Economic cures and their proponents

Market going down

Global attention is  currently riveted on the economic situation. From our living rooms we can watch economic earthquakes, volcanoes and droughts.  As markets tank, countries reel and savings evaporate  we want answers. Why? How? When? What?

The answers that are hitting the headlines from talking heads, politicians and  experts don’t satisfy. The old tried and true solutions aren’t working anymore. These crises seem more on the order of the triple threat of the 9 pointer, towering tsunami and nuclear damage done to Fukushima. Nobody made plans for that, it was unthinkable. The economic disaster of the unthinkable has now arrived on our collective doorstep and while we  frantically mop up the mess  to  keep critical infrastructures afloat, we must also plan time to answer those questions.

This linked article and video address possible reasons for the currently volatile markets. Reasons most have not seriously considered until now that we must: From Yahoo sports of all places  Did Mark Cuban Predict the Market Crash? by Eric Adelson.

An epic Ratinger rant about the debt crisis and economic solutions linked here.

My own take on part of the cure is here. The unrest in the world is about ideologies that have not profited  people and those people have had enough. Only with enough energy to meet everyone’s needs for food, water and shelter, can we begin to consider politics or religion.

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