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The civilization will be saved: history shows that wealth disparity falls with each depression:

Most of the recent millionaires did not smell much of real private prosperity. They just saw they electronic accounts inflated temporarily.

For some reasons, catastrophic crashes do not serve wealth or power concentrators well apparently, but restore decent parity (for the next cycle of greed).

by das monde on Fri Oct 10th, 2008 at 05:10:06 AM EST
European Tribune - Poor Captain's Almanac
Still, it seems to me what we are seeing in essence is a purging.

bingo!
illusions meet reality, guess which wins?
nice diary, gracias.

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~

by melo (melometa4(at)gmail.com) on Sat Oct 11th, 2008 at 07:10:57 AM EST
[ Parent ]
Popping a bubble and lancing a boil are perhaps comparable?

You can't be me, I'm taken
by Sven Triloqvist on Sat Oct 11th, 2008 at 07:21:39 AM EST
[ Parent ]
letting go a gigantic fart?

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
by melo (melometa4(at)gmail.com) on Sat Oct 11th, 2008 at 08:58:00 AM EST
[ Parent ]
You mean Bush in November?

You can't be me, I'm taken
by Sven Triloqvist on Sat Oct 11th, 2008 at 09:19:38 AM EST
[ Parent ]
Ah Sven, always seeing a layer deeper.

In the end, might makes right. Nothing has changed since the caveman.
by THE Twank (yatta blah blah @ blah.com) on Sat Oct 11th, 2008 at 09:38:28 AM EST
[ Parent ]
no, i meant all the bloated gas of toxic paper in the international financial system...

~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
by melo (melometa4(at)gmail.com) on Sat Oct 11th, 2008 at 12:28:53 PM EST
[ Parent ]

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