NZ is?

It's somewhat telling that we (the voting public) chose an investment banker as PM and not a rocket scientist. We value the opinions of bankers and economists much more than the opinions of engineers and scientists.

Why would anyone want to work in?

This round, we isolated the clearly reckless lending into a tier of unregulated institutions like South Canterbury. That kept the impact of the crash on the mainstream banking sector to a minimum.

I don't think we'll be looking so good after China crashes.?

Having a rowlocking good time! ;-)

We've developed plenty of technology – it's how the productivity increase from that technology has been used.

The amount of 'blue-collar' effort required to produce valuable goods steadily declined?

Well yes, but assuming the eurocollapse/chinacrash global crisis thingamajig happens and causes that stress to hit the Aussie banks. Then they'll go bust and after that we get some new banks.

Worst that happens is we lose some deposits.

But we don't have to?

No, worst thing that happens is that the cash machines stop working. And the EFTPOS, because one bank can't accept payment off another. So most people aren't being paid and can't buy food. Even if you have cash, the shops can't pay?

Or we can change banks to ones which are solvent. New banks will arise take over the business from those that go bust. Everything continues pretty much as per normal.

I think we should consider changing banks. If our savings aren't safe and there is potential strife on the horizon for Australian owned banks, we can maybe change banks?

Interestingly they may not look like banks. A lot of the functions that banks perform now can be carried out by other methods now. Do you need a bank to send money overseas? Do you need a bank to finance a new venture? Do you need?

So they are just filling their pockets while they still can?
I would not miss them if they disappeared

And, like Rob Muldoon in 1983, the usual suspects are basically saying that average NZers wouldn't recognise a current?

Poor example. This has got something to do with transonic shock waves forming on the aircraft requiring exponential increases in thrust to overcome the aerodynamic forces, rather than a lack of innovation or evolution of technology.

The technological progress is shown by?

You hear this a lot. And while I agree there is some truth in it I wonder if it isn't in part rationalisation for people getting paid large amounts for jobs that don't really contribute?

Umm, yes?

Isn't the problem the narrow nature of our undeveloped economy?

Really. I store bytes on a secure server. I then can manipulate those bytes to transfer the "value" to other people. Not sure I need a bank to do that really. I do need a secure network and secure servers.

Real physical money ... well typically I get?

So far as I'm aware, there are a plethora of alternative?

I suppose you can see a bank as a secure server where you store your bytes representing value.

But really, you can't run any kind of a business (except drug-dealing, possibly)?

(Or indeed into Bitcoin, which Doesn't Really Work).

Everyone?s favourite anarchist anthropologist explains.

It's only the latter that we could deal with by realigning our ideas. If we?

__"Then some laptop-wielding person in the corner, having performed a quick Google search, announces that this ?new? idea is, in fact, an old one; it?or at?

Attempts at Space Travel deserve a special Darwin Award when you consider that under the Space Shuttle program to get a get a 100000 kg shuttle ?up there? took a 2 Million kg ?appliance? -?

I still have issues with?

*Tom Waits

Love it, loot it and leave it...
For a viable long-term future of mankind we must be
able to leave this planet & colonise the multiverse...
Guess?

No, please don't. You are gold.

Since you ask so nicely, one for the road.

I thought the Graeber article profound and disagree entirely with the suggestions that he should have limited the scope of it to be more convincing. That very suggestion is symptomatic of much that has gone?

"But there is a problem with brainstorming. It doesn?t work."

as highlighted here:

"Although this study is often cited as evidence that brainstorming does not work, it is important to emphasize that this study did not actually test the?