Shattering

9 comments on “Shattering ”

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1. roblogic 1

   26 February 2020 at 12:21 am

   Anand G is the man. There's some interesting phenomena in physics and economics called catastrophe theory which I think applies equally well to ecosystems and politics. Human society is hitting multiple tipping points in the very near future
2. adam 2

   26 February 2020 at 1:34 am

   I'm hearing from friends in the US is that trump has ordered the fed to perform a back room bailout of the banks – it looks like mortgages industry has fallen over again.

   Oh the irony, trump will lose all his populist support if this is true.
3. Wayne 3

   26 February 2020 at 8:08 am

   Adam,

   Presumably after 2008 there is much greater awareness of mortgage default rates. Have these spiked, are property values falling. Because unless these things are happening then the mortgage industry is not falling over (at least not yet).

   However, there is Covid 19. I am sure the Federal Reserve will be pumping up banks so they can survive the inevitable Covid 19 recession. Even if a vaccine is developed in the next two months, the pandemic will be have grown much bigger than present. It seems to me a recession is now inevitable. Too much trade is already being affected by the effect of the pandemic, and things will get worse before they get better.
   • Bill 3.1

     26 February 2020 at 9:06 am

     lol thankyou for echoing my pet loose thought…

     Conova virus is just another "bird flu". Remember that one? Everyone was plunged into a state of panic. Then nothing out of the ordinary happened and someone in the GOP with ties to Big Pharma (can't remember his name offhand) made off like a bandit with sales of a bung antidote to governments around the world (inc. NZ.)

     As you say in your comment, capitalism's up for another fall.

     How convenient if the cause is successfully laid at the feet of a "bird-flu" that has occasioned a widespread shut-down of production.
4. Adrian Thornton 4

   26 February 2020 at 9:18 am

   Here is a good piece on the blow back for the Left from the craven 'Russiagate' narrative that consumed so many seemingly smart lefties…
5. Bill 5

   26 February 2020 at 9:54 am

   I'm assuming that vid is about how attempts will be made by National Security types to box Sanders in with regards Russia/Putin so they can continue their belligerent foreign policies…

   Meanwhile, Chris Matthews of MSNBC has issued an on-air apology for equating the Nevada win with the Nazi invasion of France.

   There's still Jason Johnston (MSNBC punter) who reckoned black women working on Sanders campaign were from "the island of mis-fit black girls" and that Sanders supporters were "racist white liberals".

   And Chuck Todd's 'brown shirts" comment…

   Anyway. MSNBC now does seem to be pivoting somewhat in a market driven attempt to hang onto audience share.
   • joe90 5.1

     26 February 2020 at 5:18 pm

     There's still Jason Johnston (MSNBC punter) who reckoned black women working on Sanders campaign were from "the island of mis-fit black girls" and that Sanders supporters were "racist white liberals".

     A black man on his concerns about a Sanders nomination.

     https://twitter.com/michaelharriot/status/1232191808320548864

     Most don’t even dislike Bernie and they definitely aren’t haters. They aren’t scared that harm will come to them, nor are they afraid of the Twitteratti…

     They just don’t want the trouble.

     I, on the other hand, have a certain privilege, so let me explain:

     First of all, even black Bernie Sanders supporters know that they have heard the conversation surrounding Sanders from relatives, friends, barbershop patrons. Most of it revolves around one truth:

     We know what white people are gonna do.

     https://threadreaderapp.com/thread/1232191808320548864.html
     • Bill 5.1.1

       27 February 2020 at 5:15 pm

       I don't know who that guy is Joe, but he misses the point by a country mile…at a few junctures. For example. Why does he use the word "however" in the following…?

       But, what a lot of white liberals fail to realize is that a lot of their skinfolk know Trump is a lying dumb, corrupt, inept prez. However, he hasn’t materially affected their lives in any way.

       Many white working class Americans voted for Trump precisely because he promised to affect their lives. That he hasn't (at least not positively) is the very reason Sanders will walk straight through Trump on his way to the White House.

       But if some folk want to keep arguing from the dead spaces of divisive identity politics, then hey…

       And btw. You know better than to cut and paste entire screeds of text. Take a relevant snippet and link to the rest in future. Cheers.
6. Adrian Thornton 6

   26 February 2020 at 10:28 am

   Max also pointed out (and I think correctly) that Sanders needs to shut down this Russian propaganda ploy in a decisive way. He can't allow himself to get into the position Corbyn did with that anti semitic troupe that was allowed to gain a real head of steam.

   But then again, the Sanders team has so far showed real flair in their display of political tactics and maneuvering in very hostile waters, so I am sure they are all over this issue.

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