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POPSThe Anti-Ecology of Money #economy #green The article goes on to say that primary goods and secondary goods are subject to negative feedback loops limited by supply which keeps them in some kind of balance. Money is the opposite: working on positive feedback limited only by demand which inivitably leads to bubbles and busts.
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POPSSellafield: the most hazardous place in Europe The clean-up cost estimate is 1.5 billion a year for 100 years. The risk is a UK Chernobyl, so presumably this spending will be prioritised. Where will the government get the money to give to the banks, hospitals, electric cars and the unemployed?
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POPSYard Sale Nation (2) If they nationalise the banks, will they nationalise the farms next? It would be ironic if the US adopted a Soviet-style economy where people pretended to work and the government pretended to pay them. The problem is that people are willing to believe anything to begin with, but finally they catch on. Remember Lincoln's other great statement was "You can lie to all of the people some of the time, and some of the people all of the time, but you can't lie to all of the people all of the time." The new president has not quoted that one. Maybe he forgot.
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