Posted byat 16th February, 2009
This one might be a bit depressing. You see, the third World War has started. I’m not kidding.
The United States is not alone in this current economic crisis; the whole world’s in much the same situation. Most nations are in worse shape: when the U.S. farts, Europe gets an enema and Africa gets dysentery. This time, the world blames the United States for the disease – specifically, the former president and his cabal. I can’t argue that one.
Every nation is desperately trying to create new jobs. We can quibble about how that’s to be done, but everybody is going to try something. Because a lot of these nations have leaders who are in some way beholden to their public, the first thing that will happen is what is broadly referred to as “protectionism.” That’s when nations try to futz with tariffs, imports, immigration and labor laws to expand domestic jobs at the expense of other nations. It always happens. It’s like gravity.
Sadly, history has told us that, next to religion, global economic diddling is the common root of war. This, too, is like gravity. It always happens. To grossly oversimplify, Japan didn’t invade the United States back in 1941 because they are evil people who loathed our way of life, they invaded because we cut them off from imports they considered vital.
In many parts of the planet, things are as bad or worse today than they were in “the great depression.” Things are getting a lot worse everywhere, with every passing moment. Even if the most optimistic predictions come true, we won’t see any real recovery until 2010. Most people (there are no “experts”) think it’ll take years at the very least.
Japan went through all this in the 1990s and they still haven’t recovered. Many of their experts believe the Obama stimulation plan doesn’t spend enough money fast enough – which is the mistake they made when they played it slow and cheap. Oh, and they firmly believe we should nationalize our banks.
There’ll be rioting in the streets before that happens. It’s godless communism, you know. Better we should follow the lead of the medical industry and simply let the have-nots die. That’ll bring down the Medicare budget.
We’re borrowing against our grandchildren’s future? Maybe. Probably. But maybe if we don’t, our grandchildren won’t have a future.
Have a great week.
Mike’s Weird Scenes Inside The Gold Mind rants can be heard every Monday and Friday on The Point podcasts, available right here at www.michaeldavisworld.com, as well as at getthepointradio.com, comicmix.com, zzcomics.com, and ravenwolfstudios.com. You can subscribe to The Point at iTunes by searching under “The Point Radio.”