Our Masters could not possibly have determined in advance what the consequences of irredeemable, at least unbacked, paper money, fractional-reserve banking and thalidomide would be.
They cannot determine ANY (actual) consequence (in advance), even when this consequence is already in the advanced stages of being obvious in reality, that is, in the advanced stages of  manifesting itself in reality.
Our Masters can only proceed to wishful thinking and believe in miracles or wonders.
Nor can our Masters, after the facts, recognise and admit their cognitive and general incompetence.

DISCLAIMER: This blogger is insane … at least by conventional standards

It’s Not a Recession, and It’s Not Over

The Mind and The Body

Nobody saw the present crisis coming.

Nobody knew that irredeemable, at least unbacked, paper money and fractional-reserve banking were bound to bring us here.

Our monetary and banking systems are broken.

Our Masters are afraid or rather ashamed to recognise that they built each of these systems as a house of cards.

Just like nobody dares to make explicit, that is, just like everybody is ashamed to make explicit, that the thalidomide warnings of Dr Ralf Voss at the 30 April – 01 May 1960 Düsseldorf congress of neurologists (1) were known eighteen months before 27 Nov 1961 when the WONDER PILL was taken from the market by its manufacturer, CHEMIE Grünenthal GmbH in Stolberg, Aachen, not by the regulators who had allowed it in the place’

Chemistry (from Egyptian kēme (chem), meaning “earth”) is the science concerned with the composition, structure, and properties of matter, as well as the changes it undergoes during chemical reactions. It is a physical science for studies of various atoms, molecules, crystals and other aggregates of matter whether in isolation or combination, which incorporates the concepts of energy and entropy in relation to the spontaneity of chemical processes. Modern chemistry evolved out of alchemy following the chemical revolution (1773), says Wikipedia

Chemical aggregates of matter connect the dots of matter.

Sathnam Sanghera argues this morning in The Times that many of the things professionals do to de-stress are focused on relaxing the body whereas de-stressing comes down to is mind control.  (2)

And the Cartesian “cogito” (I-think) exists in a vacuum?

“Mens sana in corpore sano” (a healthy mind in a healthy body) is no longer applicable?

“Corpus” (genitive “corporis”, ablative “corpore”) in Latin means “corpse” in English?
Yes, right, the former could well be the etymological origin of the latter.

Right, our monetary and banking systems have no body.

Even our Masters are ashamed of these systems.

They (the systems or the Masters? Good question!) are corpses, … thalidomide monsters.

Nothing can be connected.

It’s Not a Recession, and It’s Not Over—Richard Posner
August 9, 2009
http://www.becker-posner-blog.com/archives/2009/08/its_not_a_reces.html

And we wonder how the heck we got there …

Of course, the reactions could not be predicted, say our Masters …

Not only economics is a dismal science because of the pessimistic though insightful economic theory of Thomas Malthus. (3)

Chemustry is also a dismal science.

Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/

NOTES

(1)
Chronik des Conterganfalls
Tragödie – Katastrophe – Skandal?
http://www.wdr.de/themen/gesundheit/pharmazie/contergan/chronik.jhtml?rubrikenstyle=contergan
30. April/1. Mai 1960:
Auf einem Neurologen-Kongress in Düsseldorf berichtet der Neurologe Ralf Voss über die Nervenschädigungen, die seinen
Beobachtungen zufolge durch Thalidomid verursacht werden. Die Forschungsabteilung von Grünenthal versucht daraufhin, die Nervenschädigungen an Ratten zu reproduzieren – ohne Erfolg. Grünenthal-Forschungsleiter Mückter schließt daraus, dass es sich um besondere Situationen handelt, für die Contergan nur selten als Ursache infrage kommt.

(2)
From The Times August 10, 2009
I can’t stress this enough . . . no, really, I can’t
Sathnam Sanghera: Business Life
http://business.timesonline.co.uk/tol/business/columnists/article6789183.ece

(3)
Richard A. Posner A Failure of Capitalism
Economists on the Defensive–Robert Lucas
Aug 9 2009, 4:26PM
http://correspondents.theatlantic.com/richard_posner/2009/08/economists_on_the_defensive–robert_lucas.php