A Quote by Margaret Drabble
I confidently predict the collapse of capitalism and the beginning of history. Something will go wrong in the machinery that converts money into money, the banking system will collapse totally, and we will be left having to barter to stay alive. Those who can dig in their garden will have a better chance than the rest. I'll be all right; I've got a few veg.
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The collapse of the world's banking system and the impending disaster of accelerating climate change are not separate phenomena. They are simply the most visible symptoms of a particular model of capitalism that will bring civilisation to its knees. But those symptoms will not get sorted unless and until we commit to a radical transformation of the way we create and distribute wealth in the world today
Men in America were terrified that if women got an equal say in society, the system would collapse and their lives would be valued less. Whites in America were scared that if blacks obtained their freedom and equality, the system would collapse and their lives would be devalued. Heterosexuals are terrified that the psychotic institution of marriage will collapse if gays are given their right to marry. And humans are terrified that if animals are liberated and no longer viewed as inferior subordinates, human life will be valued less.
Borrowers will default. Markets will collapse. Gold (the ultimate form of safe money) will skyrocket.
Bring on those tired, labor-plagued, competition-weary companies and ESOP will breathe new life into them. They will find ESOP better than Geritol. It will revitalize what is wrong with capitalism. It will increase productivity. It will improve labor relations. It will promote economic justice. It will save the economic system. It will make our form of government and our concept of freedom prevail over those who don't agree with us.
You do not have to have money to attract money, but you cannot feel poor and attract money. The key is, you have to find ways of improving the way you feel from right where you stand before things can begin to change: By softening your attention to the things that are going wrong, and by beginning to tell stories that lean more in the direction of what you want instead of in the direction of what you have got, your vibration will shift; your point of attraction will shift - and you will get different results.
Have you watched it? A man who is too greedy about money, by and by starts having the qualities of money. He becomes just money. He loses spirituality, he is no more a spirit. He is reduced to a thing. If you love money, you will become like money. If you love your house, by and by you will become material. Whatsoever you love, you become. Love is alchemical. Never love the wrong thing, because it will transform you. Nothing is so transforming as love. Love something which can raise you higher, to higher altitudes. Love something beyond you.
Capitalism, the ogre of those protesting Wall Street, has suffered a public relations crisis in the wake of the global economic collapse. But any remedy to the systemic corruption that led to the collapse should not displace recognition that capitalism creates wealth. Capitalism, and no other economic system, has raised millions from poverty around the world.
I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.
The Fed is pushing a variety of workarounds that would inject trillions in new money into the economy while bypassing the banking system altogether. Time will tell whether or not this will succeed. Meanwhile, a serious danger lurks around the corner. Once the recession is over, the lending will start again. With fractional-reserve banking and limitless supplies of cash on hand, we will likely see the overall price trends reversed, from deflation to inflation to possible hyperinflation.
Look at any financial institution, at any bank. They're all photocopies of each other. There's no diversity of institutions and even less diversity of currency. Therefore, just as you say its very logical that an ecosystem like this will collapse, it's very predictable a monetary system like this will collapse, too. And it hasn't finished collapsing, by the way.
If money is not maintained, it can collapse like a bridge along Interstate 5 and fixing it, even with determined politicians, will take ages, during which time God only knows how much human damage will occur.
I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.
One day,' Orest said, looking at him comically, 'you will say something that is less than practical and sensible, something that is driven by no forethought and nothing but passion, and I will probably collapse with shock.
Can we be sure that terrorism and WMD will join together? If we are wrong, we will have destroyed a threat that, at its least is responsible for inhuman carnage and suffering. That is something I am confident history will forgive. But if our critics are wrong and we do not act, then we will have hesitated in face of this menace, when we should have given leadership. That is something history will not forgive.
You just overwhelm the system with so many dependents and so many middle class benefits having to be paid that the money isn't there. It causes a system-wide collapse, capitalism implodes upon itself, and somebody comes into the breach and restructures the government as a socialist utopian paradise - and the guy's dead serious about it.
It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product.
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