Dude. The stock market is down...like...really a lot. I have nothing in particular to say about this except "Wow!" And "Go, Congress," I guess.
We live in Interesting Times.
I wonder what will happen. I am deeply conditioned to expect Nothing Muchâ„¢, to disbelieve the possibility of global socioeconomic collapse, and to feel ridiculous even saying the words. But. I am beginning to suspect that the rules governing my expectations are losing their purchase, their ability to continually produce and reproduce this kind of blase faith in the momentum--nay, the perpetual motion--of our systems of governance and modes of production. Jon Stewart recently broadcast a funny little bit about this using Wile E. Coyote's principle of causality, which is based on the idea that recognizing and/or acknowledging the untenability of one's position is the thing that initiates one's subsequent fall. So long as the Coyote believes he's on solid ground, and behaves accordingly, he averts disaster. He only falls when he looks down, and then waves bye-bye, with a visible gulp, to the viewer. Is it the blase faith that keeps the momentum up, that perpetuates the motion? I think maybe. But of course it's more complicated than that. Ideology and materiality interact and produce each other; it's not a one-way street.
I guess we'll see what happens, but I suspect that people will be discussing these ideas in the days to come.