Before and after the debt

Before and after the debt. The year 2011 is the year for starting again from zero. The company based on debt is finished. The doped growth from non-existent financial resources is no longer possible, neither has it ever been in reality. It was an enchantment that we wanted to believe in. A mirage connected to unsustainable growth passed off as development, when instead it was only predation, pauperisation, and impoverishment of society.
The age of growth, of the GDP as a measure of nations belongs to the past. Up until now , the debt has been a really powerful weapon, more than any nuclear weapon, in the hands of the politicians. Debt and “circences”. Give me an unlimited debt and I will construct anything, I will produce every new manufactured product, I will build the Messina Bridge. A tool superior to the Archimedes’s lever that with one pivotal point made it possible to lift up the world. The ceiling for the debt doesn’t exist. We have lived for decades in a house without a ceiling. In fact it can be raised at will by Obama or ignored by Tremorti.
The politicians have made use of unlimited resources, but non-existent metaphysical ones, and on these they have constructed their power and modelled a society of consumption in which the citizens have mortgaged their future for unnecessary goods. All this has arrived at the end of the line. Growth for growth’s sake is blasphemy, a theft of energy, time and thought. Why grow? For what fucking reason is it necessary to work like slaves for forty or more years and then die? For the profits of the multinationals? For the election policies of the parties connected by hand and foot to the lobbies? For a planet with a percentage of super rich people with telephone prefixes and masses of billions of disinherited people? What’s the meaning of this growth? None. A collective inebriation. An infernal sabbat of eternal debt with resources peddled with open hands by irresponsible economists like a drug. Politics is nude. The debt was the life insurance. It no longer exists. Before and after the debt. Now we have to measure up to reality, look in the mirror and plan a better world. The excess of work, the reduction of one’s own time, the destruction of the environment are bastard offspring of growth and of the debt. Today I feel like an optimist. The year 2011 is the first year of a new world.
![]() | Il golpe inglese {The English Coup} - by Mario Josè Cereghino and Giovanni Fasanella |
Posted by Beppe Grillo at 09:21 PM in Economics
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(3) | Comments in Italian (translated)
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Comments
esatto.. guilt and the unimaginable illusion of an undefined loss are great ways to control a nation.
But when shit really happens, people find out that hitting rockbottom has a bottom, and it is made of rock. You don't want people to find out, you want them to hoover an inch above rockbottom and be prepared to do what you want them to do. You don't want people to be free and organize things.. at least, not if you're one of the very few remaining in power and scared shitless because you think the average Italian is just as much as an unethical screwball as you are.. you can't even imagine that it is all braggodoccio and bluf of a largely well-meaning population that have been forced into letting corruption prevail over quality, and that tries to be 'furbi' in some pre-programmed childish way, because you're ashamed that you've had to give in on your values because the whole governmental system is designed to force you to either loose or cheat. No, you don't want a default and be free of all the financial obligations towards France.. you want your people to suffocate.. slowly.. beyond their pension into a soothing death. And that is how borderline psychotic opportunist after borderline psychotic opportunist continue to abuse people's good nature.
Posted by: paul | September 8, 2011 07:24 PM
Hello Beppe,
My name is Nicole Foss, and I run a major finance and energy website called The Automatic Earth. My partner and I have been chronicling the credit crunch for the last several years, documenting debt, corruption, the consequences of bursting bubbles etc.
I travel and lecture around the world, and have lectured a number of times in Italy. I have recently been asked to return to Italy to do some lectures for the Transition Towns movement, which I have been involved with all over Europe and North America. I do not have a date determined yet, but when I do, I would be interested to discuss current affairs with you, given your involvement in these issues over a long time. I can be reached at stoneleightravels(at)gmail(dot)com.
Cheers,
Nicole
Posted by: Nicole Foss | September 7, 2011 11:02 PM
So we return to Charles Dickens and Mr Macawber's principle(adapted to the euro):
Earn 1000€ and spend 990€ happiness.
Earn 1000€ and spend 1010€ misery
Posted by: peterfieldman | September 7, 2011 09:50 PM