{"id":10795,"date":"2015-08-06T06:37:12","date_gmt":"2015-08-06T11:37:12","guid":{"rendered":"http:\/\/olduvai.ca\/?p=10795"},"modified":"2015-08-06T06:37:12","modified_gmt":"2015-08-06T11:37:12","slug":"deflation-debt-and-gravity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=10795","title":{"rendered":"Deflation, Debt and Gravity"},"content":{"rendered":"

Deflation, Debt and Gravity<\/a><\/h3>\n

Far too many people have already used lines like \u201cWe Are All Greeks Now\u201d for the words to hold on to much if any meaning by now. But it\u2019s still a very accurate description of what awaits us all. Just not for the same reasons most who used it, did.<\/p>\n

No, I don\u2019t really want to talk about Greece again. I want to talk about where you live. And about how similar the two will be not too long from now. How Greece is holding up a lesson and a big red flashing warning sign for all of us.<\/p>\n

Greece is the mold upon which all of our futures will be based. Quite literally. Greece is a test tube baby rat.<\/p>\n

Greece will never \u201crecover\u201d to our North American and Western European economic levels (if ever they were there). Instead, it\u2019s us who will descend, \u201cuncover\u201d so to speak, to the levels Greece is at today. That is baked into the cake, that is inevitable, and that is therefore what we need to be ready for.<\/p>\n

If we wake up in time to this new reality, we may, and that\u2019s still only may, be able to prevent the worst, prevent something akin to the same punitive measures the Troika has unleashed upon Greek society, fully wrecking it in the process, its healthcare system, the safety nets for its most needy.<\/p>\n

We may find a way to make a smoother transition from here to there if we prepare in time. But that\u2019s the best we can do. As societies, that is; individual fates will vary.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Deflation, Debt and Gravity Far too many people have already used lines like \u201cWe Are All Greeks Now\u201d for the words to hold on to much if any meaning by now. But it\u2019s still a very accurate description of what awaits us all. Just not for the same reasons most who used it, did. No, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1885,63,124,195,202,2873,7898,1167,7900,7899,690,5177,2868,7883],"class_list":["post-10795","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bail-outs","tag-banks","tag-central-banks","tag-debt","tag-deflation","tag-disaster-capitalism","tag-global-banking-system","tag-greece","tag-political-influence","tag-political-power","tag-risk","tag-the-automatic-earth","tag-troika","tag-warning-signs"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10795"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10795\/revisions"}],"predecessor-version":[{"id":10796,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/10795\/revisions\/10796"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}