Thursday, October 1, 2009

Quantitative Measurements or Mmmmm... Pop

When markets are rising, those who encourage people to indulge their fantasies of overnight wealth will be far more popular, and thus more employable, than those who warn them of the inevitable outcome of pursuing such fantasies; when markets are plunging, and the reverse might be true, nobody’s hiring. Apply the same logic to the fate of industrial society and the results are much the same; those who promote policies that allow people to get rich and live extravagantly today can count on an enthusiastic response, even if those same policies condemn industrial society to a death spiral in the decades ahead. The Archdruid Report

Remind you of anybody?





Wash, Rinse, Repeat.



this all happened before, it will all happen again

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