by Tanada » Fri 20 Sep 2013, 13:56:41
$this->bbcode_second_pass_quote('Newfie', '.').....because it is a slow leak. Then "bang-bang."
I still don't think our leaders, I don't believe in TPTB cartel, understand the issue.
Try to put yourself in a Captains shoes, think of the Concordia. Nice evening, good friends, good wine, pretty girl by your side. You re the Master and Commander. You do a little something special, shave the shore a bit too close. Bang- bang!
Within a half hour or so you have to utterly readjust to a new world of your own making. Hear the flooding reports from underlings, of a different ethnic background, trust what they are saying, understand the ship is lost, your career is gone, you will be savaged and disgraced. Yet with this swirl in your head stay present to the moment and maneuver the ship, with its dying power and momentum, onto yet another reef, where it can die allowing people to live.
Truly a monumental mental and emotional metamorphasis to make in about 2 hours, from king to jester while remaking in charge. Yet he has trained his whole life to first avoid this dilemia and failing that to react properly.
How many of our MBA business leaders or lawyer politicians have the same training? To avoid hazards and then react correctly in times of stress?
I suspect none. Yet they have the wheel and are shouting orders. I think they are every bit as clueless, and perhaps moreso than joe 6 pack. There is even some research to that effect.
Good analogy, the Captain of the Concordia did indeed react correctly in the face of the disaster and I think he has been poorly treated considering the large number of people he managed to save compared to what would have taken place if the ship had continued on into deeper waters.
The people in charge of the many governments on this planet for the most part got where they are by knowing how to play politics on a scale most of us find repugnant. They know how to nuance their way through every conversation to make sure they look to be smart and in charge even when they are caught off guard by something that happens.
Unfortunately looking and sounding smart is nothing like actually being smart and making decisions based on what is the smartest thing to do for the big picture compared to what is smart to do politically to make yourself look good.
The world economy started taking on water in 2005 when oil supply growth slowed to a pittance of its former robust increase rate. In 2008 the economy scraped a shoal and the leaks started up all over the submerged hull. Instead of guiding the ship into a port or even a beach the leaders of the world kept up going in the BAU line and simply started pumping money in to plug the holes in the economy faster and faster. The problem is no matter how fast they pump the money in the economy has not gone up, we have just been keeping even or maybe even sinking a little as time goes on. Sooner or later something is going to interrupt the giant money pumps now in action, and when it does the whole world economy goes back to sinking rapidly. The problem with money pumping is it doesn't solve anything, just puts a bandage over the wound.