Friday, August 14, 2009
According to the Mainstream the recession is over, but there are dissenters
Recessions are "irregular" for most people and most economists. In our highly controlled Western Industrial culture, death, illness and economic downturns are not seen as an inevitable part of existence but as irregularities. This will allow our 100 economists some wriggle room when the recession returns in force: they "didn't see it coming", it's "totally unprecedented" and "not following the rules". And just as some primitive tribes blame every death on witchcraft, we will see the search for scapegoats when they once again end up with egg on their face. It's another sign of the primitive nature of our supposedly sophisticated world-view.
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