Thursday, January 6, 2011

BACK TO SLEEP

Going Back to Sleep
January 5th/6th, 2011
last night
BBC World Service
reported how many women and girls are being raped in Haiti
in the camps
in the night I heard
that the inoperable, now flooded, coal mines in Queensland mean that the quarter of the world's
coal supplies customarily mined there has come to a grinding halt so
there’ll likely be a shortage of steel....for washing machines and cars
this morning I heard the Australian military are shipping water into the flooded area because their water plants are under water
last night I heard that Argentina has had a bad yield of corn and its one of the biggest producers of corn on the planet
and because of the US subsidizing ethanol, on top of that
coupled with reduced wheat harvests
mean there is likely a food crisis ahead
and prices are going up 
because oil is now $90+ a gallon
and in Abu Dabi
50% of the population are diabetic
but the country has a small population so it will be manageable
and Ireland and Greece and Portugal and probably Spain
are putting inordinate pressures on the Euro because their debt has not decreased in 6 months
and so that is freaking the Bond Markets who are keeping them afloat
so they’ve increased the interest rates to 3.6% something, from 1% something
or even more which makes the countries debt burden bigger and bigger
and the world increasing interdependence more and more vulnerable
and if the Euro falls apart
because Germany doesn’t want to prop everybody else up....?
it will shake global currency
and two nights ago on Charlie Rose
the blonde British editor of the Economist said the same thing about the US
if the US doesn’t face the pain and make the people pay
it will shake the global currency
because countries, goverments, are not going to want to cut wages of the people
after the people have been screwed by bank bought politicians
‘too unpopular’ -- there is, after all, an election coming up in 2012
it was a question of
domestic economy vs sticking to the gold standard --
voters dont want to pay the price
short term
so what
so when... long term
-- a month? a year? or two?
Because we’re intended to ignore these facts and successfully do
it means
this finite Planet has little more to give
Her penguins and Ring Seals and Killer Whales and Polar bears, and
Narwals who need ice to survive
are not able to cope
because ice is becoming water again
on this litle blue Earth
that is not ours
it is we who are hers.