shits turning feral out there. Just in time food supply chain may have made supermarket barons uber wealthy but the fragility of such a risky approach is now apparent.
The problem is not the virus, even though it is a nasty little bug to contract for many, it is the whole modern way of life. The production, distribution, economic, bureaucratic governance and especially socialistic healthcare systems in the western world are highly vulnerable to the disruption of a global pandemic. No one knows how this ends yet. Not to mention the financial system was on borrowed time due to prolonged malfeasance and mismanagement compounding a demographic anomaly leftover from WWII.
I don't know if we are at the 'blood in streets' point yet. It feels like the civil unrest phase is just beginning. Calls to close the equity markets is a significant milestone though. Institutional panic is almost breaking through to the surface, that is a rare occurence. I think that will happen more and fuel a wider panic in people who hold ultimate faith in institutions, although there is good evidence many of these are now mostly irrelevant, ineffective institutions, failed entities established in a bygone era.
A loss of faith and confidence in the modern way of life is the biggest hurdle psychologically that needs to be surmounted here. After that the denial, anger, grieving and ultimately acceptance of the new paradigm of possibilities and opportunities can begin. I'm optimistic the whole evil ways of the past can collapse and be consumed in a giant inferno and we can move ahead peacefully, but war is an ever present threat.
The problem is not the virus, even though it is a nasty little bug to contract for many, it is the whole modern way of life. The production, distribution, economic, bureaucratic governance and especially socialistic healthcare systems in the western world are highly vulnerable to the disruption of a global pandemic. No one knows how this ends yet. Not to mention the financial system was on borrowed time due to prolonged malfeasance and mismanagement compounding a demographic anomaly leftover from WWII.
I don't know if we are at the 'blood in streets' point yet. It feels like the civil unrest phase is just beginning. Calls to close the equity markets is a significant milestone though. Institutional panic is almost breaking through to the surface, that is a rare occurence. I think that will happen more and fuel a wider panic in people who hold ultimate faith in institutions, although there is good evidence many of these are now mostly irrelevant, ineffective institutions, failed entities established in a bygone era.
A loss of faith and confidence in the modern way of life is the biggest hurdle psychologically that needs to be surmounted here. After that the denial, anger, grieving and ultimately acceptance of the new paradigm of possibilities and opportunities can begin. I'm optimistic the whole evil ways of the past can collapse and be consumed in a giant inferno and we can move ahead peacefully, but war is an ever present threat.
Surreal.
