THE COALESCENCE

How Powerful Evolutionary Forces are Transfroming Seven Billion Individual Humans Into a Single Harmonious Social Organism

“You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” — R. Buckminster Fuller   ()>)(      
“Imagine there’s no countries, it isn’t hard to do; nothing to kill or die for, and no religion too. Imagine all the people living life in peace.” – John Lennon ()>)(
“Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” — Margaret Mead   ()>)(
“Now there is one outstanding important fact regarding Spaceship Earth, and that is that no instruction booklet came with it.” – R. Buckminster Fuller   ()>)(
“The finally victorious way of looking at things will be the most completely impressive way to the normal run of minds.” — William James    ()>)(
“The greatest challenge to any thinker is stating a problem in a way that will allow a solution.” – Bertrand Russell          ()>)(           
“The desire to question and change things comes from the healthiest part of you.” – Gene Tashoff           ()>)(
“The essence of The Coalescence is connectivity.” — Walter Szykitka                ()>)(
“The answer, my friend, is blowin’ in the wind.” – Bob Dylan                ()>)(
“This ain’t no foolin’ around.” – David Byrne                ()>)(
“Money is the root of all evil.” – Jesus                ()>)(
“Love conquers all.” – Virgil                ()>)(
“All you need is love.” – The Beatles            ()>)(
“Music will be thefinal uniter.” — Walter Szykitka

HOW DEBT SAVED CAPITALISM – TEMPORARILY

All this bad-mouthing of debt is downright ungrateful. The criticism of individuals and governments who can’t seem to live within their means ignores the fact that if they had not gone into debt the economy would have ground to a halt a long time ago. It’s debt that keeps the capitalist Ponzi scheme going. As long as the Federal Reserve continues to pump money (and debt) into the economy, collapse will be avoided until …the amount of debt becomes so great that the lenders lose confidence in their own scheme, as they are now beginning to do. While all the talk right now is on debt, what seems to be forgotten is that the other side of debt is somebody else’s wealth. While the US Government is $14 trillion in debt, that $14 trillion shows up as wealth on the books of individuals and institutions who are holding that debt.  The problem arises when the borrowers are no longer able to pay the lenders as promised. In a few weeks, the US Congress will decide whether to permit the government to increase its total indebtedness. If it refuses, there may come a moment when a bill, note or bond comes due that the government is not able to redeem, which would be calamitous for future borrowing. But if we did get through that test and the Congress did authorize further borrowing, the next text would be whether the government would continue to attract lenders. The question is, How much longer will debt continue to grow and thereby keep the Ponzi scheme going?

Until then, let Janis Joplin tell you all about free as she sings about “Me and Bobby McGee.”

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