Sunday, November 22, 2009

"The experts" admit incompetence, at best, again

Société Générale tells clients how to prepare for potential 'global collapse' contains a list of bankers' supposed worst fears (actually, their goal), their supposed best ideas on what can be done about the economic crisis (actually intended to make things worse), and an admission that their "best" ideas might not be sufficient to prevent financial catastrophe. They're all lies of course, but on its face, this is another admission of cluelessness, at best. LaRouche claims that the system could collapse at any time now, with the right trigger, such as (I suppose) an invasion of Iran launched on the basis of lies by "God's chosen government."

Not surprisingly, this piece of tripe was written, probably tongue-in-cheek, by Ambrose Evans-Pritchard, one of the British oligarchy's key propagandists. Go to the article and note how he associated a Japanese bullet train with the debt-explosion. (Oddly, he didn't mention the trillions of dollars recently given to his employers in exchange for their gambling IOUs as a contributing factor to the debt.) The oligarchy has started world wars to prevent us from developing rail transport, and told us that we're fighting them for "freedom." They also dangle the false promise of "flying cars" in front of our noses from time to time to get us to forget about rail transport, modern versions of which expose our existing transportation system as the sick joke it is, and make even bullet trains seem quaint.