What to write.

This is a new idea for me here instead of writing about an ex-girlfriend and other depressing shite I am probably going to ramble about life the universe and everything that pops into my mind over the course of my life; an example of which is the economy and polotics.

We all know that the world wide economic situation is bad but most media outlets I have access to keep referring to it as a depression when in reality it is closer to a depression on the same lines as the great depression of 1929, there are differences however between this one and the crash of '29 the cause being one. In '29 it was the unregulated stock market speculation and cheap credit while this one was an unregulated housing market exacerbated by the sub prime market in the USA, giving mortgages to people who had no hope in hell of paying those mortgages off in either their lifetimes or those of their children. The ball for the current situation was started by the rise of the New Right in the 1970s and '80s and the subsequent deregulation of the economies of the west, Now any half wit with the most basic understanding of economics could tell you that basing an economy on consumerism is a bad idea, and basing the same economy on one item alone is downright fool hardy but the right wing lessee fair attitude to the free market allowed this to happen. The willful disregard for the tragedy and subsequent world war that followed the crash of '29 was at best an act of stupidity at worst an act of criminality on a scale not seen since 1945.

This being said the current situation can be fixed, but only by Keynesian economics for the time being and a thorough enactment of the 1941 Beveridge report. The welfare state as envisaged by Sir William Beveridge can only work with a 100% employment rate and with a true living wage so the state has enough money to pay for itself and prosper.

Its strange to think that I think this way but I do, everybody needs a hobby I suppose mine just happens to be Social Sciences along with religion and politics. I'll explain more about myself as time goes on.