Is it possible for the internet to over extend itself? Are there constraints to the internet? Is there such a thing as digital over expansion? Is there going to come a time where we will overload the internet with too much information to our own peril? How much information and digital economy can the human brain comprehend?
We speak of collapse in the sense of economic and warfare. Have we ever truly considered if there is a breaking point pertaining to the internet? Most will testify to its unlimited information. But is there any real world value to the internet? People certainly are not getting smarter or more well informed. We have basically handed our lives over to people who can control us with our own personal information.
Since the rise of the internet we have become fools detached from the basic principle of value. Many will spend an exhausted amount of income to stay connected. Without any promise of returned real world value. Our disconnection to the earth, our family, our friends, and our income is becoming obvious. Is there a point when people give up on the internet?
Millennials Are Taking Over The Internet, Not The Economy
Millennials graduating high school and college are faced with a drastically different job market than their elders. There is no sending a simple resume to a company nor filling out a paper job application. Now it is an insane mental minefield of HR hurdles combined with social networking sites. Got a LinkedIn account? How many “connections” do you have? Got a Facebook account? How many “friends” do you have? Got a Twitter account? Who is “following” you? What online certifications do you have? Do you know C+++? What apps have do you have? Do you know how to type?
Then comes the potential employee questionaire. What would you do if your boss asked you to lie? What would you do if you witnessed two employees arguing? What would be the best way to resolve conflict between employees? Have you ever lied? Have you ever used drugs? Have you ever knowingly or unknowingly broke the law? Do you think drugs should legal? Are you a smoker? Do you smoke cigarettes? Do you eat red meat? Do you know the pledge of allegiance? Have you ever been fired? Have you ever left the work force? What were your reasons for leaving the work force? Are you a fast learner? Can you code a website, fight ninjas, and cook a Filet Mignon in under 15 minutes? Who do think will get voted off American Idol this week?
The job market has swayed from “help wanted” and ” no positions available” to “Always taking applications”. Every business in America is always taking applications to pull off the facade of employment opportunities. The real truth is the pool of available work is shrinking. More businesses are closing or downsizing. Leaving only part-time low wage jobs that could be performed with less than a high school education. Even those jobs require an excessive amount of hoops to jump through and a call back time of a month.
We have distanced ourselves so far away from real production and profit we don’t realize there is no longer a productive or profitable economy. There is the illusion of a real world economy. Backed by the few on the top and Wall Street “gains” to testify to a functioning economy. What is robbing our economy further is the distance between Millennials and real jobs. Now it is 4-5 years in college then wasted time to build up a network and work numerous internships. The debt black hole of productive means keeps sucking away. Burying the Millennials further into the debtors wasteland. Right behind them are Baby Boomers and Generation Xers that have been sold the lie “You need more education”. If you are a young Boomer or older Gen X you have been sold this lie you need to go further into debt. You need more education to get out of the middle management rat race.
There is No Currency
We no longer have enough legal tender for everybody. This goes beyond what the Fathers deemed as legal tender. This is more extreme then gold or stock value. We have no currency at all. We have a digital representation of a currency backed by absolutely nothing. If deflation hits, we are absolutely screwed. Apparently Warren Buffet is worth billions. Apparently his company Berkshire Hathaway is worth billions. I say “Prove it”. There is not enough printed U.S. dollars in circulation to back up Warren’s billions. There is not enough printed currency to back up any value of Wall Street and Shareholders. Oprah Winfrey and Bill Gates are billionaire? Let them prove it to us. Let them show us their real wealth. It isn’t there.
Today’s modern billionaire and corporate monopoly elites are nothing more than equity hoarders. Equity does not equal cash. It does not equal gold. It does not represent value. It is just a word backed by nothing. The greatest offenders are equity groups. A collection of revolving digital representation of currency, circulating in a computer system, held by a group of equity hoarders. They spent their lives building equity. Trillions of numbers representing equity with no cash printed to back their claims.
The money in the bank does not exist. While the “bank runs” were happening in Cyprus many people freaked out they could not get their EU dollars, not even considering their money never existed in the first place. There was only so much money in those ATMs, with long lines around the block, of people withdrawing EU cash. The reason the banks shaved some off the top was to prop up their equity. Our bailouts of our banks served the same purpose. It was not to “save” these banks, it was to hide their non-functional purpose. Without cash there is no money. Without a house title there is no mortgage. Without proof of a loan there is no student debt crisis.
Without equity hoarders our system would have already stabilized and the dust of none value would have settled. We would have real value tied to home properties. We would have real value tied to wages. We would have real value of food, oil, and automobiles. We would not have a Trillion dollar mortgage on the Millennials futures because the money never existed in the first place. There would be no Trillion dollar credit card debt, and those lending the debt would be out of business, as well as their products of debt.
The Baby Boomers Paid into the System
The Baby Boomer generation is taking the brunt of this manipulation. As they should be sittin’ on their front porches, playin’ canasta, and sippin’ sweet tea; instead they are still debt slaves to billionaire hoarders. Their wealth will never be enough to retire. The finish line will be pushed further out of reach. Even if they are able to collect a Social Security check at the age of 65, their work and contributions would have been in vain. They paid into a system that no longer exists. They paid real cash, from real labor, into a system that turned on them.
Most of the wealth they made in their prime earning years of the late 1990′s and 2000′s never even touched their hands. If they were lucky they were able to work full time . Their wages were direct deposited into their bank accounts, 401ks, Roth IRAs, and taxes were automatically deducted. They were shown paper and computer spread sheets of these transfers. Proof of wealth existence. They then payed their mortgages, second mortgages, auto loans, and their credit card debts. What was left over could either be withdrawn from their accounts in cash or be used to purchase goods with a swipe of a card. They could automatically transfer anything else into a savings account attached to their checking account.
In the past 20 years very little cash has passed into earners hands. Yet, somehow there has been rampant inflation. This is because the billionaire and equity hoarders have shoved their fake currency into the stock market and commodities market. There is very little U.S. dollars backing these stock gains. There is very little U.S. dollars backing mortgages, auto loans, credit card debt, or student loans. The 1% has no clothes, how long before the 99% realizes it is not their fault.