Economics : Jubilee

image
The Wealth
Deep and Crispin Odey
When a billionaire hedge fund manager of £9 billion worth of assets says ..”God got it right,” a certain uncertainty creeps in.
Where on earth is that coming from?
Apart from the newspaper report (sometime ago – earlier this year) which spurs this response I follow the apparent logic to obtain its relevance.
Is it from a position of revaluation?
It is coming from the Leviticus story of (our soon to depart fellow worshiper whose sermon today covers the same thing – the jubilee,
In whom we are indebted for her glorious friendship and fellowship – it will last forever) the fifty years of human misanthropic, well not quite, eremitic, well not so singular, misguided, well getting there, use of others and earths resources to accumulate and hoard, all things for and to have a year of renouncing all debt and indebtedness.
image
Counting your Chickens
Egg or Ego is that 162 ft above sea level one asks.
Jubilee
Time does not stand still. Crispin Odey, the billionaire hedge fund manager still hoards but finds hoarding a bit troublesome. You see his sense of jubilee is as though an appointed day shall arrive (hypothetically – there is no way for a moment it is foreseen to happen in his mind – God no.) as his mate of yore, James Goldsmith he relates foreseen the barely radical vision that lending works among peoples of the same classes. They then proceeded to hoard and lends and trade that hoard until, well it was fashionable to discuss once more jubilee.

No second coming or first coming but a return to forever. The cake was out of the pantry and the facts were on the table.
Debt amounts to £100 trillion sloshing about the world.
Do you want to write that off? Where shall we start? Do you take the current account look at it and say it can stand 2% say in the busted yoke economies? Then salvage growth by commodity price deflation? Well no because that would be as nourishing as as the output of one smelly fish farm when the thousands need real sustenance. You need a miracle worker and I can’t see one.
Do you write of 12% say? Well whose debt gets written off and who is the lender to who the debt has accrued to?

25% of the world debt is owed to China and well, they don’t do jubilee. They never did nor never will.
They are stuck though with high expectations for their lending returning new things. Well new things such as a emerging from poverty and hardship concerns seems as clear a goal as anyone ought to aspire too. However the loanees were a few cut from a certain cloth and they have capitalist aspirations akin to the hoarding general principles the mere hedger has been playing Monopoly money with for years.

Find a commodity and invest in its dependency on a market. So that would be oil then. Ŵell actually no when the stem of new technologies cannot be stopped from emerging and growing. So demand is to be from new societies randomly created out of wealth returning through lending and expansion of need? Such as China putting its return into wages topping up to create Consumerism Commensurate China. Bent at the knee for the mammon deity of Matthew and Luke next door to Leviticus.
It is about as productive as a Leviathan outlook spurning the whale as a digestion device and not an organism requiring space on the oceans trampoline of fortune. It makes a big splash.

Are you after a bigger splash. Well it seems as though people define tilt require it as the direction and Deep and Crispin Odey visionaries are all at a quandary trying to cast for one.

Digging out resources
They then wonder how the destructive industries took hold until they look at the location of those avarice goals and commodities lay.
If I recall J.Goldsmith liked his mining a lot. Well a great deal because it was a great deal. Pay people a pittance to extract their own mineral wealth and sell it back to them in mobile phones to ring others for a route out of the place. It’s kind of blew up in our faces round here. It’s enough to make you a green activist. Or go save a whale on a Greenpeace crusade. Or crusade for a jubilee.

You see the jubilee is here everyday. It has no sleep as it follows the sun and the breaking of bread continues while you sleep like the animals show the jubilee takes place with at a certain time of day the water bowl is visited. The drawn water is taken up and needs met for in turn another to replenish its form and it’s need. How it is managed is the nature of the optimal. The hard facts of the surface of the soil being the overgrazed or being the circularly treated replenished pasture. The jubilee allows for untending to take place. That is where the land recovers. It in Leviticus clearly shows the philosophy of permaculture to preside.

The Deep and Crispin Odey needs a bigger umbrella because their is going to be a bigger splash as he and his fellow hoarders the, Banks play odious, greed fashioned, inner mutuality, sick provoking capitalist foolery with the beast they are in the belly of.
You see currency is not one commodity. That being the ‘obtained’ truth they tripped upon, it instead is, one currency is axiomatic.

The jubilee is not alone an act of forgiveness, of sin, of debt or as commonly referred to in prayer. The daily prayer in which we speak of trespass says to us to put down our fears of human, animal or the unknown. The fear we receive is a metabolic explosion of the inner pact we have failing to be responded to by Gods instruction. Respect for others is to respect their difference. It is to respect their own path through life so different it may be for we do not live in the one place.

In the wake of the flood of apathy predicted as the outcome of the Paris Climate talks it is likely the investment needed to bring about real change to climate predictions is not going to happen, Big business, the source of most pollution and intransigence relating to energy usage. The hoarding of assets that could easily transform the process of climate change is frozen. The will does not exist and the tidal flow of melting ice at polar opposites will drown nations and create surges in immigration so far unimagined.
The Syrian crisis can be traced back to the climate activity destroying its agricultural dependency an causing national hardship.

I plea to the rich and the hoarders to reconcile their conscious in more than simple philanthropies but to turn around the motion of Climate change by acting with Governments for change and resource the Energy dependency on fuels which cause the damage in the industries producing the majority of theroblem.

It is a reality which cannot be dismissed and there are climate change scientists with solutions who must be supported.

Otherwise flood event after flood event and degree change will be the onset of this purge of the planters Eco system being done in this the Anthropocene age.

Its a given
To create a market place is to work for the conveyance of the things we can offer with the gift of giving which in return brings the things we have not. This world is the learning becomes the valuable shared commodity. Of cures for this and that. Of minerals capable of crafting living. Of setting quotas of expansion and retraction. Of setting balance of Law and Moral turpitude need be seen in the simple terms of do no harm. Of sharing happiness and relieving harm. Those are exemplary generalities. For once we begin to realise our creative metabolic need is satiated by this permaculture, dwelling as we do for many in fertile conditions, others clearly living with fertile lands out of reach can be met by not animal based proteins but mainly ‘The China Study’ plant based diet our bodies most accord with, is a time beginning.

The senses we have are like the black and blue seen as gold and white. It makes for realisation all is not as it is seen but is what it is.
Who asks why will receive the reply. God only knows.

John Graham

12 November 2015

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s