07 October 2008
more commentary linked on flickr
What, oil wasn't trading today? And look how much oil has gone down. I don't know why it doesn't show a change - but I have seen it like that a lot. Do you know what's up with that?
Dow down by over 5%. Overseas markets in even worse shape.
This market fluctuation is ominous. It bears all the markings of a serious economic depression.
What is the problem with a stable economic plateau? Why does it always have to be about growth?
You know what in nature just keeps growing without limit? - Cancer cells. One or two cancer cells won't kill you. But a mass of them will.
This reckless pursuit of growth and economic expansion is harming the planet (and living creatures.)
There is a better way.