“Our Russian psychosis has two curious features. Firstly, that an 80 per cent Christian Orthodox society for some reason reacts to a Mayan calendar which no one has ever seen. And secondly, that the end of the world is perceived as an economic crisis that can be survived on the banal level of consumption.”
- Russian broadsheet ‘Vedomosti’, quoted in The Daily Telegraph last Friday in an article entitled ‘Russian residents buy up tinned goods and matches ahead of apocalypse’.
Speaking of apocalypse, there is an increasingly urgent debate occurring in what’s left of the financial markets over the stability of that mountain of government debt that sets its long shadow over everything. The mountain is not localised or restricted to any one region. As befits the current economic climate, it’s global in scale and intractable in structure. As Kyle Reese remarks of The Terminator in the film of the same name, the debt mountain
“..is out there. It can’t be
bargained with. It can’t be reasoned with. It doesn’t feel pity, or remorse, or
fear. And it absolutely will not stop, ever..”
To read more,
Download The Terminator