The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.
Monday, August 6, 2012
Spectacle 2012: Peak Denial
What good is a collapsing global financial system without spectacle to distract the masses from the catastrophe unfolding in plain view. Something for everyone...except reality of course.
Labels:
market collapse,
SHTF