…and the whole fucking global economy collapses.
anyway, I thought it might be usefull to chat about the economic situation, while there still is one.
I found this documentary interesting. I’ve been following Lyndon Larouche for a couple years now, and he’s actually a well respected economist in other parts of the world. ( Russia, China, India, South America). Whereas here he’s a crank at best, and a dangerous criminal cult leader at worst. I’ve always found him to be quite lucid. The excesses of his personality cult I can take or leave. Kind of like the Wilbernator these days. The analysis is spot on, as far as I can tell. A return to a new-deal style fixed exchange rate system has got to be better than sucking the whole world into a hyper-stagflationary singularity. Or raping the taxpayer planetwide to bail out bankers who will then turn around and foreclose on you.
The moral of the story is that people who actually understand living history ( rather than a string of events racing to make space for us, right now) are too dangerous to permit in public discourse.