What banks and governments have been doing for the past eighteen months is a dumbshow meant to distract the public from the fact that the world financial system has been effectively destroyed. There isn’t enough money left in the known reaches of the universe to pay off the outstanding claims. In fact, not even close. Everything that proceeds from this fiasco will be in service of impoverishing most of the population and, incidentally, probably bringing down governments and, with them, convenient social usufructs such as due process of law and civil order. What remains - what you’re watching right now on CNN or Fox - is just a representation of the former structures of civilized life, what Joe Bageant refers to as “the hologram,” a kind of 3-D picture you can see around, that looks like reality, but is actually immaterial, a collective hallucination. It’s comfortable living in a hologram - until you discover that you’re in one. James Howard Kunstler ☀
Tuesday 29 June 2010
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