Monday, August 1, 2011

Hills, Plains and the Economy

The plains are great for farming and industrial activities as compared to the hills. The plains are also great for huge cities that can go on expanding through its suburbs without being interrupted by a steep descent or ascent as in the hills. Most modern humans live in such cities and perhaps love the concept of living in large endless cities. Personally I detest the very idea even though I happen to live in one nowadays. In the coming century as fossil fuels are exhausted and travel becomes expensive, it is certain that life in large cities will become more painful as it already is by rising fuel costs.

One simple fact about living in cities situated in the plains is that one’s view is blocked by other homes in the neighborhood. After a while the mind blocks out that view as unworthy, leaving one’s consciousness confined to one’s immediate surroundings. However when one has a home in the hills the inclination of the hill permits a wide view of the surrounding town, hills and forests. The consciousness may then expand easily to seek unity with the world beyond and the entire universe, experiencing the ultimate joy that such unity brings.

I read in the newspaper today that a lot of Britons have started keeping chickens for the purpose of eggs. Such Britons probably also have a vegetable patch as well. May I suggest spinach as a great addition, a small patch will produce enough for a small family. These are the first signs of returning to the land.

The present economic model of developed countries based on creating more jobs by creating greater government debt and greater consumption has a limit, just as any multi level marketing scheme has. Greater consumption and greater growth is necessary to deal with the debt. It appears that President Obama has succeeded in stretching the limits to debt yet again and that the Europeans are making it possible for Greeks and others to do the same. Therefore the limit to the existing economic model has not yet been reached.

Who was the fool that said the coat must be cut according to the cloth and that it is a good idea to live within one’s means? Certainly not my government! Debt is the way to go. Borrow more to encourage more jobs and more consumption. A lot of the Earth still remains to plunder and consume. Growth is essential to deal with the debt that is essential to prevent a default on the debt - here we go around the Mulberry Bush, The Mulberry Bush. Goverments can enjoy deficits since people did not write in constitutions that it could not be done, neither is it it written in the constitution that you cannot borrow from future generations to live it up.

The present economic model involves working day in and day out in a monotonous production or service, picking up one’s salary and then spending it on the equally monotonous production of others to keep the cash counters ticking. One may not do anything new because competing in the marketplace involves long experience of having done the same thing over and over again until one’s knees are too tired to move or one ends up in the grave.

When the limit to such growth arrives, just as the limit to any ponzy scheme must if this one based on debt is such, then retail sales will slump, government debts will be defaulted, governments will monetize debts, inflation will make paper currency useless, more and more jobs of the old economy will be lost and perhaps mankind or at least some will return to the land and hills once more.

0 comments: