A superb but wrenching interview by Euan Mearns of The Oil Drum with Stoneleigh of The Automatic Earth. A truly sombre prospect for the USA. What can we expect here in Australia? At the moment it's all green shoots and rising interest rates. We're heading into summer with a good spring rainfall in the south where I live and family members are house hunting again.
You readers of this blog are volunteers — you don't necessarily have to agree with me, but you're unlikely to continue reading if what I say jars too violently with your world-view. So I feel no need to sweeten my message to make you "feel better". Rather the truth — it's a much better place to start thinking of where to go from here.
But it's a different case with family and in a small community, where I'm accused of being excessively negative for yelling "Danger!" I even get told that somehow by talking about it, I'm making it happen! That people like me are undermining confidence in the system and should just shut up.
I won't quote from the interview with Stoneleigh. Just read the whole thing. It lays out the course of our world history for the next twenty years. You can't stop it happening, just as I can't make it happen, but we sure as hell can attend to our immediate circumstances and make preparations to deal with it.
Dear Fed, Please Shut Up Already, Stop the Forward Guidance
49 minutes ago
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