House of Paine

the beat has a repeat

 

i write it over and over....


 to what end ...

no one  wants to get
   the systemics 
          of it   all




=========================


two words are used in economics to conceal
a corporate profit motive behind a pair of household virtues 

work and save 

like the docs
call for
diet and exercise

the board room paid econ con
calls for more savings and harder longer job work 

both are often  purest pulpit turpitude 

my god they make  it sound
     like
       restraining consumption
is  a panacea
for what working harder 
can’t cure

then the shylock us to hell's back door 



when the key is neither household 
slackery on the job  
or in skill aquisition 
 nor  belt tightening 
 nor uncle's fiscal deficits 

but a profound 
north south forex tilt 

built right into the international capital export system

a super tilt 
able to push 
 high north industrial imports 
and high north trans nat overseas corporate profits 
all at once 

the only cure :

the systemic and massive 
re adustment of the two blocks (north vs south)
with respect to each other

otherwise
the slow draining away of the north's  industrial base
and its premium wage rates 
will continue 

and 
no neither  the dems 
nor the union pie cards 
 are not doing this full blast 
or staright ahead


at best 
they are bashing one culprit…china

and throwing in 
 geo political threat mongering 
as  extra juice 

as if once we settle the rmb 's hash
the rupee is …okay 
to fly low as she wishes 


motto of the day:

chronic trade imbalances ?????



its the system stupid 

the only issue should be

how in hell can we wage freaks 
stop this