March 2011 Crises Review

From the MArch 5th Economist Global statistics page.

Crises is over.  At least one would conclude that looking at the awesome returns on almost every market globally, the change upward in industrial production etc across the board.

You won't read about it or hear about it as the whole "crises" is one big con job.

The unreported crises is in those numbers:
Commodities are up almost 50% and food as well up 50% year over year.
And most recently not reported yet oil up 25% now probably up 35% year over year.

Also not reported is the growing new explosion of the price for farm land thanks to that explosive growth in food prices.....  IN the US we are overpaying for food and manufactured products by 90% due to our hugely exploitative capitalist system of all the money going to those who do nothing.  But at some point the rising prices of food and commodities will kick in ,  I would guess soon especially if current trends keep going another 50% or 100% increase in a year or over a few years will start to become a real big percentage of the cost of production and all the capitalist middle men will then need the increase plus all increases in all their intermediary charges.

Oil is at its peak production and the industry and the pundits will use problems and wars etc to justify the rising cost rather than the real reason that Oil is at its peak and will become more and more valuable and hence more and more of a prize and hence more and more conflict over who gets it.  .

Take a look at the March National Geographic page 72.  Very nice graphic illustrating how the Global economy was 5.3 Trillion in 1950, and is now $55 Trillion, about Ten times larger than 1950.  That is a mind boggling example, as that means the World War Two world was Ten times smaller in terms of stuff humans took out of the natural environment and used and threw away, and that means now today if the world economy grew at lets say 5% for two years, between now and 2013 we would increase the use of resources and increase output by the amount of the entire global economy in 1950!  

At some point, like a pond with an infestation of toxic oxygen depleting  bacteria in it growing exponentially, one day everthing is perfect, then a small zone is taken over and it grows doubling in size daily, maybe it takes years and years for that infestation to fill up and destroy half the pond and even on that day the day that half the pond is destroyed and half is OK, even on that day things may appear pretty good in the half that is not yet toxic.... But the very next growth period kicks the whole thing over and then the entrie system collapses.

Are we in that pond?  The big Blue Marble Pond?  And are we the toxic infestation?

Look at the box on page 72 of National Geographic, picture it as a globe, the planet earth, and think about that little box for 1950, and the huge box for 2011, and wonder how much of the Globe would that box fill?  Are we half way there yet?  Many would say we are past halfway needing 2.5 planet earths to sustain our current over consumption and or totally waste full and inefficient use of everything.    

The real crises is our system of finance and banking money and control combined with the materialist rationality of converting all things living and not living to commodities and spread sheet numbers.

 The truth is all over the place on FSTV, in books reviewed on CSPAN all the time, in hundreds and thousands of publications and Web PAges.  Being brought out by many organizations and advocated even by many in the top echelons of the system.  So why is the exact opposite of what needs to be done being done???