Diversity

From Der Spiegel:

05/06/2010


The Mother of All Bubbles
Huge National Debts Could Push Euro Zone into Bankruptcy
http://www.spiegel.de/international/europe/0,1518,693317,00.html

...And the global financial world would be faced with a new Lehman Brothers, the American investment bank that collapsed in September 2008, taking the global economy to the brink of the abyss. It was only through massive government bailout packages that a collapse of the entire financial system was averted at the time.

So the banks throughout the world are set up like a line of dominoes, except that China's financial system is not as thoroughly integrated into the rest of the world's.

A lack of diversity means that when the population gets sick, all will be infected, for the entire group is similarly susceptible to the illness. Also, such promiscuity as envisaged by globalization leads to disease. The entire structure was based on the quaint belief that Western Capitalism did not carry the seeds of it own destruction within itself, such as had Communism. It was inconceivable that instead of leading the world into the new millennium, it might actually bring the world to a new Depression: the light that failed... the sequel.

What would people have said, or still yet may say? How could a loving, kind Economic System have let such evil happen? Why, there is no Economic System ! We shall be agnostic in our economics. Such are the songs we shall sing when our technology exhausts everything, and there is no diverse populations to take over; we will  collapse into a singularity.