Adults in the Room

For those of you who find it hard to put the wide-ranging and seemingly unrelated issues of monetary, fiscal, economic, foreign and global policy into historical and sociological context, an encounter with some "Adults in the Room" by Yanis Varoufakis [2017] may provide some of the missing pieces in the puzzle.

Predictable Ruin: A Review of "Adults in the Room" is a brief review of the book which might be of interest and may help you organize your broader thinking. Too many of us agonize about "how" to manage ... instead of asking "when" to manage [and when to let liberty manage for us] ... much less counting the costs that may arise "if" we attempt to manage something beyond our control.

Another source to examine from time to time is Thoughts for the Post-2008 World ... a blogsite maintained by Varoufakis himself.

As we watch powerful authoritarianism rising out of our narcissistic descent into central economic planning [which is rooted in central banking], we need to know that ours is not a new tragedy ... but an old one that may finally be nearing its climax. The "beast from the sea" [described by Ovid and John the Revelator] is the author of a tsunami of fiat debt which, circulating in powerful currents of illicit currency [koinonia], simultaneously connects and subverts economic activity across all continents and in all nations on earth by sucking the life out of the future ... foreshadowed by Minos' Minotaur [and Varoufakis' troika] which consumed [and is still consuming] the living children of Greece [and the world]. And yet we continue to offer as-yet untold human sacrifices to the monster ... the blood of all the martyrs.

The global power brokers attempting to manage this shameful monster by confining it in their opaque, extra-legal, labyrinthine halls of power are desperately resorting to reckless stimulation and relentless austerity to inflate their collapsing international ponzi system of institutionalized debt. But the problems are getting worse and Greece is ready for its 4th bailout this fall ... when will these authoritarian monsters finally be loosed on the world ... and who will save us then?

We are undoubtedly on the cusp of a point when desperation will suddenly [but not unexpectedly for those who are informed] force even more deviant, systemic and irreversible change ... permanent and unlimited debt in return for permanent and unlimited centralized control. There is no reason why any thinking person should wonder about what must lie ahead ... whether you can do anything about it or not !!

Spread the word and keep the faith.