“Ordinarily, if an average man comes face to face with the nagual the shock would be so great that he would die. The goal of a warrior’s training is not to teach him to hex or to charm, but to prepare his tonal not to crap out ... You call it explaining. I call it a sterile and boring insistence of the tonal to have everything under it’s control. Whenever it doesn’t succeed, there is a moment of bafflement and then the tonal opens itself to death. What a prick! It would rather kill itself than relinquish control. And yet there is very little we can do to change that condition.”
Carlos Castaneda

Tales of Power

Euro as “Creative Destruction”

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Can it be that the Greek (and Portugal and Spain and … ) crisis is inherently built into the design of the Eurozone?

“The euro would really do its work when crises hit … Removing a government’s control over currency would prevent nasty little elected officials from using Keynesian monetary and fiscal juice to pull a nation out of recession … It puts monetary policy out of the reach of politicians … [And] without fiscal policy, the only way nations can keep jobs is by the competitive reduction of rules on business”

from the Guardian: Robert Mundell, evil genius of the Euro

 

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