Comments on: A Pile-Up on the World’s Financial Highway http://www.contrarianprofits.com/articles/a-pile-up-on-the-world%e2%80%99s-financial-highway/14081 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: david hill http://www.contrarianprofits.com/articles/a-pile-up-on-the-world%e2%80%99s-financial-highway/14081/comment-page-1#comment-16001 david hill Wed, 25 Feb 2009 22:45:43 +0000 http://www.contrarianprofits.com/?p=14081#comment-16001 Both the solutions and the reasons why we are in this fine mess is because we do not go any further than the perceived wisdom that got us all into these disastrous affairs. In this respect we try to fix the problem by going back every time to the very people who actually got us into this whole debacle in the first place. Even Einstein said in as many words that we couldn’t solve our problems by the very means that caused our dilemma. Therefore why is it that the Media are not brought into the blame game as well as they are still even today, after all has been laid bare, pandering completely to the ill-informed wisdom of those who were and still are the culprits of this whole financial and economic disaster. This thinking of going back to those every time who have brought the world to its knees (which will happen over the next two years I am sure) is complete madness. Indeed, what is really required is new innovative thinking and outside the 'box'. In this respect, it is a well documented situation in the history of science and technology that main stream thinking was never the reason why major technological breakthroughs happened. In this respect it has been estimated that 75% of all the inventions that have made the modern world what is it is today emanated outside advanced thinkers and from the minds of independent inventors. The TV (Baird, an amateur radio ham), Jet Engine Whittle an RAF officer), the chip (KIlby had a personal private interest not ordered by the company to invent the chip as they were totally involved with tube/valve making - now the basis and driving a $1.5 trillion global annual industry), the car (Daimler a mechanic), the airplane (Wright Bros. who were mechanics), email(Tomlinson invented it for himself not the company) , WWW(Tim Berners-Lee's thinking not CERNs'), etc, etc are examples of a non-ending list. Therefore the media has to start being innovative and not be just stuck in the mud with the old guard that has got us all into this 'mother' of all messes. The sooner they grasp this and let independent thinkers put their views across the sooner we shall solve the present situation. Is the media listening, I wonder? Probably not and where they will perpetuate the whole situation by not doing so. Therefore the villains in this whole affair are, 1. Politicians 2. The Bankers 3. The Media and in that order, and why, the G20 Summit in April 09 will fail also. Both the solutions and the reasons why we are in this fine mess is because we do not go any further than the perceived wisdom that got us all into these disastrous affairs. In this respect we try to fix the problem by going back every time to the very people who actually got us into this whole debacle in the first place. Even Einstein said in as many words that we couldn’t solve our problems by the very means that caused our dilemma. Therefore why is it that the Media are not brought into the blame game as well as they are still even today, after all has been laid bare, pandering completely to the ill-informed wisdom of those who were and still are the culprits of this whole financial and economic disaster.

This thinking of going back to those every time who have brought the world to its knees (which will happen over the next two years I am sure) is complete madness. Indeed, what is really required is new innovative thinking and outside the 'box'. In this respect, it is a well documented situation in the history of science and technology that main stream thinking was never the reason why major technological breakthroughs happened. In this respect it has been estimated that 75% of all the inventions that have made the modern world what is it is today emanated outside advanced thinkers and from the minds of independent inventors. The TV (Baird, an amateur radio ham), Jet Engine Whittle an RAF officer), the chip (KIlby had a personal private interest not ordered by the company to invent the chip as they were totally involved with tube/valve making – now the basis and driving a $1.5 trillion global annual industry), the car (Daimler a mechanic), the airplane (Wright Bros. who were mechanics), email(Tomlinson invented it for himself not the company) , WWW(Tim Berners-Lee's thinking not CERNs'), etc, etc are examples of a non-ending list.

Therefore the media has to start being innovative and not be just stuck in the mud with the old guard that has got us all into this 'mother' of all messes.
The sooner they grasp this and let independent thinkers put their views across the sooner we shall solve the present situation. Is the media listening, I wonder? Probably not and where they will perpetuate the whole situation by not doing so.

Therefore the villains in this whole affair are,
1. Politicians
2. The Bankers
3. The Media

and in that order, and why, the G20 Summit in April 09 will fail also.

]]>