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I dunno what I was going to say, I'm suprised you've followed me this far.
happened. On three.
i can normally think of something to say, but this thread of yours leaves me lost for words or ideas
I saw it on the news and it seemed pretty plausible what with them being proper economists telling us and stuff. I mean they'd know right.
I know you're just being silly, so i dont need to rise to it.....
but they are wrong there is not a recovery, things just dont fall evenly, they are now appearing to be suprised that employment is still falling, which again will have a knock on effect all the problems are iterative now, because there is no slack anywhere (in economic/business terms) if you do cut off something that appears to be slack and needless, you will find that it has a knock on effect on other stuff....for every needless job that goes now, less tax is returned and an increased gov resource burden is actually increased (social security) for every greedy multinational conglomerate that fails to make quite as many squillians as before, that decreased performance is reflected in less pensions returns and lessened gov income from tax (when their burdens/borrowing/debt is increasing)
The books do not balance, the world is valued at approx 10 times the value that it actually is in real market terms (If all debt/credit/capitalisation realisation) At present this has readjusted so that we are nearing halving that over estimation. i.e. approx 5 times overvalued.
but that isnt the worst of it.
the worst of it is that everyone is hoping to get to a point where they can return to a situation where the market (that has been built up and tailored and refined and honed to a ridiculously specialised degree (but in incorrect specialised ways) ) because their plans and systems and all pluugged in economies will not work with the model of market that THEY have built.
If they had any sense they would set about dismantling and disconnecting bits of the market that they have and reassembling it into different sorts of market that are less specialised and more flexible. having several different types of markets and not having a common denominator between them all (thus causing unfair and impossible comparrisoms and choices to be made accordsing to artificialoly constructed rates of 'worth').
Perhaps other measurements need introducing that are not equatable with one universal monetary value, these other units can be used to drive the other types of markets. Naturally there would need to be interfaces between markets (as there are nominally but ineffectively now) but these interfaces need to be between different worth units and hyper ifads would be needed to ensure that the world humans worth of particular stuff is reflected in its own terms (not in common denominator of money only)
Money would still have a role in global finance but more as a carrier between markets, thus construction of water or power production would need to translate the markets of essential need for water, with the market of labour/skills, with the various other markets of resources needed for production, and with the market of clearing up any pollution/injury/human loss of home or livelyhood
Yes it sounds complicated, but really it is not much more comoplicated thn what happens now, except that money and profit is not allowed to have its own head and left to sort out all the stuff itself (cos money wont, globally it is nopw acting as a parasite in that it will eventualluy kill its host)