←back to thread

157 points robtherobber | 1 comments | | HN request time: 0s | source
Show context
BizarroLand ◴[] No.46246038[source]
I wonder why so many governments have such high anxiety right now. They're all acting like the sky is falling. Don't they know what happens to most of the chickens in Chicken Little?
replies(7): >>46246099 #>>46246332 #>>46246334 #>>46246699 #>>46246946 #>>46249978 #>>46253702 #
jerf ◴[] No.46246332[source]
In a nutshell, the sovereign debt crisis. If you don't realize there's a sovereign debt crisis (ongoing across years), or even more accurately, a wide variety of sovereign debt crises, or even more accurately, a wide variety of debt crises of both sovereign and private entities, well, your governments and some of the more government-adjacent private entities have bent a lot of resources into make sure that's the case and convincing that it's just peachy when they borrow money, if not outright a boon, without regard to how much they borrow or how much they've already borrowed. They may have convinced you that this is true, but they know better.

Whatever happens and however it resolves, there aren't a lot of options where they retain as much power as they have now for very long. (Even if the top people maintain control they're going to be cutting loose a lot of lower level elites because they'll have to because they won't be able to maintain their upkeep.) The wheel turns and we're in that phase where they're still in power, but have begun to feel their decline. Human psychology fears and feels loss much more keenly than gain and they both fear and feel a lot of loss of power underneath the veneer they maintain.

replies(1): >>46247533 #
MomsAVoxell ◴[] No.46247533[source]
My theory for your downvotes - even though you are directly over the target - is that folks in Europe would rather blame Russia than address the very real dysfunction in their own societies. In fact, I tend to think that the degree to which an individual blames Russia is directly related to their failure to take responsibility for the crimes and misdeeds of their own state.
replies(1): >>46257468 #
1. BizarroLand ◴[] No.46257468[source]
I mean, look at Brexit. Almost every single Briton was told that it's a terrible deal for Briton's, that it would raise prices and decrease the availability of goods and services in exchange for a smidge more autonomy in the global economy.

But then somebody said "them damn foreigners" and they went for it head first.