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Matthew,

That these efforts do seem to be caught in a serious negative feedback loop has to be taken into consideration and some thought given for what comes after. They are going to fail, because their systems of control are the very financial processes and institutions that they are destroying.

The two tools of social control are fear and greed and while the bankers can manipulate the greed, fear is a completely different beast. It arises from a more militaristic frame of mind and while our military establishment might soak up enormous amounts of money, it is being hollowed out through endless, strategically inept wars, weapons boondoggles, poor morale and a leadership that is more a function of bureaucratic turf wars, than any serious military culture.

So what we have to look forward to is not tyranny, but anarchy. Think Mexican cartels, or Somalia back in the 90's. Those aircraft carriers and F-35's will be mothballed and sold off for scrap, but all those small and medium arms will trickle out to multiplying militias.

It will make the break up of the Soviet Union look like a tea party, because the Americas do not have thousands of years of cultural evolution to draw on, in tough times. We are simply the cast offs from the old world, with a few centuries of geographic, population, economic and technical growth to boost our collective ego and create a consumption based culture.

So we have to go back to basics. When you are talking hundreds of millions of people, it's not a machine, nor computer, or culture, ideologies, beliefs, whatever. It's biology. In this case, the old scab is slowly peeling away, as those in the middle have to decide whether to cling to the old, or accept it is falling apart. What will arise is the real question. Will is be various oligarchs and cartels picking over the carcass, or can society find ways to heal itself?

As a social organism, government is the central nervous system, as the executive and regulatory function. Up until fairly recently it essentially functioned as a private affair, with kings and courts serving them and the rest as little more than domestic animals. Though as society outgrew their abilities to control and modern technology enhanced the destructiveness of warfare, governments were forced to become less centralized and more public oriented.

Similarly money and banking serve as the blood and circulation system of the communal organism and what we are experiencing is banking having its own, "Let them eat cake." moment.

These people assume there is no option, only due to their own myopia.

While people might be linear and goal oriented, nature is cyclical, circular, reciprocal and feedback generated, so while people might see money as the signal to extract and store, markets need it to circulate. Consequently ever more has to be added and ever more metastatic methods of storing what has been extracted have to be devised.

Given it is the contract enabling mass societies, not a commodity to mine from them, storing the asset requires generating ever more debt to back it. The Ancients might have understood this and devised debt jubilees to reset the process, but we lack that level of wisdom.

The fact is that money is the quintessential public utility and needs to be treated as such. It's functionality is in its fungibility, so we own it like we own the section of road we are using, or the air and water flowing through our bodies. It's not our picture on it, we don't hold the copyrights and are not personally responsible for maintaining its value.

A medium is not a store. Blood is a medium, fat is a store. Roads are a medium, parking lots are a store. The hallway is a medium, the hall closet is a store.

Back in the day, people raised their kids and were taken care of in old age. Now they have retirement accounts and when you follow the string of debts back through the financial system, it is the kids borrowing to make their way in the world backing it up.

There simply isn't the investment potential to individually save what is necessary, but we do all save for similar reasons, so this concept of a public commons will have to be resurrected.

The irony of our individualistic ethos is the resulting atomized society is more easily manipulated by institutional authority and mediated by a parasitic financial system. The going back to nature movement will have to first understand that we never left it, just dug some fairly deep holes that we need to climb out of.

So while yes, we do have this drunken leviathan staggering about, there has to be some effort to look beyond it and see the bigger picture.

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