The Austerity Monster

It’s about time someone punched that austerity monster right in the nose. Go Greece Go! If they were smart and brave they’d give the EU bankers the metaphorical finger, renounce their debts, re-issue their own currency and re-organize their economy from the bottom up. Someone’s got to get this whole world-wide revolution underway. Why not Greece? Spain might join the cause and renounce its own debts and issue it’s own currency as well. Then maybe Italy? Why not? Before you know it, the euro would collapse and all the individual countries in Europe would be forced to issue new currencies and re-organize their economies. The pendulum has been swinging in the direction of globalization for a long time now and it’s about time for the pendulum to swing back towards localization. The only way that can realistically happen is through the democratization or localization of the money supply. If Greece, through its intransigence, does manage to bring down the Euro, maybe some smart young whipper-snappers here in these United States will get their heads filled with bright ideas and declare economic independence for their state or region and issue their own alternative currency. Can’t you just imagine the court battles, the long impassioned debates and the irrationally screaming pundits? And once Vermont or Texas or Oregon has it’s own money, another state will do it and then another. Before you know it, the entire structure of the world wide capitalist system will collapse beneath the weight of it’s competing currencies.

That is my optimistic thought for the day even if it is not likely to occur. In the real world, the Euro is backed by NATO and the dollar is backed by the U.S. Military. And those two institutions have all sorts of ways to apply pressure to reluctant governments. Indeed, the tendency now is for smaller national currencies to be subsumed by larger, more powerful currencies. Some would even suggest that US foreign policy is designed ultimately to achieve the goal of establishing the dollar as the single dominant world wide currency. Is that really what the whole game of international relations and perpetual war is all about? An empire of dollar bills? Accordingly, Greece will probably buckle beneath the weight of economic stress and sell out to the EU banker demands. But hey, I can always keep my fingers crossed and hope.

For me, at least, hope usually happens in the form of metaphor. It’s Greece after all, the perfect setting for an epic clash…

Staring at the monster praying for a chance. All you need is one shot. A single hook right across the jaw. Take the bastard out.

It’s teetering on its hind legs as it is. Injured and delirious; the beast stumbles about in a frantic daze swinging madly in all directions. Too much is going on. The monster is juggling too many hot hand grenades. The aggressive flailing claws are burning; the interior supporting infrastructures are collapsing. Things are breaking loose. The center is not holding. The beast is crazed and swirling out of control. It seems ready to go down down down. All it needs is one good shot to take it out completely.

Then, finally, we can begin again. From the rubble of now, an idyllic future is born. The problem is, of course, the transition… The crazed and angry monster is not likely to go down peacefully. It may get ugly. How do we get from here to there?

Live well.

And have a very happy day.

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