Staring Into the Abyss, by Charles Hugh Smith

At the bottom of the abyss is a bunch of problems that have been ignored or papered over. From Charles Hugh Smith at oftwominds.com:

So sorry, but “you’ll own nothing and be miserable–oops, we mean happy, yes, deliriously happy” doesn’t count as a solution.

The global economy is perched on the edge of an abyss, and averting our gaze doesn’t actually lessen the risk, it increases it because problems which aren’t faced directly and addressed directly fester and rot the system from within.

This is why we’re collectively staring into the abyss: all the big problems have been dismissed, ignored or papered over with PR-happy-talk “solutions” that only make the problem worse. There are three basic techniques that our “leadership” (public and private) have used to avoid dealing directly with our pressing problems:

1. Appear to address the problems by doing more of what’s failed spectacularly.

2. Propose magical-thinking happy-happy technological “solutions” that are appealing but impractical.

3. Keep the status quo glued together to maximize quick-buck gains for the elite while guaranteeing long-term catastrophe for the entire society / economy.

Continue reading→

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.