Al-USA

A Global Problem with No Solution

Good article and I agree, the "gig" is up.

There is no solution within the limits of the profit system, none. Been there tried that, as the historians among us know. Other than a massive expansion into new markets, like the opening up of the New World by the European capitalists in the 15th century, or the opening up of China, and then the former Soviet territories, forget about it.

We can't even try what worked last time the limits of the profit system were reached in the 1930's, World War. I mean, imagine the conclusion to that among combatants armed with nuclear weapons. Sure, there will be massive profits to be made in the reconstruction later, but who will care? As Eisenstein said in reference to a nuclear Third World War, "I don't know how WWIII will be fought, but the fourth will be fought with sticks and stones."

However, for the hear and now, get your shorts ready, because from now on, the "easy" money will be made on the downside as, sad to say, the unfolding Greater Depression sinks into the consciousness of the masses.