Now that nobody believes in our faith-based economy anymore, we’re out of pretend trillions! No use trying to figure out what’s wrong, we can just drown this bear market in more fake money!
This is obviously working, since the Dow Jones was up today. Do you believe again yet? Try harder.
Some countries in the EU are lobbying to back off their climate goals with the financial crisis as an excuse. Not that they’ve really been meeting these goals before the crisis, but hey, now they need to buckle down and make all that money back. We don’t have time for the environment.
The response to this financial crisis is like a bad dream. I’m hoping I can wake up and get back to a sober, reality-based reality if I just yell at the news hard enough.
At least some people are thinking about ways to rebuild this whole rotten system. Check out the Huffpost interview with Van Jones, green jobs advocate and new author. His arguments make so much sense, it’s like I actually get to wake up when I’m reading him. Then, dig this bit on natural vs. financial capital, and how putting real value on natural resources could reshape the world economy. Feel better? I do.
Not enough to turn the nightmare off yet, but we won’t ever leave this crisis if we don’t remake our finances to reflect our role on this planet. Suggestions welcome.