leave you with today is: ”WHY”?” Why do we persist in the broken left-right Punch-and-Judy show of Neoclassical Economics when we se failure after failure after failure: Ruined economies, gutted cities, debased and debauched cultures, shattered families and societies? Why do we let this happen? Because the current status quo doesn’t want us to put two together. They are having too much time sucking the lifeblood out of dying cultures and economies and are terrified we will learn to take the best of the left and combine it with the best of the right. But these people are not invincible. They are not gods. All it takes is for us to stand up and say, “NO MORE.” All it takes is for us to say “Neoclassical economics is wrong, no matter what they teach you at Harvard and Yale.”

Not too long ago, Iceland did just that. They refused to follow the Neoclassical script of “austerity” and “restructuring.”: They stood up and simply said, “Sorry, you guys have been wrong again and again and again. No more. Not in our country. Not with our money. Not with our families and cultures:”



And now look who is growing at a blistering pace and making money hand over fist while those who “are playing by the rules” only get poorer and more and more miserable?

If little Iceland can throw off these shackles, how much more so the world’s top-self Economies? Come on America, come on Japan, Come on Eurozone…let’s think outside the box…before we find ourselves in a bad remake of Boxing Helena.

Thank you for considering these ideas, GLP.. It is all I ask.

Last Edited by Codlike Eruptions on 01/30/2013 02:20 PM
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Crazy Harriet

User ID: 16501830
United States
01/30/2013 01:48 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Thanks for putting it out there. Should make a video, many people are visual learners, many learn by hearing, far fewer can learn by reading alone.

five stars
There’s no appetite for anything originating from government or media these days. The always-passive moral majority has gone through the denial, anger, bargaining and depression and has accepted the truth. They are all incredulously amused with the fairytales emanating from the puppeteers’ stagehands…. They are waiting for a trigger event; living life with baited breath, praying for the lights to go out.
Ophiuchus, 04/16/14 (don't know the guy but he got it.)
Anonymous Coward
User ID: 12642555
United States
01/30/2013 01:54 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
well put, can i borrow some cash ?
Raymantheheretic

User ID: 29634752
United States
01/30/2013 03:36 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
I'm short on time and read only bits and pieces but ...

Wow! How do we get someone like you to be in charge?

5*
Anonymous Coward
User ID: 33363300
Japan
01/30/2013 09:29 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
bump
Anonymous Coward
User ID: 33729557
Japan
02/05/2013 10:22 AM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Shameless self-bump because this is, IMPHO, one of the best pieces of writing I've ever managed to cobble together and although all the ideas here can be found on dusty old library shelves, it has been a while since anyone pit them together,, or at least in a way that's remotely relevant. I want to build some equipment with these first few posts: Eqipment that I hope helps us all make senseless of the INSANITY that is headed out way in 2013/\

To do this, I am obligated first to answer: Who am I? Relatively speaking I', a nobody in financial/investing business for himself, a grubby little street-urchin with his snot-nosed face mashed at the window where the big dawgs like Rockefeller, Goldman, and Rothchild keep the tasty cakes for us to look at and drool over. I am in Japam because I think it will ne one of the most important places to ne in 2013 (I am talkimg capital flows: Not Fukushima, as unsettling as that ball of wax is).

Let’s, then, cut the bovine fecal matter and let it all hand out: Am I “rich?” I have enough to set myself ups as a global investor with an office and visa sponsorship here in Tokyo, but from the perspective of a bona-fide “playa” I have the kind of net worth a true Goldan Sachs superstar pronanly scrapes off his shoe-soles each day on the way to work. each morning. And yet, it’s a measure of how fucked the world is if I chose to, I could right not go by a smallish 2-story lake fishing shack in Vermont, spend my days fishing, writing self-indulgent stuff like this, and still have enough to show a girl a good tikme every now and them, Again. not bragging…just situationg muself, as all who write abour money mist do as part of the job descriptions.

Where does my info come from? I’d say the following 4 main biggies, in no particular orders, plus lots or reading, skyping, amd buying whisky to loosen the tongues of people in suits in Tokow.

Main source 1: Reading ad wrestling with long-forgotten volumes om non-neoclassical yet non-communist capitalist and financial theory. There are plenty of thinkers who worked alomg tjey just went out of fashion around 1945 and never made it back. You gotta literally blow some SEROIOUS dust from these stacks. These ideas simply have not been popular for decades., partly due to the fact that the people who made them popular temded to ne om the losing sides of World Wars I amd II. Germans and Japamnese economists, for the most part. Here, perhaps, we tiptoe through a certain amount of controversy. If a nation kills six million innocent civilivlions, does make every aspect of it a economya prori evil as well? I would say know. Others are siimly made nervous by the question – a big part of the reason these ideas “just happened” to go out of fashion around that time. But to me it’s a question that must be asked and answered boldy. Anything else is intellectual cowardice, if I may speak bluntly, and I am happy my own anwwer, if I ,mau speak bluntly. But I know it is not the only possible comclusopn. And youi one you need to answer for yourself.

Main Source 2: “The Executive”. This stunningly ravishing cougar-licious example of feminine pulchritude and business acumen (remember- this is GLP you are reading here, not Fortune Mag, o my prudes and prudettes) is a Canadian upper management megarsar. Why she even gives me the time of day is beuond me. Must me my boyish cham and her not-very-well-comceiled admiration for Veronica (the name of my motorcycle) She seems to have me pegged as an entertaining but harmless tifoil had nutjob who will buy rounds for rather than beg rounds from her power-suit wing-girls, and she servers a vital role: Bringing me down to earth with mainstream finance ideas, whenever I start to drift off towards Nibiru or LaRoche country. A valuable resource for how the intelligent yet “non-attuned” reader might receive my theriroeies.

Main Source 3: “The expat”:
This is a charming, witty, but slightlu shady character who is rather deeply involved in another not-to-be-named conspiracy message board; he made his name as an international businessman outsider much like myself but and is now more or less semi-retired. These days he’s bankrolling some pro-firearm-freedom lobbimg efforts and puttering around which I can only describe as his “north-country survivalist Disneyland” for a dozen or so. If you read some of the other famous comsporicy boards there is a good chamce you’ve rum imto his nake least. Like he’s afflicted my insomnia amd we’ve .had more late night “what does it all mean?” comverstations. He’s the one who turned me onto alternative capitalist models in the firest place, and says these days he’s only into “. .ammo but not arms, commoditie, and precious metals.” The expat, for all his charm and wit, has spend some time in a federal prison before, which makes his input worh taking into condifereatio. Nit on the plus side, he’s he’s also as one of those brilliant self-taught guys who manages to ne overflowing with into without bering the least nit annoying about it.

Main Source 4: ”The Uncle” I know that an n “unclr# is GLP slang for am imcomvefirmr “deep chammer background source too sensitive to say more, man,” anf in the sprit og GLP, you gotta allow me at least one uncle who kmows everything -- including when to take the tomato plants in. So be forward. You might start to hear from my uncle if S REALLLY starts to HTF.


IM the next main session I’d like to explore the much-comed-over “Japanese bubble” from a new perspective bnecause its it classic bubble and I think, the more more I go over my notes here, it has a lot more to trell us anout anouit wjat(s coming down the pike in 2012.

So keep yer socks dry amd stay cozy. Its almost 12:30 AM wich means I’m going to head out my favorite private member’s hostess club in Nishi-Azabu and forget the world exists as we sing cheesy J-pop tunes with impossibly tannned young beauties. Stay frosty…cool nerves are going to in heavy deamad as 2013 unfolds, my friends.
Codlike Eruptions (OP)

User ID: 33729557
Japan
02/05/2013 10:31 AM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Shameless self-bump because this is, IMPHO, one of the best pieces of writing I've ever managed to cobble together and although all the ideas here can be found on dusty old library shelves, it has been a while since anyone pit them together,, or at least in a way that's remotely relevant. I want to build some equipment with these first few posts: Eqipment that I hope helps us all make sense of the senseless INSANITY that is headed our way in 2013.

To do this, I am obligated first to answer: Who am I? Relatively speaking I', a nobody in financial/investing business for himself, a grubby little street-urchin with his snot-nosed face mashed at the window where the big dawgs like Rockefeller, Goldman, and Rothchild keep the tasty cakes for us to look at and drool over. I am in Japam because I think it will ne one of the most important places to ne in 2013 (I am talkimg capital flows: Not Fukushima, as unsettling as that ball of wax is).

Let’s, then, cut the bovine fecal matter and let it all hang out: Am I “rich?” I have enough to set myself ups as a global investor with an office and visa sponsorship here in Tokyo, but from the perspective of a bona-fide “playa” I have the kind of net worth a true Goldan Sachs superstar pronanly scrapes off his shoe-soles each day on the way to work. And yet, it’s a measure of how fucked the world is if I chose to, I could right not go by a smallish 2-story lake fishing shack in Vermont, spend my days fishing, writing self-indulgent stuff like this, and still have enough to show a girl a good tikme every now and then. Again, not braggi...just situationg muself, as all who write abour money must do as part of the job description.

Where does my info come from? I’d say the following 4 main biggies, in no particular orders, plus lots or reading, skyping, amd buying whisky to loosen the tongues of people in suits in Tokyo.

Main source 1: Reading ad wrestling with long-forgotten volumes on non-neoclassical yet non-communist capitalist and financial theory. There are plenty of thinkers who worked alomg these lines...just went out of fashion around 1945 and never made it back to trendiness. You gotta literally blow some SEROIOUS dust from these stacks. These ideas simply have not been popular for decades., partly due to the fact that the people who made them popular temded to ne om the losing sides of World Wars I amd II. Germans and Japamnese economists, for the most part. Here, perhaps, we tiptoe through a certain amount of controversy. If a nation kills six million innocent civilivlions, does make every aspect of it's a economy a prori evil as well? I would say "no.". If Hitler coud invent the Volkswagen and hippies could transform it into a planetwide symbol of groovy pracificsm, I'd say that says a lot abot the flexiblity and practical nature of this ole human rance of others.

Others are made more nervous by the question – a big part of the reason these ideas “just happened” to go out of fashion around that time. But to me it’s a question that must be asked and answered boldy. Anything else is intellectual cowardice, if I may speak bluntly, and I am happy my own anwswer, if I may speak bluntly again. But I know it is not the only possible comclusopn. And im the ened it is one you will to comfront bravely and answer for yourself.

Main Source 2: “The Executive”. This stunningly ravishing cougar-licious example of feminine pulchritude and business acumen (remember- this is GLP you are reading here, not Fortune Mag, o my prudes and prudettes) is a Canadian upper management megarsar. Why she even gives me the time of day is beuond me. Must me my boyish cham and her not-very-well-comceiled admiration for Veronica (the name of my motorcycle) She seems to have me pegged as an entertaining but harmless tifoil had nutjob who will buy rounds for rather than beg rounds from her power-suit wing-girls, and she servers a vital role: Bringing me down to earth with mainstream finance ideas, whenever I start to drift off towards Nibiru or LaRoche country. A valuable resource for how the intelligent yet “non-attuned” reader might receive my theriroeies.

Main Source 3: “The expat”: This is a charming, witty, but slightly shady character who is rather deeply involved in another not-to-be-named conspiracy message board; he made his name as an international businessman outsider much like myself but and is now more or less semi-retired. These days he’s bankrolling some pro-firearm-freedom lobbyimg efforts and puttering around which I can only describe as his “north-country survivalist Disneyland” for a dozen or so. If you read some of the other famous comsporicy boards there is a good chamce you’ve rum imto his moniker, at least. Like me, he’s afflicted by a partucularly nasty case of chromic insomnia amd we’ve had a number of late night “what does it all mean?” comverstations. He’s the one who turned me onto alternative capitalist models in the firest place, and says these days he’s only into “ammo but not arms, commodities, and precious metals.” The expat, for all his charm and wit, has spend some time in a federal prison before, which makes his input worh taking with a grain of salt. But on the plus side, he’s he’s also as one of those brilliant self-taught guys who manages to ne overflowing with fantastic info without bering the least nit annoying about it.

Main Source 4: ”The Uncle” I know that an n “unclr# is GLP slang for am imcomvefirmr “deep chammer background source too sensitive to say more, man,” anf in the sprit og GLP, you gotta allow me at least one uncle who kmows everything -- including when to take the tomato plants in. So be forward. You might start to hear from my uncle if S REALLLY starts to HTF.


IM the next main session I’d like to explore the much-comed-over “Japanese bubble” from a new perspective bnecause its it classic bubble and I think, the more more I go over my notes here, it has a lot more to trell us anout anouit wjat(s coming down the pike in 2012.

So keep yer socks dry amd stay cozy. Its almost 12:30 AM wich means I’m going to head out my favorite private member’s hostess club in Nishi-Azabu and forget the world exists as we sing cheesy J-pop tunes with impossibly tannned young beauties. Stay frosty…cool nerves are going to in heavy deamad as 2013 unfolds, my friends.

Last Edited by Codlike Eruptions on 02/05/2013 11:36 AM
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Anonymous Coward
User ID: 13801321
United States
02/05/2013 10:32 AM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
You really do have something here. I'm printing it for further reference and discussion with my spouse.

Thanks!
Anonymous Coward
User ID: 33210606
United States
02/05/2013 11:19 AM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Bravo! Great posts. Especially like your link between strategic credit policy and the quality, long term oriented society it fosters.
Request: in this thread or a new one, please present some strategies for the quality oriented individual to thrive or at least get by as well as possible in societies where none of the attitudes and policies you advocate are respected! In decadent, inverted, trashed cultures lacking effective values. In economies and societies on a self destructive, crapped out trajectory! There are ways to profit, live well, and foster quality on a personal level (or at least optimize a bad situation), no? Thanks in advance.
Anonymous Coward
User ID: 33739162
Japan
02/05/2013 12:54 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Thank you OP for this thread.(i am your "expat"source mentioned above)...thibk I know roughly where yoiare headed with this and why you give so much emphasis on JapamHave you read the "Princes of the Yen?" " If not you should.

Where to begin... The old German-pursssian model was abouy "mobilizationl" for war or extreme Econ competition. ("Autarlky") In other works, people with few resources being as Efficient as possible. Note that Prussia ia low resources, just like japan, plus culture of extreme (fanatical?) discipline. The act of obedience itself takes on an almost mystical aspect. This is not a coincidence: it is a away of a achieving excellentce with a low-resource nation. It is no surprise that after careful study of all European systems Jampan picked the Prussian scarcity economy. The Neoclasical Mode of the US and UK empire (both resource-rich, endless w pansion¥ would have destroyed japan and must have seemed insane to them.

After WWII Japanese academics realized this model has been tainted by defeat so on paper they accepted the "invisible hands" endless growth and expansion model. In practice, they simply ignored it and went on doing things the old wau. Ha-ja. Nobody asked questions for three reasons 1) westernera smart enough to know what was gooing on colluded in the deception because they understood the reality. 2) the west didn't really fully mind a"war footing" Prissian-econ style Japan because of the cold war amd the Korean war. Japansae universities simultaneously taught "invisible hand" Theory and made sire their students understand if was all a lie. Such doublethink is common in Japanese history: Allow the patently ridiculous system to be paid face value buy actually ignored in reality. 3) Any western "true believers" in invisible hand cornucopian ideolofh were usually stupid enough to be given a snow job, frankly speaking. The difficulty of the Japanese language was a great defense in this amd similar problems.

The west has has thus had such a poor understanding of what is going on in Japan because they didn't realize the old Persian war model was STILL GOING STRONG as laste as in the 1908s! This was the Japanese miracle: mercantism, low consumerism through demonization of undisciplined waste/strict restrictions on imports.

Mercantam as triumph: The west was trying to understand it as some kind of hyper-invisible-hand deregulation Chicago School success story, when nothing was further from the truth. It's actually one of modern history's funniest and most longstanding communication gaffes, if you stop to taugh at it.

One of my biggest fears about the future of Japanon 2013 is that that last of the old-school Prissan-style leaders will die off and the new ones who went to Hadvard Busibess School and watched "Sex and yhe City" or "Lagina Neaxh"l have flinally drank the "open borders/diversify" cool aide. They will start to take it at face value and be mentally overcome at last. Of this happens Japan will turn info something very much like reaourceless North Korea with the well-meaning neoliberal intelligencia scratching their heads wondering "what when went wrong"....I fear their aren't enough of the old-school types to prevent some kind of monstrdous betrayal brought about by goofy optimism and sheltered lives lacking that old stoic/samurai/prussian/ ethos...ethos of self-denial..aelf-indulgence, narcissism, internal weakness, amd rot brought to Itoi by Hollywood of course (motto:"We've trashed the west, not its time for the rest..."
Anonymous Coward
User ID: 33739162
Japan
02/05/2013 01:10 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Apologies for the atrocious spelling above; something is wrong with my phone.. Letters are changing after i press submit. ahhh
Codlike Eruptions (OP)

User ID: 33743323
Japan
02/05/2013 01:33 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.

Thanks for all the postivie feeback, its gratifying. This is helpig me organze a bunch of differet points that should be broight togehter so thanks for any requests, suggestions, etc.

Bravo! Great posts. Especially like your link between strategic credit policy and the quality, long term oriented society it fosters.
Request: in this thread or a new one, please present some strategies for the quality oriented individual to thrive or at least get by as well as possible in societies where none of the attitudes and policies you advocate are respected! In decadent, inverted, trashed cultures lacking effective values. In economies and societies on a self destructive, crapped out trajectory! There are ways to profit, live well, and foster quality on a personal level (or at least optimize a bad situation), no? Thanks in advance.
 Quoting: Anonymous Coward 33210606


This is the sixty-four quadrillion question isn't it? Maybe we can all do some brainstorming on this.

Some of you on this board have essentially given up on society and focus on bug outs, survivalism, small communities, wilderness life, etc. Those conversations need to be had but I'm not convinced it’s too late yet, personally. Call me a dreamer but I think society can still turn itself around. History seems to move in waves and not straight lines and I have a lot of hoe that the decadence is not a straight drop into the void but will be met with a revival of decency, tradition, etc.

This is where ST (the poster I am calling the "expat" who put out a great post a few above this one) disagrees. He's basically all but moved off into his escape zone and adopted radical detachment. Number one, that's not viable for most of us, even the "relatively well off," unless they have specialized skills. Number two, sorry ST bit it strikes me almost as sociopathic or at least amoral in a way I'm just not comfortable with. We've had this talk before and maybe it will come down to different ways for different people, but I have always seen myself as a MEMBER OF SOCETY and this separates us from "TPTB"* they think they are ubermench who will be chuckling on the balconies watching the cities burn. There is something fundamentally wrong with that way of relating to society. I want to be in the burning cities passing buckets to put out the fires until I collapse from exhaustion simply because "It’s the right thing to do."


So from my vantage point one thing we can do is educate people about alternative forms of capitalism like in the original post of this thread and to brainstorm together on how we can make the changes effectively, efficiently, and realistically. I like working with alternative capitalism rather than socialism/communism because it seems "backwards compatible.": We can use what we have now, no revolution or crazy new structures or government organs are called for. Some institutions might grow or shrink but basically this is simple, powerful stuff we can do without torches and pitchforks…without excessive violence to people, things, or institutions. And the changes start out economic but have powerful LONG TERM CULTUREAL BENEFIRTS which seems like case for real hope.

Let' keep thinking on these lines. In the mean time I want to address a few points in ST'S thread above.

Last Edited by Codlike Eruptions on 02/05/2013 01:46 PM
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Codlike Eruptions (OP)

User ID: 33743323
Japan
02/05/2013 02:37 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Thank you OP for this thread...[snip]
 Quoting: Anonymous Coward 33739162


I cut most of your post but I want to respond it all as a whole, as a thouht experiment.

You seem to root Both Japan and Prussia’s culture to a great degree in resource scarcity. People had historically a hard time surviving, so there isn’t much room for error, and they thus develop strict hierarchies and ways of life in order to cope with scarcity and a hard life(and even transcend its disadvantages and find “greatness”—your word), which is in turn reflected over hundreds of years by the “flavor” of these cultures.

I admit it seems very plausible…and yet there is the stink of the “politically incorrect” about this argument, bcause you are basically saying man is a prisoner of his initial conditions, which shape everything from the family and the culture, and you are denying manYS anility to adpopt to all sorts of new conditions. After all, life in both Japan and Prussia is much easier than man in even lush and fertile lanfs could dream say, 5000 years ago.

So might it be a mistake to over-value these ancient ways? Are they really so necessary to preserve, and it is it really a such a tragedy if Japan were to open to a new type of econoy?

Let it be stressed I am not arguing this point…this is a much more progressive point than I am comfortable…but you are such a bitter old stick in the mud and you seem to place nearly mystical importance on maintaining stoic/spartain ways of being, so I am curious how you would answer…
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Codlike Eruptions (OP)

User ID: 33743323
Japan
02/05/2013 03:42 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
[mistgake

Last Edited by Codlike Eruptions on 02/05/2013 03:43 PM
And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Codlike Eruptions (OP)

User ID: 33743323
Japan
02/05/2013 03:43 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
[mistake]
 Quoting: Codlike Eruptions

And the road becomes my bride
I have stripped of all but pride
So in her I do confide
And she keeps me satisfied
Gives me all I need
Anonymous Coward
User ID: 33743323
Japan
02/05/2013 03:44 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Thank you OP for this thread...[snip]
 Quoting: Anonymous Coward 33739162


I cut most of your post but I want to respond it all as a whole, as a thouht experiment.

You seem to root Both Japan and Prussia’s culture to a great degree in resource scarcity. People had historically a hard time surviving, so there isn’t much room for error, and they thus develop strict hierarchies and ways of life in order to cope with scarcity and a hard life(and even transcend its disadvantages and find “greatness”—your word), which is in turn reflected over hundreds of years by the “flavor” of these cultures.

I admit it seems very plausible…and yet there is the stink of the “politically incorrect” about this argument, because you are basically saying man is a prisoner of his initial conditions, which shape everything from the family and the culture, and you are denying man’s abiloy to adopt to all sorts of new conditions. After all, life in both Japan and Prussia is much easier than man in even lush and fertile lands could dream say, 5000 years ago

So might it be a mistake to over-value these ancient ways? Are they really so necessary to preserve, and it is it really a such a tragedy if Japan were to open to a new type of econoy?

Let it be stressed I am not arguing this point…this is a much more progressive point than I am comfortable…but you are such a bitter old stick in the mud and you seem to place nearly mystical importance on maintaining stoic/Spartan ways of being, so I am curious how you would answer…
 Quoting: Codlike Eruptions

Let us begin with an analog. Suppose your mom had dozens of Coca-Cola bottles in her kitchen but only a single thin-walled glass wine carafe her great-grand-father blew by hand 70 years ago. If one of the coke bottles breaks, others exactly like it continue to exist and a virtually identical replacement can be procured easily. If the glass carafe breaks, however, it can only be replaced with great difficulty and expense suing special skills and tools, or perhaps not at all. The carafe is not only less reproducible: it is rarer, and there are few of them in the world relative to the coke bottles. The carafe also possesses subjective qualities such as color, texture, a complex association or memories, and so on, that are likely to make it more beautiful than a normal coke bottle. Last but not least, it may even have a utilitarian value that makes it more efficient for carrying and storing wine and or water. If a sudden need to do these things arouse undexpetedly, could the coke bottles works as well

I would argue that cultural destructions present similar—and actually more difficult to resolve—issues; Vanished cultures are even more difficult to replace than a broken carafe, as each culture is unique; their beauty is of a higher, multidimensional odder; and cultures, like carafes, arise in responses to actual needs. The end of a shattered carafe (or culture) does not necessarily signal the end of its need, either, New replacements for old needs are seldom satisfactory. When a man from an indigenous culltyre trades a cape he made faeather-by-fetather for an $8 Bart Stimpson T-Shit, few will fail to see the sadness of this sate of affairs. When a community in Japan abadnnds ad 700-year-old tradition of scouring a nearby cliff for possibly lose rocks that could fal in an earthquake, a danger that would have been removed remains, and within a generation or to the same danger may even be totally forgotten.

Clearly cultures, like other things, are easier to destroy than to create, and it is easier to replace the local, which has developed over much time in and for a specific place, with the with the global, which may be “convenient” but erase the sense of uniqueness of a place. Since such substitutions can be applied quickly but often irreversibly, they require great deliberation—which they rarely get.

And what could be more heartbreaking that to see a specific case like Japan (which once prided itself on being a sakoku, or “country closed to the world”) finally capitulate to a global economic order after centuries of propaganda attempting to prove their fears baseless—just in time only to watch theur lifestyles drop off a cliff, and this time without recourse to longstanding and time-honored safety measures jettisoned as last by foolishly idealistic “forward-thinking global-minded progressives.”
Anonymous Coward
User ID: 33743323
Japan
02/05/2013 03:44 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
mistake sorry
Anonymous Coward
User ID: 33743323
Japan
02/05/2013 03:45 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
mistkae sorry
Anonymous Coward
User ID: 33684805
United Kingdom
02/05/2013 03:53 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
General public couldnt give a shit about capitalism, communism or fascism because most dont even understand what they are. Thats the fact. What people do care is about is being comfortable, having TV to watch and electricity to boil the kettle and medicine for their kids, thats the truth of the matter. Take any of that away and you will have an uprising.

Lets consider the facts about what is goig to happen.

In england it costs about 5 pence to make a five, ten, twenty ot fifty pound note. Soon, when the bomd bubble bursts, the coppers in peoples pockets will be worth more than their notes.

People will need a wheelbarrow of notes to buy a loaf of bread.

Thats the truth of whats comming down the tunnel.

Most dont understand or see this comming because they have no idea that notes used to be backed by gold and now they are worthless.

Whenthe gold standard was scrapped the bankers took power. And since that day they have been consolidating power by buying up mega corporations.

Listen, when the gold standard went that was when they stole the wests gold. People should have gone to the bank and took their gold out before the gold standard was scrapped and then the banks wouldnt have been able to steal it.

Now we have no money.

Thats what happened in the west. The gold standard meant that the gold that the people had put into the banks many years ago was stolen. The government gae the banks the peoples gold and it wasnt theirs to give. That my freind is theft, plain and simple.
Anonymous Coward
User ID: 9952754
United States
02/05/2013 05:46 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Re: What to do?

"This is the sixty-four quadrillion question isn't it? Maybe we can all do some brainstorming on this.

Some of you on this board have essentially given up on society and focus on bug outs, survivalism, small communities, wilderness life, etc. Those conversations need to be had but I'm not convinced it’s too late yet, personally. Call me a dreamer but I think society can still turn itself around. History seems to move in waves and not straight lines and I have a lot of hope that the decadence is not a straight drop into the void but will be met with a revival of decency, tradition, etc."


I think there are cycles to much of this. But whether the cycle lengths may be decades or hundreds of years? Still I do find some peace in the idea that much of what people believe to be one-way "evolution", "progress", or "development" is nothing more than a social wave cycle they are too myopic, brainwashed, or stupid to understand, and that they would be horrified to know that the decadent, debased, relativistic, craven, or just pain crappy values and fashions they place so much faith in will become replaced in turn by traditional values one day

"This is where ST (the poster I am calling the "expat" who put out a great post a few above this one) disagrees. He's basically all but moved off into his escape zone and adopted radical detachment. Number one, that's not viable for most of us, even the "relatively well off," unless they have specialized skills. Number two, sorry ST bit it strikes me almost as sociopathic or at least amoral in a way I'm just not comfortable with. We've had this talk before and maybe it will come down to different ways for different people, but I have always seen myself as a MEMBER OF SOCETY and this separates us from "TPTB"* they think they are ubermench who will be chuckling on the balconies watching the cities burn. There is something fundamentally wrong with that way of relating to society. I want to be in the burning cities passing buckets to put out the fires until I collapse from exhaustion simply because "It’s the right thing to do." "


There are some middle grounds. You can disengage from various activities, beliefs and myths while still having quality friendships with people who have bought into various b&&%sh*t. If you can stomach keeping your views to yourself when you know they will do nothing but create pointless strife. When to speak out and offer an opinion and when to just let it slide and adopt a neutral, politically disinterested stance in order to focus on other aspects of community building and friendships... Like leading by example in terms of integrity, truthfulness, dependability, good taste, etc. That's a call each of us has to make for ourselves.
Each of us has got to decide what we personally want to accomplish or experience in life and how to accomplish that within some often sub-optimal contexts, let's say.
Like those Japanese you discuss who gave sufficient lip service to the neoclassical economic theory of the invisible hand etc. while knowing in their own minds a different economic science.
There's a practicality and a balance.
As for profiting, when economic manipulation and imbalance are rampant and mass delusions reign, that's potentially a very lucrative environment for the application of the contrarian investing with regard to the dominant mass psychology. Which is largely driven by conventional investments and investment wisdom as promulgated by the mass media. Application of basic contrarian investing, mass psychology, and savvy fundamental analysis combined with an understanding of real returns and real inflation versus bogus statistics... I think that's key.
Just wanted to offer some of my perspectives for what it's worth. That's about all I've got to say.
Not trying to sidetrack this thread, let's hear more about the main topics you're addressing, in particular with your experiences in Japanese culture and your research from earlier economic theories and histories which have fallen (or been thrown) out of fashion!
Hard Eight

User ID: 8668963
United States
02/05/2013 06:43 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
Lastly, the Central Banks need to drop their obsession with merely cranking up and down the interest rates, and start to allocate capital flows towards sectors in which they will be most effective.

Obviously you put a lot of thought into this OP but no way can I agree with the above.
The Central Banks (central government, central committee) will be controlled by the greedy, power hungry and generally most despicable scum of the planet-politicians. Capital allocation is best left to "the market" IMO. Great thought provoking post. Example-Solyndra and the half-billion cost to taxpayers. Where were our angelic capital allocators? Private capital wouldn't touch it with a 10 foot pole without government skim, payola and kick-backs.

Last Edited by Hard Eight on 02/05/2013 06:49 PM
Texas has yet to learn submission to any oppression, come from what source it may.
Sam Houston

"The beauty of the Second Amendment is that it will not be needed until they try to take it."
Thomas Jefferson
Anonymous Coward
User ID: 32478829
United States
02/05/2013 07:02 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
1. Create bubbles

2. Pop the bubble

3. Scoop up assets at very low prices


Go from one country to the next doing this.


When the time is right......crash the worldwide fiat currency system based on the dollar.


GOAL: destroy the world's current system of nation-states; impoverish individuals and greatly reduce their freedom.
beeches

User ID: 28167778
United States
02/05/2013 07:32 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
one of the rare and delightful threads in which the power of the replies amplifies and extends the great original post- thanks OP.

Not sure if I agree with taking the baggage from the left along.

One poster called your life a sort of isolated emigration.

I was a temporary ex-pat for a while in Germany.

A decade.

When you return to your own culture, it is seen with a much more critical eye, but over time, you see the value of where you grew up.

Lots of places in America to become lost in - thank goodness.

The stance of being "in the world" but not responding to it with your true thoughts ( kind of what one poster discussed) is what
Germans called "inner immigration". It is how decent people survived Hitler without moving away.

they detached, let their family and friends see them as supporters or neutral, but secretly were enemies of the regime.

Sounds a lot like today in America for me.
A New Year, A New Chance
beeches

User ID: 28167778
United States
02/05/2013 07:35 PM

Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
5 for you.
A New Year, A New Chance
Anonymous Coward
User ID: 33743513
United States
02/05/2013 10:16 PM
Report Abusive Post
Report Copyright Violation
Re: Let me tell you a few home truths about the global economy, on the off chance that anyone is paying attention.
I am glad I'm not the only person who has figured this out (I didn't really think so, but sometimes...)

News