An interesting analysis and rant on the US financial problems

| 1 Comment
Rick Falkvinge is a blogger from Sweden who has an in depth and detailed look at the US financial problems and some fascinating analysis. The rest of his website (at least his recent posts) are in Swedish so I can't tell what his other ideas are but this one is a doozy... He is the leader of the Pirate Party in Sweden.
Why the US is collapsing
Last summer, I wrote (in Swedish) about how the US is in grave danger of becoming the Fourth Reich. I also said that such a state would not last for more than 15 years, because of a number of factors I would elaborate on later.

I was right about the sequence of events, but horribly off on the timing. Where I had expected them to happen gradually in about ten or 15 years, instead they are unfolding before my eyes at an accelerating pace.

Some people believe that pirate politics is somehow about the right to obtain music and movies without paying. Some, a bit more initiated, believe it is for fight for civil liberties. In that, they are correct. But few understand the scope of this fight. It is not against the music industry. It is not against entertainment cartels.

The pirate fight is against corrupt governments that systematically curtail civil liberties as the primary and only defense of a gigantic and growing financial bubble, built over four decades. A fight against a small elite that are literally killing people to be able to keep living in luxury without paying the bills for it. Some bloggers have called this Fascism 2.0. The entertainment cartels are just a small part of this bubble, and fascism is used here in its most lexical sense.
What follows is a walk through history starting with the Bretton Woods Accord, our war in Vietnam and President Nixon's decision to go off the Gold Standard, our Fractional Reserve banking system making loans based on a percentage of their holdings and the growing use of the Euro for international trade. A lot of this I had heard before from various sources but Rick does a nice job of tying everything together.

1 Comment

Canada is #14 at the top of the list - right next to Sweden

Fun article - I've read most of this stuff before but he loses it with his own analysis. I agree that a year or two of deflation is on it's way but hardly a 'collapse' and 'fracturing of the country' (although if the bible belt broke off it would be a good thing). So the US government will be forced to curtail its spending - that's a good thing. The average citizen will have less buying power for a couple years but in the long run they will be better off - AKA corporate downsizing.

Leave a comment

October 2022

Sun Mon Tue Wed Thu Fri Sat
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31          

Environment and Climate
AccuWeather
Cliff Mass Weather Blog
Climate Depot
Ice Age Now
ICECAP
Jennifer Marohasy
Solar Cycle 24
Space Weather
Watts Up With That?


Science and Medicine
Junk Science
Life in the Fast Lane
Luboš Motl
Medgadget
Next Big Future
PhysOrg.com


Geek Stuff
Ars Technica
Boing Boing
Don Lancaster's Guru's Lair
Evil Mad Scientist Laboratories
FAIL Blog
Hack a Day
Kevin Kelly - Cool Tools
Neatorama
Slashdot: News for nerds
The Register
The Daily WTF


Comics
Achewood
The Argyle Sweater
Chip Bok
Broadside Cartoons
Day by Day
Dilbert
Medium Large
Michael Ramirez
Prickly City
Tundra
User Friendly
Vexarr
What The Duck
Wondermark
xkcd


NO WAI! WTF?¿?¿
Awkward Family Photos
Cake Wrecks
Not Always Right
Sober in a Nightclub
You Drive What?


Business and Economics
The Austrian Economists
Carpe Diem
Coyote Blog


Photography and Art
Digital Photography Review
DIYPhotography
James Gurney
Joe McNally's Blog
PetaPixel
photo.net
Shorpy
Strobist
The Online Photographer


Blogrolling
A Western Heart
AMCGLTD.COM
American Digest
The AnarchAngel
Anti-Idiotarian Rottweiler
Babalu Blog
Belmont Club
Bayou Renaissance Man
Classical Values
Cobb
Cold Fury
David Limbaugh
Defense Technology
Doug Ross @ Journal
Grouchy Old Cripple
Instapundit
iowahawk
Irons in the Fire
James Lileks
Lowering the Bar
Maggie's Farm
Marginal Revolution
Michael J. Totten
Mostly Cajun
Neanderpundit
neo-neocon
Power Line
ProfessorBainbridge.com
Questions and Observations
Rachel Lucas
Roger L. Simon
Samizdata.net
Sense of Events
Sound Politics
The Strata-Sphere
The Smallest Minority
The Volokh Conspiracy
Tim Blair
Velociworld
Weasel Zippers
WILLisms.com
Wizbang


Gone but not Forgotten...
A Coyote at the Dog Show
Bad Eagle
Steven DenBeste
democrats give conservatives indigestion
Allah
BigPictureSmallOffice
Cox and Forkum
The Diplomad
Priorities & Frivolities
Gut Rumbles
Mean Mr. Mustard 2.0
MegaPundit
Masamune
Neptunus Lex
Other Side of Kim
Publicola
Ramblings' Journal
Sgt. Stryker
shining full plate and a good broadsword
A Physicist's Perspective
The Daily Demarche
Wayne's Online Newsletter

About this Entry

This page contains a single entry by DaveH published on March 22, 2008 7:54 PM.

Back home from Bellevue, WA was the previous entry in this blog.

Some knickers in a bunch is the next entry in this blog.

Find recent content on the main index or look in the archives to find all content.

Monthly Archives

Pages

OpenID accepted here Learn more about OpenID
Powered by Movable Type 5.2.9