Apologies in advance. This is another dry and unamusing entry via the serendipity of my private reading and google. Just one of those things that if I don’t do right now, I will never do.
The earlier entry ruminated on the derangement of imaginary money that is not offset by actual capital creation, and the modern heresy of debt default – drilled into us as an unmentionable evil we are prohibited from even thinking about by the Mandarins of Globalisation.
I found some rather relevant blog posts, all revolving around the writings of one of our finest, and appallingly undervalued, contemporary minds, John Ralston Saul (website). This is to extend the previous discussion. These items expand far more competently than I could hope to and I have little to add – (more…)