30-04-2013, 12:15 PM
Read the full Zerohedge article HERE. Although written for financial market types, and therefore, full of market nomenclature, the piece spells the doom of the western economic model, which is basically f*cked beyond repair or salvation.
One reason to never forget Thatchcula's old saw, "market forces will regulate themselves".
Which is another way of arguing that giving a thief free access to a bank vault, he will voluntarily constrain his impulses for the good of society.
Quote: Hypothesis:Due to decades of unreserved credit growth that temporarily boosted the appearance of sustainable economic growth and prosperity, rational economic behavior cannot produce real (inflation-adjusted) economic growth from current levels. The nominal sizes of advanced economies have grown far larger than the rational scope of production that would be needed to sustain them. This fundamental problem explains best the current state of affairs: malaise (i.e., bank system de-leveraging and economic stagnation) spreading through the means of production and the need for increasing policy intervention to stabilize goods, service and asset prices (by depressing the first three and inflating the last?).
One reason to never forget Thatchcula's old saw, "market forces will regulate themselves".
Which is another way of arguing that giving a thief free access to a bank vault, he will voluntarily constrain his impulses for the good of society.
The shadow is a moral problem that challenges the whole ego-personality, for no one can become conscious of the shadow without considerable moral effort. To become conscious of it involves recognizing the dark aspects of the personality as present and real. This act is the essential condition for any kind of self-knowledge.
Carl Jung - Aion (1951). CW 9, Part II: P.14