Thursday, January 7, 2016

A Tragedy We Should All be Concerned About


A Cascade Event is really only another way of saying that shit rolls down hill. And a super tanker load of same may well be on the way for the average Chinese citizen. We think we know what economic suffering is all about but in actuality we know dick compared to what the Chinese have already, and may well come to, suffer in the weeks ahead. My heart, for one, goes out to what are essentially very hard working, decent people.

The thing is, though, that this avalanche of avarice won't stop at the Chinese boarder. As the NBCnews.com post makes clear, just as their smog blows over to us eventually, their economic woes will do the same thing. And just as the elites there won't suffer nearly as much as the average working person, the same will be the case here, as with the rest of the world.

This is an interconnected world not at work, but shaking within the same warped web of contradictions that is Capitalism. And the tragedy will only worsen because the military minds on both sides will be unlikely to let go of their cherished visions of the other being the enemy. As is too often the case the generals, either during, and/or after, their tours of duty, become just another part of the money elites; either dictating policy or lobbying for it at the behest of big arms producers.

The Chinese are not our enemies. They are, however, our competitors, and therein lies the problem; as we are in competition for not only resources, but for markets as well, do we come to butt heads time and again. Two creative, industrious peoples who should be working together to make both the lives of their respective populations better, as well as the rest of the world as well. The real demon here goes by many names but in the end it all boils down to money.

European Shares Fall Sharply as China Halts Trading Again

European Shares Fall Sharply as China Halts Trading Again