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alstry (35.03)

The Future...

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October 22, 2010 – Comments (7)

We at the Institute of Alstrynomics have been working on our projections for the future......

If you understand the mathematics of our debt based monetary system that charges interest on loans...NEW money must be lent out into the system in sequentially larger amounts so the existing debt does not default.....very much like the mechanics of a Ponzi scheme.

It is the primary role of the banking system to make sure it lends out squentially more money or else there is really no reason to have a banking system.....historically, if the banks didn't lend, loans failed and the banks failed along side the debt....consquently, the interests of the banks and borrowers followed each other.

However, for the first time in American History, the government came in and bailed out the Wall Street banks but did basically nothing to bail out the debt.....as a result, even though the debt failed....which was mathematically certain to occur as the banks cut back lending.......THE BANKS AND BANKERS THRIVED......

and the bankers found new borrowers....Wall Street corporations and Washington.  Consequently the property of the private citizens transferred to government and Wall Street....and more and more is transferring everyday.

From the bankers perspective, they didn't give a damn if the loans performed or not.....the losses were "protected" and the gains were booked.......the citizens were not so fortunate, they went broke when they couldn't perform on the loans....no bailout for the citizens, private businesses or small banks...

It is now clear that this outcome is the goal and policy of government and Wall Street...to essentially bankrupt the private sector economy of the United States and centralize power to Wall Street and Washingtion.

So where does this take us......NOT THE END OF THE WORLD.....so end of the worlders need not participate.

However, it is clearly the end of a democratic capitalistic system that defined America for the first few hundred years of its existence. America is becoming more and more Fascist...basically the integration of BIG business and Government.....and as more and more of the private sector shuts down...this is the mathematically certain outcome of the current policy as more and more consolidation takes place.

What will America look like?.....for many, not much different than it looks now.....BUT FOR MANY THAT PERCEIVE THEMSELVES TO BE WEALTHY.....America will be a very different place and your life will change dramtically.

First....as the current monetary system is now INSOLVENT.....current currency will likely see its end in the very foreseeable future...Warren Buffett, Benny The B and others have basically admitted as much.

What will the new currency be?  simple, digital currency like it is now for over 42,000,000 million Americans receiving food stamps every month...just three years ago, it was much less than half this amount and the trend is clear.  Within a few years, essentially all Americans will receive a allocation of digital credits each month from government.....and the Food will most likely be distributed by Walmart and a few select trucking companies.

In doing so, it will have a significant impact on our carbon footprint....and by limiting the choice of foods to healthier selections limited packaging....it will also dramatically lower the nation's healthcare costs going forward including significant reductions to important diseases like diabetes, heart ailments, and cancer.

As far as entertainment...much will morph to digital entertainment having a significant impact on packaging, plastic, and travel having a HUGE impact on our carbon footprint and waste.  You have to admit, it is sorta strange to see the likes of Al Gore and other carbonistas flying around in their private jets and driving large engined vehicles......that can't happen if such behavior is to be systematized.

And that leaves us with the 'wealthy".....the only reason they are wealthy is because under the current system, they can consume more goods and services than their fellow citizens.  But if you look around, much of what defines wealthy today will not in the future.....dollars, real estate, and shares of stock......and we are already well on our way down this path with real estate crashing and our monetary system becoming a government sanctioned fraud.......once the system morphed into an obvious fraud....it became inevitable that current money will soon be a fraud as well.

By the way, if the Insititute is correct...this trend will occur worldwide as governments will consolidate into a central government authority with nations of today morphing more into states belonging to a larger federation......

The benefits...more efficient distribution, consistency of laws, massive savings of consumption of natural resources with a focus on renewability, and the capability for worldwide growth while decreasing the liklihood of violent conflict as the means for production of weapons will be controlled.

Welcome to the Digital Age....I told you it was not the end of the world......and for those of you that think you are rich...life will change.....do you think this could be done without the current Zombulation policy?  What most don't realize, as their current sole path to wealth is the stock market.......we are just one flash crash away from exactly what the Insitute is currently forecasting.

It's not too difficult to see.....really................................................FLASH!!!!!!!

7 Comments – Post Your Own

#1) On October 23, 2010 at 7:57 AM, alstry (35.03) wrote:

We bailed out the banks....now a few banks are buying up America because the have essentially unlimited free money(anyone remember the Monopoly analogy-anyone with unlimited access to the bank will own everything on the board in short order, and the one with limited access will lose everytime)......JP Morgan also runs the Food Stamp program....

A plan to lease Pittsburgh's parking assets for 50 years has run into a roadblock, renewing questions about how the city will fund its pension plan.

Pittsburgh's city council nixed a deal this week to lease its parking assets to a consortium led by J.P. Morgan Chase & Co. Instead, the council is proposing that the city's parking authority issue a 30-year bond and pay it off with parking-rate increases. Part of the proceeds would go to the pension plan.

Mayor Luke Ravenstahl said Friday that he was opposed to that proposal. The city pension plan, which had an unfunded liability of $718 million as of August, could fall into state hands without additional funding.

The issue underscores tensions around the U.S. as lawmakers, city officials and residents clash over how to pay debts.

J.P. Morgan Asset Management and LAZ Parking offered the city $452 million to operate garages, lots and 7,000 metered street spaces for 50 years.

Mark Weisdorf, who runs J.P. Morgan's infrastructure-investments group, said the consortium might amend its offer. "Clearly, we were disappointed," he said. "But we believe it's still a viable option."

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#2) On October 23, 2010 at 8:17 AM, alstry (35.03) wrote:

Once fraud becomes institutionalized....there is no democracy....

But ultimately resolving the problems is not the government's responsibility, said Michael Barr, assistant Treasury secretary for financial institutions.

"Fundamentally, this is up to the banks and the servicers to fix," he said. "They can fix it as fast as they feel like."

http://www.huffingtonpost.com/william-k-black/foreclose-on-the-foreclos_b_772434.html

Wall Street and Washington are now one....let's see what will happen to the people......we at the Institute think we have this one nailed.

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#3) On October 23, 2010 at 8:55 AM, BillyTG (29.13) wrote:

Be careful using that word "fascism" when discussing the US...it's a very senstive word around these here parts.

I've always preferred the expression The End Of The World As We Know It.  I've never thought the world would end, but I think it will change drastically in the US.

Some of you conclusions are interesting, like the periodic electonic allocations of money from the government to all citizens.  

I'm not sure I can imagine a super healthy food supply for everyone as part of this new corporatocracy.  McDonalds is poised to become one of the biggest companies on the planet  in the next decade or so.  Is the US going to shut them down, or YUM brands? It's hard for me to imagine all these unhealthy worldwide fast food joints shutting down.  Do you think they will convert to healthier food, under government mandate?

What about corn?  I just watched a documentary called King Corn, in which I learned that nearly every single meat item and processed food in America is derived from industrial corn, which is grown on big land tracts in IA, CO, NE, and other states near them.  That corn is a major contributor, perhaps the biggest reason of all, to obesity and health problems. Do you think we'll replaceall this corn with healthier crops?

One of the questions I have with your model is that it sounds like corporations, other than a very select few, will not have very much power.   Isn't the point of a Wall Street Government merger to enable corporations to basically have free reign over the population, to spread their wings of consumption across the globe?  It's also difficult for me to imagine the huge transfer of wealth of which you speak.  Why would the powerful want to give up their extravagant jetsetting lives?  With bigger merged nations, wouldn't there be a push for a feudalism/serfdom type system?   I think the bankers and corporate executives will be richer than ever, and the other 99%+ of the population will be on a level playing field with one another getting paid much less.  Basically a two-tier system, which we have become and are still moving more that way now. 

Interesting post as usual +1

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#4) On October 23, 2010 at 10:24 AM, alstry (35.03) wrote:

McDonald's menu in India is very different than America...

Polaroid was poised to become one of the biggest companies in the world in the seventies......Enron at the turn of the century......the name of the company really doesn't matter.

I use fascism in the literal....China is communist....do you think it resembles anything like the communism most Americans envision from the old Soviet days?

Corporations and government will merge....they will become a distinction without a difference.  Right now, consumption is power....due to the current model....but in the end, control of production is power.....control of production is what intrinsic value is, was and always will be....and he who controls production, has the power.

As an aside, be careful how you view growth.  Growth is measured in dollars...or currency.  If I tripled everyone's salaries tomorrow, but fired half the workers, as we currently define growth, GDP would be growing even though we would have 50% unemployment and consuming less.....

Production changes over time.....it is part of the evolution of man.....and he who controls it, has the power.  Rocks used to control production, then it was gold, then paper.... and in the future it will likely be digital credits.

Regarding corn...I think it will be used in healthier ways along with other advancements in food technology.  You are already seeing the trends everywhere...yogurt/probiotics in more and more items, humus now in 31 flavors, fiber, etc....

You are right.... I will go back to end of the world as you know it.....and we are a two tiered system as long as the current system continues....and as it focus more and more on the ticker........the society becomes more and more vulnerable to the ticker....until....FLASH......and we move into the Digital Age.

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#5) On October 23, 2010 at 11:16 AM, BillyTG (29.13) wrote:

You're right about that. I've been to a handful of McDonalds in India. Always crowded.  No beef or pork, but quite a few chicken selections (chicken burger, mcnuggets).

No China definitely does not resemble the USSR, but did it ever?  The Chinese government is a single-party communist system, sure, but the people aren't communist in the way most Americans consider the word.  It reminds me of the acronym RINO (Republican In Name Only).  China should maybe be called CoINO (Communist In Name Only). Their main thing is control over the country, to grow rapidly but comfortably, become a/the major player in the world, etc. 

Speaking of China, I see you writing a lot about this electronic currency.  It completely makes sense in the digital age.  But how do you expect gold to work in this electronic global community?  China, India, and a bunch of other Asian countries are buying gold like crazy.  Maybe the West will have some unbacked electronic currency, and Asia will have some gold-backed supercurrency (which could also be electronic for banking purposes)??

What is your take on how a transition to this digital age will happen?  The way you explain it makes it sound like we'll have a monster flash crash anytime now, and then the next day our bank accounts will be replaced by government credits.  So how long will it take to move into the digital age? 

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#6) On October 23, 2010 at 3:03 PM, alstry (35.03) wrote:

As far as the transition...the Insititution is in violent disagreement about the process....my bias is it is happening now and there will be a single convulsive event that triggers consiousness in most.....

Economic Collapse that is reported(ie-the mother of all flash crashes).....terrorist act that is attributed to a change in structure.....massive war that shuts down most of what we do........

it doesn't really matter what it is....in the end, the world as we know it will change forever...and a new one will begin.

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#7) On October 25, 2010 at 12:12 PM, mtf00l (44.63) wrote:

An Asian gold backed currency will become the reserve currency and the dollar will become the currency of the USA.

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