DOW down 400

the collapse of oil prices due to over supply is catastrophic for the global economy.  there has been huge investment to bring such oil market and the collapse of prices is breaking economies all over.

coupled with vast wealth inequality and general austerity polices consumption has collapsed, contributing to growth in inventories of everything deepening general economic slowdown.

add technological advance eliminating job...and globalized factory production..which is another way to say 'Jobs Off-Shoring'  we have a calamitous global situation on our hands which was precipitated by the derivatives skam that cleaned out the middle classes from north america to western europe and beyond.

what we have is a global capitalist created economic disaster that may be terminal for the human species as capitalist recklessness is finding expression in a trend towards world war 3.

but all of this is a result of capitalist greed and their criminality..the way they have set up the world that concentrates all the wealth in there hands.  the % of capitalist with money constitutes almost all the wealth on planet earth.  there is now little for anyone else..and to keep their system functioning  they must..and have.. imposed austerity on the people..which compounds deflation ensuring that there is no hope for the people. 

we will all be driven back to serfdom..are being driven down to serfdom once again.  they are not giving anything back nor are they prepared to change the system, make it a fair system in which we all have a chance

and to prevent the expected revolutionary upsurge they are in the middle of constructing police states everywhere they can

all of this is not new..or news to the informed people of the world who would know what capitalism is all about.  the capitalist have done this before.. brought global society into economic disaster. but we always let them up to do it again.  this situation is our fault too..mostly our fault for we are always susceptible to the lies of the capitalist.  we are just as greedy and stupid as they are on our own levels.

but there is one qualitatively different factor this time..the stage of advanced technology achieved on this day by human beings.  our achieved stage under the control of the capitalist gives them the material power to fix humanity once and for all the way they need it to be settled..solving their people problem finally in their own best interest.  what that means is that Brave New World is in our immediate future. 

in our time we will most assuredly see the return of the concentration camp, people vaccinated to death or into autism..the implementation of "Bokanovsky" like programs in which reproduction is taken away from individual females.. outside the female womb into artificial frameworks that allows for the conditioning of foetuses from the moment of conception to parturition and reinforcement continuing through life of the idiots created who will be no problem to the elites.

that is our future we serfs if we do not rise up now and change the system irrevocably, from the general point of view and collective social interests, making sure that the resulting social conditions does not permit ever again the rise of minority social control by any sectarian class

Oil was at 70 when I made the call that it would be under 30 . Retrieve that thread chairman .

America's in trouble. If I were to musically assign something to it, I'm undecided as to whether I'd select Jay Sean - Down, or Fall Out Boy - Sugar We're Going Down. Probably Fall Out Boy.

What's happening in America and Europe is what goes on when you let 1% enslave the other 99. The only way that can end is badly.

The stock market is a game of games. The currency is not really valid. They just print what they need out of thin air half the time and send it where they want it to go while trying to rob Peter to pay Paul. I'm looking at all of the major retail store closings (Walmart, Kmart, Target, and so on) and wonder what all of those people who are now out of a job are going to do when all the other places are closing down and no one is hiring.