Wednesday, June 18, 2014

Why things have to get a lot worse before they can get any better

The "Fuck You Jack, I'm Ok" model is in overdrive

"By almost any measure, the world is better than it has ever been"(Billy Gates, Slumdog Billunaire)

From: Credit Suisse 2013 Global Wealth Report (My notations in red)

"Global wealth has reached a new all-time high of USD 241 trillion, up 4.9% since last year and 68% since 2003.

"inequality remains high, with the top 10% of the world population owning 86% of global wealth, compared to barely 1% for the bottom half of all adults."

"We expect global wealth to rise by nearly 40% over the next five years, reaching USD 334 trillion by 2018"

"Emerging country wealth growth has slowed"

Maintain Status Quo
It's not that the system is not "working" it's that it is working for fewer and fewer people. The original victims of globalization were all at the base of the pyramid. They had no voice, no representation. They don't exist. Nobody gave a damn, except a few protesters at WTO conferences. It was sales at Walmart all around.

Then the Ponzi scheme moved on to milk dry the middle class in the middle of the pyramid. They have no voice and no representation. They only have the Kardashians and ESPN. Meanwhile, the exact same Econo-dunces have been presiding over a thirty year debt-sponsored eradication of the middle class. The exact same econo-dunce ideas that created this fiasco are still in place. The Idiocratic belief is that if a dumb idea is tried long enough it will eventually begin working.

The real bottom line: the system is "working", just not for 99% of the human population.

And the "plan" to change the system, is called "Maintain the status quo"TM

Which is why collapse is both necessary and inevitable.

So. Plan accordingly.