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Why Me? The American Miracle

There is a historical interest article beginning to make its rounds this week delineating a comparison between the ship survivors on the Titanic and the Lusitania. Probably the most interesting in the free literature is the Discovery article, but for those with ten dollars to spare you can get the original from the National Academy of Sciences.

So far, we might conclude the ships of nation states around the world are economically in a potentially perilous position of sinking. From our leadership we hear that such a catastrophe is impossible. So too were the passengers on the Titanic until that pesky natural iceberg forever altered their reality. Then just three years later, no one on the Lusitania believed that a man caused disaster, the small German u-boat torpedo, could sink the ship in just 18 minutes.

The problem with political leadership is that they have a vested interest in projecting the past into a rosy future. If our ship had a hole in it, we have now by our own ingenuity and skills fixed the problem and we are again full speed ahead. Of course if some might ask the question, “Where are we going?” they are met with scorn and ridicule for being a conspiracy theorist, or a primitive common human, not highly evolved to understand the pleasures of a fantastic ocean voyage.

At Wonder Springs we speak a lot about the world being afloat on an ocean of non-energetic debt money. Just as in the “Rhyme of the Ancient Mariner,” there is money, money everywhere, but none of it can you drink. Of course we are told that if we just have hope, someday a few drops of good money will trickle down to us, but just as with seawater, it is undrinkable and the salinity is such that it can’t be used to grow anything, or abstractly create wealth.
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