Economic commentary May 4th 2013

[Mike]

The problem with many of our sharp economic commentators is what I mentioned above - it is impossible to use debt-system understanding/terminology alone to see above and beyond that system. Its a programming effect or byproduct of lifelong exposure to it.

Hi LQB,
I think you are probably referring to stuff that FOFOA describes and I’ve read a few of the blog entries, but haven’t delved into it deeply. Maybe the ‘The Debtors and the Savers’ post that I think you pointed out somewhere else that I am yet to read? Or is there something specific you can point out?

Thanks. Always interesting in checking out new economics blogs and different viewpoints. I just glanced at this page (Dave from Denver). I noticed a graph on the right (The Basic Fundamental problem). It is about 3-4 *years* out of date!!!. This is a bit of a red flag for me.

I actually wouldn’t worry too much about that, FWIW. The blog is free and Dave might say time, etc is the issue for such things. The value for me is his perspective and experience from being inside the system in the past and providing his perspective now for all that want to read it.

 

[LQB]

The problem with many of our sharp economic commentators is what I mentioned above - it is impossible to use debt-system understanding/terminology alone to see above and beyond that system. Its a programming effect or byproduct of lifelong exposure to it.

Hi LQB,
I think you are probably referring to stuff that FOFOA describes and I’ve read a few of the blog entries, but haven’t delved into it deeply. Maybe the ‘The Debtors and the Savers’ post that I think you pointed out somewhere else that I am yet to read? Or is there something specific you can point out?

Yes, The Debtors and the Savers post helped me out tremendously as has been expressed by many others. But each of his posts chips away at another aspect of the debt-system view so that new new bigger picture can come into view. None of these are FOFOA's ideas - as he admits. He merely puts flesh on the original info disclosed by FOA and Another 13 years ago - for all of us debt-system dummies. You can go directly to these original post archives via links on his blog site. Before doing that, though, I would recommend a thorough reading of many of FOFOA,s past posts.

 

[Gwenllian]

The problem with many of our sharp economic commentators is what I mentioned above - it is impossible to use debt-system understanding/terminology alone to see above and beyond that system. Its a programming effect or byproduct of lifelong exposure to it.

Hi LQB,
I think you are probably referring to stuff that FOFOA describes and I’ve read a few of the blog entries, but haven’t delved into it deeply. Maybe the ‘The Debtors and the Savers’ post that I think you pointed out somewhere else that I am yet to read? Or is there something specific you can point out?

Yes, The Debtors and the Savers post helped me out tremendously as has been expressed by many others. But each of his posts chips away at another aspect of the debt-system view so that new new bigger picture can come into view. None of these are FOFOA's ideas - as he admits. He merely puts flesh on the original info disclosed by FOA and Another 13 years ago - for all of us debt-system dummies. You can go directly to these original post archives via links on his blog site. Before doing that, though, I would recommend a thorough reading of many of FOFOA,s past posts.

Great thread! :)
I think I will start with the Debtors and Savers post and see how much I understand.
Thank you all.