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Saturday, 11 July 2015

Seriously, WTF

I think the recent - or current - media interest in whether or not (in my view when) Greece will Grexit the Euro-zone and euro-money system, is overstating the importance and the possible side-effects or consequences of the matter.

"Ask da bagman, where did he put da money..."
Yes there could be a complete destruction of the whole entire Euro edifice including the euro currency system itself because of the Greek template for the re-assertion of national sovereignity and democracy but fundamentally even that in itself is not going to stop the issuers and the creators of the 'euro' currency from doing whatever they please in financial markets. Which was and is the issuing of large nominal amounts of 'money' with debt as its backing and the supposed production capacity of Germany as its 'credibility.'

Money with credibility
The word being used to excess by the Euro Committee is 'credibility.'
What I mean by 'overstating' is that none of us should worry the least about any personal consequences. Governments cannot afford for problems to trickle down to the voting masses to the extent that their own existence is called into question as to its relevance. Governments are needed to stave off the rising tide of islamic extremism, religious intolerance, pandemic disease, guns in the hands of lunatics and truthers and doomsday preppers who have gone 'the full Johnnie Rambo...' Oh and of course not to forget the havoc climate change is about to unleash on those not protected by BB.

In short, nothing of any greatly negative import is going to happen to any of us.
Not from a Grexit. Not from BRICSA. Not from a nuclear conflict near Israel. Not from an arms race involving Iran and Russia.

Nope.

A bubblegum token
These are all just essays in trying to make the sale. Selling something, anything, is the lifeblood of enterprise capital, and I wish them all good luck. Not a lot IS actually selling these days. Anyone who can make a real sale gets my approval.
Trust, credibility, security, financial solidity - all these things spring from principles and ideas, not from bureaucrats or technocrats and the media's dribble.

Science comes from understanding the origin of the triangle, not the origin of the Universe...

And exchange - monetary means thereof - stems from universal liquidity of the token, instant and unimpeded and un-conditional transferability and real market risk pricing of the purchasing of debt.

But when the snow falls, and the stagecoach is still up on the high mountain pass, there is a reason why Werner Herzog had the miasma mark the point of separation between the lower earth and the upper ether of Count Dracula's world.

Snow is falling in Tenterfield, Australia right now
Never a truer word was spoken than that those who fail to learn from history are condemned to re-live it.

This time, it will be more than six million Jews. But it will be at least that many and people should mark my words. This is where we are heading, there is no way back now, and any thin smile on the face of some fool in the Euro-zone ought to be seen in the fading light of common sense, as the usual thugs in black flack-jackets and boots buttress the same evil that takes centre stage time and time again. The worst, the worst villain - is the man or woman inside that black uniform. Without them there would be no criminal elite trying to pretend a bubblegum token is money.

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