Economic Collapse 2010: The End of Economics?

[ukusapillage]

the capital creation only worked while we were expanding our economy, during colonial days now hat mankind is all over the planet, resources are more valuable to exist in nature then being used for some stupid product, it will slow down and we will destroy the rest of nature or live in a more intelligent less consuming economy that uses resources with brains and uses much less of them the times for making huge surplus are over money will exist for only few investments and survival

[ukusapillage]

i believe in free source of energy, space was so called anti mater, its that with suns waves of radiation that are like log chains of pure energy that makes planets move in constant way according to their chemical const. if we can study the void use a similar wave motion we can recreate a endless power source, i believe thats how ufos move have no sound and arent affected by radiation of the sun electrmagnetic waves, and create strong electromg waves...

[TheAerialchris1]

good video

[clarkewi]

No, it's not the end of economics. It's the end of "surplus value" because those assigned to manage the surplus have failed in their management. Instead of "investing", they decided to turn the world into a gambling casino so that they could "skim" a little for themselves. It has been a 500 year "Ponzi Scheme" and it is drawing to a close. Read karl Marx - "Das Kapital" - the "contradictions" have finally caught up to us. It is a class war. Pick your side.,

[bigcollapso]

@clarkewi I think that the concept of "class war" is very dangerous. I could make a nice living working on business jets, but they aren't flying...

[clarkewi]

@bigcollapso Class war is the reality. The Capitalist managers have had 50 years and have turned finance capital into a Las Vegas gambling casino chasing the cheapest markets. Read Jack London's "Iron Heel" written before Jack's Reed "10 Days that Shook the World" (a movie called "Reds" with Warren Beatty. Read the chapter "The Philamuths". Explains everything. To quote, "They have failed in their management and their management shall be taken from them". Written around 1906, a century early.

[bigcollapso]

@clarkewi I agree with most of what you say. I just can't make the leap from there to "class war" being desirable or a solution. The people in charge have mismanaged the situation in a biblical way. "Class war" will only aggravate the situation, what we need is a way forward for all classes.

Maybe some see this differently, but I figured out a lot of how the game was played a long time ago, and I chose to remain a technical guy.

Now the balloon is fully inflated. "Class war" is no solution.

BC

[cdltpx]

@clarkewi The upper crust remember France and all the bloodshed when they had their revolution they have to have some plan to go to some place or select areas where they will be sheltered from all the battles. Sure those that study know we can have at home biogas plants gardens aquaponics solar heating for,water,air,cooking,and panels& wind generators for mild applications of electricity. We can do as long as we keep the water clean but the elitists think pop reduction is a must.

[cdltpx]

@cdltpx Reverting to agrarian society is in strict opposition to population reduction if you recall the farm had large families cause the kids had work to do and the more kids the more work done. So the end of industrialization will mean the population is bound to surge. That is why they want to kill off mass segments of population they want to keep us from farming our own land knowing we would attain self reliance again cutting the middle man IE wall street. We could get by without the car.

[cdltpx]

@cdltpx Peak oil could be a God send if we manage it properly we can not look to washington for guidance we can take advantage of the huge subsidies for solar and gear up now while the gettings good we know what is over the horizion RE energy will have to be the norm. Those that can grasp the state of the art tech today will be better positioned for the future. Not just stocking on food ammo and the like but preparing mentally for the challenges that are about to befall our land.

[cdltpx]

@cdltpx I think what the elite are afraid of is that the masses will begin to use up all the trees to sustain the life they knew and that is a possibility you can run a car on wood gas but a car is too inneficient government needs to get out in front and tell the people peak oil is a reality we are going to retool our economy and infrastructure to deal with it. We can cook W/solar biogas we don't have to be like Haitai and burn every scrap of wood on the land. Who said you had to have a 9to5.

[MountainDweller67]

Collapso, get a clue. Travel the US, and make sure to go through blue-collar areas. What you will see, is that beyond Wallie World, most businesses are dying. There is no work beyond service jobs, prices are going up, and the end of this charade is showing its head clearly. This is almost done. There will be no 'next recession'...we are already in a TERRIBLE Depression, being lied to, and our elected representatives are selling us down the road. Talk about DISCONNECT!

[SSWOLFENSTEINSS]

I would say that is a good presentional of the the fox,cnbc etc. talking A- holes who have wracked this country. I really dont think these people have Americas best interest at heart when they speak. Many economis , Western Bankers all seem to come from the same sub group and that is very unhealthy for a nation.Free trade agreements usually suck .

What nation received the first freetrade agreement with The U.S.A?Please email the Answer.

[raydesut]

Hi Collaspo, I like your videos, but how can you blame the stupid economists for wrecking your country when everything you have argued in your videos points to an INEVITABLE energy crisis?

[bigcollapso]

@raydesut Simple, they are taking a very bad situation, and making it into a biblical one.

[raydesut]

@bigcollapso Maybe a good follow-up to this video would be explaining what you think the Government should be doing as opposed to what they are doing...?

[bigcollapso]

@raydesut Well, I could go into detailed energy stuff that no one would understand. But that is not necessary. It is obvious that they are configuring the country into a failed state even without the energy problem. They just "crossed the streams" and made the curved shocking. Just wail until the next recession hits in a few months.

[2012RealityGuy]

Your message and expression of truth are what really matter. Backgrounds and props are irrelevant. Thank you for your words and opinion.

[bigcollapso]

@2012RealityGuy I agree, more or less. I mean some of the tools of the trade are important though. Wear a suit to McDonalds, and you are "Sir" instead of "Hello". As a guy who loves the machinery of the economy, and has spent many hours of his life very dirty, this is painful.

But collapse and economic failure is enough to make me consider a new tool set.

[emmazedbend]

Good video; economists are stupid if they weren't they would have predicted our current mess! Economists just have to acquaint themselves with one fact - NO MORE GROWTH.

[llothar68]

@emmazedbend

They are even more stupid then that. Because now they know what happens and they are doing the exact same thing again. If this is not stupidity it's just plain old delinquency. But hey it worked out pretty well for them

Don't know if your media is covering it but USA is very lonely now. The 600 Billion QE was the final nail in the coffin. Even Germans Chanceler Merkel stopped loving the USA. Germany+China will remove the Dollar as reserve currency in Seoul this week. Time is up

[bigcollapso]

@emmazedbend It seems that virtually everyone that is in Washington is either in the business of telling the Golden Goose or Father Physics what they will be providing in the future. Father Physics laughed, and the Golden Goose is a bloody mess, with thousands of bureaucrats in a desperate search. The only question that I have is, will we have to act like we are surprised if they can't find anything?

[shorts207]

The elephant story is about association. Knowing the rules of nature is wisdom. The feeling of me gaining wisdom with my own brain power is an illusion. The people you are talking about don’t have the choice of gaining wisdom. They have associations. They can choose the associations’ source. This is why they ask you about your ‘credibility’.

[florin604]

this is one oh the oldest debates, economists vs engineer.

nobody ever listen to engineers. peak oil means STOP.

everything halts,

everything.

[bigcollapso]

@florin604 Don't get it please elaborate. The word STOP does not fit any of the exponential functions that we are talking about.

[bozeman14]

thanks for posting your reply to my query on the rubin lecture.

i felt uneasy listening to his uderstanding of peak oil, i really needed you to confirm whether or not i was being off base.

i appreciate your knowledge and insight on this matter.

[bigcollapso]

@bozeman14 You are welcome. Thanks for the interest.

[bwelkk]

You mentioned that you couldn't wrap your head around how dumb economists are, what about heterodox economists? Austrians etc.

[bigcollapso]

@bwelkk I think that the concept of a "static" economic theory is wrong. The arrow of time is a very powerful thing, and I think that any economic theory would have to be adjusted continuously. The real problem is corrupt government. Once someone has enough power to do all of the adjusting that would be necessary, they use the power to steal. That is the real problem.

I do think that Austrian comes very close.

[LuqmanNaq]

I agree, when I got into learning economics via the web I was baffled by the most fundamental insight that has alluded them; exponential growth isn't possible in a finite world! It really is mind boggling that ten's of thousands of trained economists haven't questioned the foundation of modern economics!?

[thmsmhgn]

Meant to say underdressed.

[thmsmhgn]

You are a little bit undressed for UTUBE.

More often than not people outside a regime can see more clearly than people in it.

Keep up the good work.

[llothar68]

You are a little bit overdressed for youtube

What are economists? They are nothing else then marketing guys for some man made ideas how to make the largest profit. Their biased agenda is often so obvious. Even a 5 year old understands that there is something fishy even if they can't name it. And substainability is not part of their agenda, it's the short term profit for a small group of people who think they are better then the rest of the world

I and most of the "normal" people hate them too