As all of us Fools are worrying about how to beat the ticker.... [more]
We simply don't need as many workers in current positions in a technologically driven world.... [more]
It is ridiculous the Fed is not PUBLICLY addressing Zombulation...the incredible labor efficiencies being driven by advancing technology causing Industrial Economic Revenues to evaporate...
Instead he is just bailing out his banker buddies...and their friends while the citizens suffer.
This can't go on for much longer...without all heck breaking loose. Bernanke calls unemployment a 'national crisis' [more]
Soon we can kiss most manufacturing workers....GOODBYE......that is after we have said our departure to financial services workers and postal workers....followed by government workers..... [more]
Don't say I didn't warn you my little ticker stickers.....Alstry is generally early. [more]
Luddite Fallacy is a hundred year old perspective that contemplates labor saving technology.... [more]
But few still understand that most of the CURRENT jobs are not needed in a technologically driven world. [more]
Protests on Wall Street........
Welcome to the www.udderworld.com
You knew it was coming when you bail out Wall Street and NOT the citizens..... [more]
What most don't understand is technology is already taken over and controlling money and our collective current perception of "wealth." HF trading controls the stock market and price of gold, regardless of fundementals.....yes there is a market in the physical, but is only a derivative of the electronic market.
Technology digitally prints the money that lubricates the global economy and pays people's salaries, and loans to run corrupt solar business/governments, among other things.....and now computers are able to think just like humans....soon they will think much quicker, better and faster.
It will be difficult for people to accept that their lives are now being driven by technology....and technology is rapidly replacing human functioning....it is only when people finally realize, understand and accept this fact....can durable change take place.
In the mean time, watch everyone kick and scream for what they perceive they are entitled to in a system rapidly collapsing around them. Could you imagine arguing for "fair play" in a poker game going on during the last few minutes of the Titanic? [more]
Some people are simply too close to the trees to see the forest..... [more]
It is not the end of the world....just the end of a world as you knew it. [more]
It was just a matter of time......first a million workers getting replaced at FoxConn and now this.... [more]
HFT computers already get MUCH higher returns than any Mutual Fund Motley Fool could ever manage and market...... [more]
Who gets bailed out when the world is broke? [more]
We are bailing out FINANCIAL ASSETS and NOT bailing out the main population. [more]
When Alstry started blogging a few years ago, he warned you, if you didn't stop the Zombulator, at some point the Ticker would no longer matter. [more]
It's about time.....watch the Gardner Bros. react with horror. [more]
Rising Prices and Collapsing Wages Is A Lethal Combination.... [more]
When government is freely handing out billions to its buddies? [more]
OUR CURRENT ECONOMIC SYSTEM IS BASED ON DEBT AND JOBS
People/Government borrowing and spending drive jobs......and jobs drive more borrowing and spending.
With advancing technology eliminating jobs, ZOMBULATION, it is destorying the Industrial Debt/Job cycle... because with fewer jobs, BOTH spending and borrowing declines causing job losses and debt/investments to collapse as well. [more]
Not if computers are doing the work...... [more]
You simply can't stop advancing technology....... [more]
Who coulda seen this happening? [more]
Once you detach money from human production, money quickly loses its legal/moral foundation and practical functionality. [more]
The G-7 said officials were prepared to take "all necessary actions to ensure the resilience of banking systems and financial markets." [more]
MONEY HAS MORPHED FROM TRADE TO LEGALIZED SLAVERY
When you simply hand bankers and politicians billions of dollars without regard to their production or the production of the people, and relatively very little or nothing to citizens.......
in a world where the citizens NEED money to survive, the citizens are essentially the slaves of the bankers and politicians. Add in Zombulation, advanced technology replacing jobs, and you have a mess.
Udder World's perspective is the slaves around the world are finally figuring this out and demanding FREEDOM. [more]
One company....one bank. [more]
This will be a very convulsive question as most of our current jobs can be replaced by technology, ZOMBULATION, and/or cannot be funded without running MASSIVE deficits. [more]
It will be a good Glock or snappy Smith & Wesson and your ability to accurately discharge it. [more]
Let me give you a little background about Alstry's perspective on Wealth.... [more]
Many in areas where people thought their jobs were "safe" [more]
in an already backed up process as court systems collapse around America.... [more]
You would think more people would be talking about Zombulation...the impact of advancing technology on Industrial Economies....expect tens of millions of jobs around the world to be replaced by technology over the next few years. [more]
With fewer people working able to borrow and consume.... [more]
WHY UDDER WORLD FOCUSES ON JOBS....COLLECTIVE INTERDEPENDENCE
In our CURRENT system of functioning, essentially everything we own has economic value because others have jobs to spend driving cash flow.....
our homes, stocks, bonds, pensions, and investment accounts.
If enough people (not necessarily everyone) are NOT working and NOT spending, essentially everything we own is FINANCIALLY worthless absent fraud. [more]
This is an actual eMail Alstry sent to a very close friend who owns a very successful and profitable transporation company. He and I go way back. This eMail was also copied to a former CEO of a public company, a nationally recognized Ph.D. Physicist, a key analyst for one of the wealthiest families in America, a Prinction grand and CFO of a hedge fund, and others who I consider very moral people. [more]
THE ARROGARNCE OF IGNORANT ADULTS
For one generation to worry about its "investments" after bankrupting the next generation is embarrassing at the least, and somerthing far more depraved on the extreme. [more]
Welcome to Zombuation NationLabor Day: Few Labor Stories
BUY BUY BUY.....................................
It was just a matter of time...as Alstry Nomics is generally way ahead of the curve. [more]
The only way to keep an Industrial System going when technology is rapidly replacing human jobs is through predatory/fraudulent lending...whether you like it or not.....just like the only way to keep Madoff's operation going without production was find more patsies.
Cash can only be created two ways...though production and through lending/printing. If gold was money, it could be created by digging and finding. But whether we are talking about cash or gold, it is production....HUMAN production.... which the cash or gold is exchanged for....
Machines really don't need cash or gold....simply electricity and a little maintenance....and as more and more of our functioning moves technology based, it will be harder and harder to maintain our current INDUSTRIAL system....the same applied to an agricultural system as evidenced by the invention of the tractor.
But America and Europe were fortunate enough to benefit from the job creating human labor intensive Industrial Age.....Africa was not so lucky.
The government knows this and why Greenspan, Rubin, and Summers rejected Brooksly Born and her precient warnings in late 1999. Everyone should watch the documentary Inside Job for a good perspective.
But the Digital Age is killing human jobs, driving amazing efficiency, and drying up cash flow absent deficits......we see it everywhere from the post office, to retail, to books, movies and music.Essentially ALL the banks are operating fraudulently today.....and everyone knows it.
There is simply fewer and fewer humans to lend money to today....evidenced by the tens of millions of fewer full time workers in America and Europe compared to just a few years ago....and soon Asia as robots replace manufacturing jobs.
If we reveal the fraud....the Industrial eocnomic system collapses......just like Madoff.......if we don't, we all get to extend/pretend and argue whether money should be gold or paper and whether Keynes or Austrians are correct. [more]
As technology keeps improving we need less and less jobs...the post office is the best example of this......NetFlix replacing DVDs/CDs and video stores is also very good.....and now FoxConn replacing 1,000,000 factory workers with robots gives us a good picture where thing are heading... [more]
Investments only have value because of underlying CASH flow....
Cash flow comes from jobs paying wages and wages spending CASH.....(otherwise CASH flow can come from a deficit, whether public or private)
Without jobs, spending slows and CASH flow evaporates......(unless made up for a by a deficit)
When CASH flow evaporates, investments lose value and many become worthless.....
Welcome to the ZOMBULATION of the Industrial Age...as jobs are replaced by technology, and CASH flow evaporates as technology doesn't need much cash.... we are NOW heading into a new digitally based economic model..... [more]
UDDER WORLD'S PREDICTION OF INDUSTRIAL COLLAPSE AFTER 5/11
Seems to be moving right on track..... [more]
For 5000 years, humanity has produced self-sufficiently or produced with the assistance of machines. Now, at an accelerating rate, machines are producing for man.
eMail is a perfect example of machines serving man without much human imput...eliminating the need for millions of workers around the world to deliver mail....banking will be similar. The Most Brutal Layoffs Yet: Bank Of America Could Slash Up To 30,000 Jobs ZOMBULATION will be an incredible period in history.....
It will be very interesting to see how humanity reacts when trade moves from people to people.....requiring traditional money like stones, gold, and paper to trade between humans to machines......where the machines don't need money.
Where things get really convulsive is when it is the publics'/government money that financed the development of the machines....at that point, legally and morally, the production of the machines should belong to we the people.
Zombulation will be very difficult for many of you to emotionally grasp...but I am confident you will catch on. And you will replace words like recession, depression, inflation and deflation with Zombulation and Singularity.
Welcome to the http://www.udderworld.com where Alstry Nomics is really the only one currently publicly discussing the HUMAN consequences to Technological Singularity. If you know of anyone else who is, I would greatly appreciate you identifying them? [more]
You simply can't stop human progress, and technology is now advancing faster than people..... [more]
Because in an INDUSTRIAL based economy, jobs are the driver of revenues and tax receipts. When jobs evaporate sufficiently, the economy collapses unless deficits become the driver of revenues and jobs. [more]