River
Well-known member
PS-
I read my hurried response again a couple of times, then re-read the posts I was responding to. Those replies to my prognosis of great risk (not certain collapse) were the kind of superficial response people like me have grown very accustomed to from those who don't think in complex system terms. It's not your fault, and you're not dumb or ignorant, but clearly you've not explored the systems we're all embedded in in depth. If one is not an auto mechanic, and doesn't know a spark plug from a carburetor, that's fine. Take your car to a qualified mechanic. But when it comes to evaluating the risk of financial and economic collapse, please consult with people who actually understand economics -- and that means don't go to mainstream economists, unfortunately. They are stupider than a box of rocks, and are well trained in how to be smart within a box, so long as their box works for the moment.
I find it funny, very amusing! that folks want to say that because our economy is working well enough to deliver groceries to the stores now that this is evidence that this will be the case in July, August, September -- humorous. But also frightening and sad. I don't say this in a looking-down-my-nose sort of way, but rather as the mechanic must feel when a client insists that the spark plug is actually a carburetor.
Look at the farking economic indicators, folks! Not just the stock market, though that's an important and relevant indicator. Look at the bigger picture. Then look at the pandemic data, and the associated data about the economy of the world at the moment. Then you'll understand what I'm saying and why.
Experts are saying a depression is likely. We have no idea how deep or long that depression will be, or who will have jobs … in order to have money, in order to have food.
And rent and mortgage? Do you really think they will throw 1/3 or more of us out of our homes … no, no. Rent will actually go down. Mortgage payments too. Or anarchy will reign. But they will not toss us all out on the streets. Think big and thoroughly. Study the systems in which you are embedded and use your social imagination. You're going to be needing it. We all will.
E.g., https://gothamist.com/news/unemploy...on-levels?mc_cid=f60674000f&mc_eid=fbb6f50a1c
I read my hurried response again a couple of times, then re-read the posts I was responding to. Those replies to my prognosis of great risk (not certain collapse) were the kind of superficial response people like me have grown very accustomed to from those who don't think in complex system terms. It's not your fault, and you're not dumb or ignorant, but clearly you've not explored the systems we're all embedded in in depth. If one is not an auto mechanic, and doesn't know a spark plug from a carburetor, that's fine. Take your car to a qualified mechanic. But when it comes to evaluating the risk of financial and economic collapse, please consult with people who actually understand economics -- and that means don't go to mainstream economists, unfortunately. They are stupider than a box of rocks, and are well trained in how to be smart within a box, so long as their box works for the moment.
I find it funny, very amusing! that folks want to say that because our economy is working well enough to deliver groceries to the stores now that this is evidence that this will be the case in July, August, September -- humorous. But also frightening and sad. I don't say this in a looking-down-my-nose sort of way, but rather as the mechanic must feel when a client insists that the spark plug is actually a carburetor.
Look at the farking economic indicators, folks! Not just the stock market, though that's an important and relevant indicator. Look at the bigger picture. Then look at the pandemic data, and the associated data about the economy of the world at the moment. Then you'll understand what I'm saying and why.
Experts are saying a depression is likely. We have no idea how deep or long that depression will be, or who will have jobs … in order to have money, in order to have food.
And rent and mortgage? Do you really think they will throw 1/3 or more of us out of our homes … no, no. Rent will actually go down. Mortgage payments too. Or anarchy will reign. But they will not toss us all out on the streets. Think big and thoroughly. Study the systems in which you are embedded and use your social imagination. You're going to be needing it. We all will.
E.g., https://gothamist.com/news/unemploy...on-levels?mc_cid=f60674000f&mc_eid=fbb6f50a1c
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