Follow the money...er, well, debt trail...if you want to see the forest through the trees.

A silly blog about money, and a link to a serious blog about money, er...debt...no, money...no...???

The following essay, accompanied by helpful charts, is by Charles Hugh Smith.  I love to read about the world of finance, the economy, and money...because it's, in my opinion, so foundational to the world we live in now.  

Money makes the world go 'round?  

Not exactly.  I believe love, the all-encompassing omniscient force for which all religions have a name, symbol, or description...be it God, Allah, Ra...or the Great Spirit...does, indeed, make the world, indeed, the entire cosmos or materium, go 'round.

So why does money hold such fascination?  Well, because, money has a very checkered history, and a special place in the human psyche.  We all need it.  Well, almost all of us.  I believe a woman name the Peace Pilgrim never used it as she walked accross America spreading her message while hitching rides and sleeping in guest rooms, on couches or park benches.  I doubt Jesus needed it, in his final three years, at least.  Buddha?

We are being told, by and large, right now...by main stream media outlets, that we are entering a "sustainable recovery."  Housing seems to be rebounding, and, at least according to government statistics, employment is picking up.

I don't want to be a wet blanket, just a little tiny voice in the wilderness suggesting you look a little deeper.

Here's a good start, and I really hope this starts a lively discussion.  My last post skewing our military involvement in Mali doesn't even have one pititful comment on it, and Robert's post has 18...some of them mine!  I'm feeling very left out.

That's alright, I'll get over it.  My womens' writing group meets at my house tonight, and I'll soon be drowning in essays and poems to sooth a battered blogger's breast.

On to Charles...


This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Eric Lieberman February 05, 2013 at 06:27 PM
Regarding no comments" Patch Readers seem to comment most on issues which they believe have a local connection. Your blogs always take on the bigger view and are not bounded by simply local concerns. However, the nexus between the subjects of your blogs and local problems is obvious in your blog today. The conversation on Patch right now is about Ms. Wolfe's article about "what's wrong on the West side of EVanston?" While readers offer opinions about that as a local problem, the article linked in your blog provides a big picture answer which people need to understand if they want to understand local issues. The article says: "Things are falling apart--that is obvious. But why are they falling apart? The reasons are complex and global. Our economy and society have structural problems that cannot be solved by adding debt to debt. We are becoming poorer, not just from financial over-reach, but from fundamental forces that are not easy to identify or understand." Want to understand what is happening locally? Readers need to do the hard work of understanding what's going on globally. They ARE connected. And, your blogs help remind us of that...even if you don't get a tsunami of comments.
june shellene February 05, 2013 at 06:47 PM
Thanks Eric! Thus the phrase try to see the forest...not just the trees. Or as your dad said, look for the force behind the tree...the force that made the tree. If we can't think more deeply about things, we'll never "see" past the fractious noise we call news, or, more laughably..reality. And as my dad used to say...Junie, when it's all said 'n done, it'll be the haves against the have nots. Ah, but had we been wizened enough when they were alive....we could have had some great conversations with them. But as we know, that will happen soon enough.
Jim February 08, 2013 at 05:25 PM
What is very wrong is that many people cannot abstract either to or from general principles on any level. Obviously any local issue has some relationship to national or state issues.
Jim February 09, 2013 at 05:05 PM
Getting back to a"local" issue with unintended but general consequences, read the article at the site below. Most people think the bag issue is simple. It is not. http://eeditionmobile.chicagotribune.com/Olive/Tablet/ChicagoTribune/SharedArticle.aspx?href=CTC%2F2013%2F02%2F07&id=Ar02501


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