Time to Call Our Bluff

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An invitation to withdraw our consent from current economic leadership and do what needs to be done

bluff, to deceive or seek to deceive by concealment of weakness or show of self-confidence or threats (orig. in poker to conceal poor cards). – call someone’s bluff to expose or challenge someone’s bluff (Chambers Concise Dictionary)

“Words ought to be a little wild, for they are
the assault of thoughts upon the unthinking.”
J.M. Keynes

The news is filled with stories of nations on the edge of economic collapse, going with a begging bowl to the financial markets, European Union and International Monetary Foundation for billions of dollars of “rescue package”. Should the markets or institutions be gracious enough to lend them the money (which must be repaid with significant interest), the countries must introduce a package of “austerity measures” to get their economy “back on track”. To please the High Lords of the global economy, funding is cut to public services, people are made unemployed, subsidies for the environment and international development are slashed – all in the name of “getting our economy back on track”.

But what are we actually talking about here? Do we need to go along lemming-like with the commands of the current economic priesthood? Or could we start questioning the consensus reality, testing its integrity and authenticity, seeing if the emperor really has any clothes? Continue reading