Ponzi World (Over 3 Billion NOT Served)

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.

Thursday, December 4, 2014

"Dude, Where's the Economy?"

A Toast to Third World Convergence:

An economy exchanged for $18 trillion in national debt

(9% compounded annually since 1980)

Net Exports versus U.S. Debt

Short-term profits in exchange for good jobs

Profits, GDP, Wages

Shock Doctrine Visualized:

Beggar Thy Neighbour and Thyself

And for China's part, they gained trillions in unsecured worthless IOUs, profit margins 1/30th of Western companies, a minimum wage 1/10th of developed countries, pollution that is 50x higher than what is deemed safe, dozens of empty "ghost" cities, the world's largest real estate bubble, half of all wealthy citizens trying to leave at all cost, safety nets installed around buildings to prevent suicides, a stock market at 2007 levels, and thousands of factories that will soon be idled.

Globalization: History's largest mass delusion