Thursday, November 27, 2008

musing


Woolworths and MFI go bust on the same day. Mad allahs go on the rampage in Mumbai deliberately targeting UK and US citizens. What's going on?

Gold and silver look like they are starting their staggering climb as money floods out of equities and into real cash.

Suddenly in the US and Europe the suburbs are beginning to die, their shops dying, their businesses collapsing and the social fabric, once held together by the glue of rising house prices, easy credit, conspicuous consumption and cultural marxism, falling apart quicker than one can document it.

And this is only the beginning. But is it the REAL beginning? Has the 'economic' crisis cloaked the real crisis that we all know is coming. We expected the end of consumerism and easy living (socialism) to be heralded by oil shortages and/or terrible climatic disasters. But the economy, in all its subtlety and cold-bloodedness, is calling the first shots, the 'externalities' ignored by your middle class shits manifesting themselves like this (looming depression) rather than through the glamour of fist fights on the forecourts or hurricanes in the home counties. They are coming, it's just we'll be more shabbily dressed than I was expecting ...
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