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Jun 27, 2010 13:38

Frickin' stupid Joe and Judy Sixpack borrowed money ( Read more... )

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sjcarpediem June 28 2010, 05:03:50 UTC
Well, about reset buttons ; in France, for example, during the transition from monarchy to republic (which was precipitated by an untenable economic situation for the "everyday" people) that involved a terrible societal upheaval. But in Japan, throughout Heian, Asuka and Kamakura, the "everyday" people rather frequently stormed the capitol and destroyed the credit records and this caused no substantive change in their society. So this leads me to wonder if a reset actually necessitates upheaval--then again, the people in previous periods in Japan did storm the capitol to destroy these records rather frequently while the French only destroyed their monarchy once...

I have the same problem with my journal and knowing if anyone's reading. A tree falling in the woods, I suppose.

I think, working together, you and family will be able to weather what comes. At any rate, that's my hope and I don't think it's unreasonable.

They're saying, here, that the economy hasn't been so bad for the last 100 years--if we consider the last hundred years in Japan, it's a rather striking statement. For the time being I'm just trying to keep my job and not feel too dissatisfied with that or what it requires. Thank God, I'm not hungry or homeless just yet. :-)

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poetpaladin June 29 2010, 18:50:28 UTC
Seriously, they say that about an economy for 100 years? Sounds like the memory of WWII and post-WWII has disappeared...

I've tried to keep in touch in your journal, but sometimes weeks go by between when I have time to come onto LiveJournal.

I don't think these records are destroyable. Too spread out geographically, in data co-location services, etc. The plot of Tyler Durden would not necessarily succeed today.

I am glad your belly is full and your bed is warm. :)

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sjcarpediem June 30 2010, 01:46:53 UTC
Yeah, I'm really not sure how clearly those people were thinking at the time, but it's been picked up in the media and you should know how moods tend to become realities in economies... Besides, Japanese are so damned fickle/conservative that it'll take some pretty serious changes to avert it.

You're a very busy man, now, it's no wonder! ;-)

I agree, I don't think these records are destroyable. It would take an executive order/royal pardon, if you will, and even then it wouldn't be "destroying" so much as "overlooking". That or the coming of the end of the world.

It's important to keep in mind what is important. :-)

There is another theory I've heard that economies will necessarily contract as baby-boomers leave the workforce and eventually die--that is to say, I've heard some murmurs that later generations won't be able to make more than their parents and grandparents (in fact, indicators show children and grandchildren are actually getting paid less on some counts than their parents and grandparents and are certainly getting slower and smaller raises...) no matter how much they consume. Even with technology to make workers more efficient and an overall increase in education rates to make their work smarter, it's being said that that won't justify fewer workers splitting the same-sized pie...

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