A Reason to be Optimistic
While confronting the fact that we are in a terrible downward spiral with a major Sovereign Debt Crisis which cannot be prevented because we are plagued by total corruption in government, the ray of hope comes from these profound events I call a Crash & Burn. They are as Schumpeter described, waves of Creative Destruction.
It is wrong to WISH disaster upon society, and another to be practical and understand that these waves of tumultuous economic events is how society functions. It is the brush fire of the vanities that renews the forest.
There is a reason to be optimistic and this is the entire reason I am doing thisSolutions Conference this weekend on Saturday. I just did an interview with a leading Germany economic newspaper on the Solution. At first the discussion was about pessimism v optimism. When I was done explaining the process, the light went off and he said OMG, this is really revolutionary.
We have an opportunity here to take that next step for mankind. It is a big step in our economic evolutionary process, but if we take it, a major realignment will unfold before our eyes and the ramifications will be far-reaching to say the least. Those attending live or the live stream event will eventually receive this report. It will be published in a book format latter and we are also preparing this as a bill to be introduced on Capitol Hill. The Live Stream will be available for people to watch after the event as well. Eventually this will be produced on a DVD.
What is amazing has been that the amount of people signed up to view this event are in the thousands worldwide. Hopefully we can reach a critical mass to start a serious review and debate. I now have invitations from THREE European Universities to appear.
So just maybe we can make a difference and that is reason to be optimistic that we can save the future by drawing upon the lessons of the past. If we just try hard enough to push back against this wave of tyranny and authoritative insanity hopefully we can leave behind a world that is not so horrible for our posterity.
Learning to Love
In studying the origin of pensions, it all traced back to the marriage contract. What jumps out at you in this research we are soon to publish, is also at odds with the whole Hollywood idea of “love” that was perhaps part of the New Deal culture that was either intentional or coincidental in its propaganda sales-job.
The one thing that was strikingly at odds with the movie idea of love was actually the absence of love. It seems Hollywood transformed LUST into LOVE and that has had a devastating social impact upon society. Surveys of people dating show that 70% actually expect love at first sight. This is contributing to the collapse in birthrates everywhere for at the same time, people fear that divorce is so common, why bother. In Japan they call it the celibacy syndrome for the youth are not even dating.
The divorce rate has soared post-Great Depression and seems to be tied to socialistic euphoria. Not only did government replace the family so children do not save now or think about taking care of their parents for that is government’s job, but the courts enforce divorce settlement as if there was still the old marriage contract. We have invented prenuptial agreements, but if the spouse signs the night before, they are being thrown out of courts as if they were coercion rendering them not valid. The whole idea behind the marriage contract was the man was providing for the pension of the wife. During the 18th century, typically the man was twice the age of his bride. Why? Because he first had to get the farm, chickens, cows, etc., and show that he was a good provider. If he when to the prospective bide’s father and said he wanted to marry her, if he responded to what are your qualification, oh nothing, I just love her. That would have been a good laugh and he would have been lucky not to be injured by the door when slammed shut.
The age difference decline to 25-33% older during the 19th century, but it was not until Hollywood got a hold of marriage and turned LUST into love at first sight that age came down to just a couple of years. Men mature slower than women so the divorce rate skyrocketed as girls expecting to marry men discovered they were still boys.
The arranged marriages actually performed better than those anticipating love at first sight in present times overseas. There was a deeper connection of compassion. A realization that there was a team and not one of a clash of two titans. Now there is a TV show Married At First Sight which is where two people are matched and actually get married when they first meet. While some couples have split, the majority remain married. Are they tapping into the true historical way things use to be?
Then there are the interesting studies that show men live longer with a younger wife, yet when a women marries a younger man she dies faster. Sven Drefahl from the Max Planck Institute for Demographic Research (MPIDR) in Rostock, Germany, has shown this strange result. The greater the age difference from the younger husband, the shorter the wife’s life is likely to be.This may be simply nature’s design that we are trying to figure out still. What is clear, elevating romantic love as in movies has only led to high divorce rates perhaps because expectations going in is that crazy image ofhappily-ever-after bliss. What is absent is compassion and this is very interesting.
Compassionate love takes place in the relationships that form the majority of our interactions but it is different from romantic love portrayed by Hollywood. It involves affection, caring and compassion and has a much broader scope than romantic love. This is the bond of deep friendship which Hollywood seem to miss. It can be experienced in the workplace, friendships and family relationships or just caring about the future of the whole.
This lack of compassion maybe part of the whole collapse of socialism. These campaigns of government See Something Say Something, breed distrust of others, not compassion. I was on a plane and a man just went to the lavatory and someone else called the stewardess and said he looked like a Muslim. The man did nothing unusual, but this is a state of fear and distrust, not the Norman Rockwell days of apple pie and friendly neighbors so you did not even have to lock your door.
The old days of community were about people caring about one another’s well-being. They would look out for one another and pick up the slack for one another. A culture of love is not just something that takes place between two people, rather something that is pervasive throughout society.
It just seems that government has fostered the Julius Caesar strategy, divide and conquer. Turn everyone against everyone else and they will not organize against government.
France Really Going After Everyone With Money
France is calling it “low-cost terrorism” and are using the the recent attacks that they claim did not cost very much the reason to now track movement of gold, make it illegal to pay for anything in cash more than €1,000, and anyone trying to withdraw more than €10,000 in a single month in total will be sent to the fraud squad. They will use the deaths of citizens as the excuse for more power to hunt money. The more people killed, the more power they take.
Governments are all moving as rapidly as possible to eliminate cash. This has nothing to do with terrorism, it is their financial terrorism against the people that is at stake. They are hunting money like never before. The French have financial police shaking down people traveling through France such as between Luxembourg and Switzerland. If you have cash – its theirs.
This Time it’s Different
While we have recorded history back to inception and reconstructed the monetary system of the world with interest rates, commodity prices, and labor costs along with the various debt crisis that has toppled every government since the beginning, We are not the only ones to have observed the fact that government debt has been the worst. There has been a fantastic propaganda machine aided by the mainstream media that portrays the private sector as evil and the public sector as magnanimous, the true is in the facts. Government routinely default because they prosecute and write laws and within that power, they always exempt themselves with so few exceptions.
It the excellent review of government defaultsThis time is Different – Eight Centuries of Financial Folly published by Princeton University Press in 2009 by Carmen M. Reinhart, Kenneth S. Rogoff, their Preface begins: “Our basic message is simple: We have been here before. No matter how different the latest financial frenzy or crisios always appears, there are usually remarkable similarities with past experience from other countries and from history. Recognizing these analogies and precedents is an essential step toward improving our global financial system, both to reduce the risk of future crisis and to better handle catastrophes when they happen.”
So for those who do not believe we face a Sovereign Debt Crisis of record proportions that will alter the future as we know it, well all I have to say is good luck. Now what those of us who just look at the track record and do not think this time is different, we need people like you for someone always has to be on the other side of that trade when it is time to short. So thank you, I hope you have very deep pockets. They always default so I think the odds are on our side.