21 March 2009

The best way to save the planet for the next generation is not to have a next generation _Mark Steyn

Forty per cent of children in London primary schools now speak a language other than English at home. The Muslim population of the United Kingdom is growing 10 times faster than the rest of the population. No matter how frantically the ecochondriacs tie their tubes, their country grows ever more crowded. This is a story not of “overpopulation,” but of population transformation. MarkSteyn_via_FabiusMaximus
Eco zealots / zombies want women in the west to stop having babies -- to serve as an example to all the tribal people of the world. Save the planet, eradicate yourselves! It is the theme of the Dieoff.org generation. Modern radical feminism meshes perfectly with modern radical environmentalism and modern radical anti-European racism. They are not just anti-European, they are anti-male. But they are not just anti-male and anti-European -- they are also anti-human. You can simply tag the modern left as "anti". Or if you want to be more positive, call them pro-anti.
The basic assumption behind the multi-trillion-dollar deficits in the U.S. is that there will be a permanently growing population to cover it, eventually. Pace Mr. Kotler, Americans still have kids and grandkids to stick it to. Europeans don’t. Yet Big Government presupposes population growth—that there will be a new generation of workers to keep France’s fiftysomething retirees in the lifestyle to which they’ve become accustomed....Banking is really a kind of demographic shorthand—a means by which old people with capital can lend to young people with energy and ideas. It’s no coincidence that in Japan— the oldest society on earth—the banking sector nosedived just as the demographics headed irreversibly south. Who do you lend to in Germany? Or Scotland? Traditional risk assessment is simply not possible in such circumstances.

...The U.S. and other governments are now trying to re-inflate the global “credit bubble.” I don’t think it can be done. The crisis we face is not “sustainable growth” but sustainable lack of growth. And no society in history has ever pulled that off. _Steyn
Steyn is correct, that Obama is trying to re-inflate the global credit bubble. But he is making the attempt without the wholehearted assistance of China and Europe -- which is going to be very difficult. What he will accomplish is massive hyper-inflation on an unprecedented scale.

All the old folk on guaranteed government pensions, guaranteed government health care, guaranteed price-controlled government housing, and so on -- all guaranteed by the government. But as Russian pensioners have discovered, what good is a pension when inflation eats its value down to less than it takes to keep you alive -- even under all of the "government guarantees".

Do you really trust government guarantees? China is beginning not to trust US Treasuries. More money insiders are beginning not to trust the US Dollar. In fact, only a zombie would trust guarantees made by the current US government. You are getting older. If you are getting older without children or close family, then it is just you and the government -- a government you really should not be trusting.

What do you do?

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1 Comments:

Blogger neil craig said...

Don't want to be a spoilsport but it looks to me like the stuff up to the world trade towers will make up more than 50% of the space at a small fraction of the cost, indeed if that level had straight walls going up from the edge of the base it might equal 100% of the space.

Spectacular though such towers may be if you can do this for $300-900 bn they could build a base sized structure the height of the WTT for $50-150 bn which, while less pretty, as housing, leisure & work for 1 million, looks like somebody might actually make a good profit.

Monday, 23 March, 2009  

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