The financial system is broken. The industrial system is broken and so is the financial system. Oil broke the industrial system and oil broke the financial system. Luckily, oil's power is not long for this world. In the meantime, however, the world's political/economy is a shambles.
It's going to take quite a collapse to clear out all this damage. All we can really do for the time being is clarify our vision of what comes after.
02 April 2009
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