In chapter 4 of his book, Hurtling Toward Oblivion: A Logical Argument for the End of the Age (click link in the posting title above), Dr. Richard Swenson explains the startling phenomenon called "exponentiality." I highly recommend this little book, but only for the reader who is "not easily troubled."
As the YouTube video below demonstrates, humans must now deal with events with which they have no experience. The pretensions of central bankers, treasury secretaries and the wall street suit and tie crowd are amazing. The amount of lipstick being smeared onto the discredited Keynesian pig is astounding.
I refer the troubled viewer here here.
28 January 2009
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