Sunday, 19 August 2012

Deep Crisis

The phase of the latest global crisis that began with some spectacular financial explosions in 2007-2008 is still with us. Now even the insect species has begun to get worried, as revealed in the latest Financial Times story headline: Caterpillar warns on global uncertainty.

To the best of my knowledge, insects receive neither pensions nor welfare payments. Nor do they have public sector jobs; nor do they depend upon the largesse delivered by the imperialist state in which they may reside. But you would have to be more dense than a 10-ton digger not to notice the intractable trouble.

Tony Norfield, 19 August 2012

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