The lies are not just accepted, they are mandatory. The new Sodom and Gomorrah is like a cynical whore, infinitely for sale. Religion itself, reduced to just another multinational enterprise, competing for market share - giving tacit blessing to the de facto Globalized exploitation scheme. All of which, is a dead-end experiment in "rational self-interest" taken to its logical conclusion, resulting in a consumption-addled Borg with its future dwindled to "Now". In a transactional society no one owes anyone anything therefore everything and everyone is for sale. Selling fellow citizens into permanent destitution is considered "good business" and "synergistic".
Half of all Wildlife Destroyed Since 1970
The biggest lie of course is that any of this is the least bit sustainable. In 1970 the global human population was 3.6 billion, today it's 7.3 billion, so the population doubled in 40 years while half of all wildlife was destroyed. And of course, the trend is accelerating, so if our children have twenty years under the current mass consumption paradigm, we would be "lucky". Still, few if any economists see any problems with the status quo, because they know less than nothing about the planet's ecology. Like the ever-expanding ponzi debt, the environment is conveniently not a limiting factor in their extrapolation of the impossible into the indefinite future. Even at this late juncture, they still pretend that the consumption lifestyle is globally attainable, when Third Grade math indicates it's not sustainable across the developed world much less scalable across 7.3 billion.
Third grade math indicates that the status quo is done
The ratio of humans to wildlife has grown 400% using 1970 as a baseline. Currently 80% of humanity lives on less than $10/day, with 3 billion people living on less than $2.50/day, so will this model scale? No.
"The end of the world only comes once, and there's no way to profit from it"
Getting back to the illusion-formerly-known-as-the-economy, the fundamental lie of this era is the assumption that all debts will get repaid. Once that lie gets tested again, across all Ponzi borrowers worldwide at the same time, then this charade will end suddenly and violently. In the meantime, the finance industry is totally blind to the ever-mounting deflation because they haven't figured out how to monetize it. No gold bars to sell and everyone knows that at 0% interest, "cash is trash". Ironically, the zero percent interest rates themselves, result solely from "synergistic outsourcing", aka. imported deflation. Contrary to today's denialistc "conventional wisdom", Central Bank monetary expansion doesn't lead to wage deflation - it's the exact opposite way around. The role of today's ever-expanding money supply is merely to paper over the fact that the economy, such as it once was, is already largely gone. The Japan disaster attempted on a global scale.
Half of all Wildlife Destroyed Since 1970
The biggest lie of course is that any of this is the least bit sustainable. In 1970 the global human population was 3.6 billion, today it's 7.3 billion, so the population doubled in 40 years while half of all wildlife was destroyed. And of course, the trend is accelerating, so if our children have twenty years under the current mass consumption paradigm, we would be "lucky". Still, few if any economists see any problems with the status quo, because they know less than nothing about the planet's ecology. Like the ever-expanding ponzi debt, the environment is conveniently not a limiting factor in their extrapolation of the impossible into the indefinite future. Even at this late juncture, they still pretend that the consumption lifestyle is globally attainable, when Third Grade math indicates it's not sustainable across the developed world much less scalable across 7.3 billion.
Third grade math indicates that the status quo is done
The ratio of humans to wildlife has grown 400% using 1970 as a baseline. Currently 80% of humanity lives on less than $10/day, with 3 billion people living on less than $2.50/day, so will this model scale? No.
Getting back to the illusion-formerly-known-as-the-economy, the fundamental lie of this era is the assumption that all debts will get repaid. Once that lie gets tested again, across all Ponzi borrowers worldwide at the same time, then this charade will end suddenly and violently. In the meantime, the finance industry is totally blind to the ever-mounting deflation because they haven't figured out how to monetize it. No gold bars to sell and everyone knows that at 0% interest, "cash is trash". Ironically, the zero percent interest rates themselves, result solely from "synergistic outsourcing", aka. imported deflation. Contrary to today's denialistc "conventional wisdom", Central Bank monetary expansion doesn't lead to wage deflation - it's the exact opposite way around. The role of today's ever-expanding money supply is merely to paper over the fact that the economy, such as it once was, is already largely gone. The Japan disaster attempted on a global scale.
Extend and Pretend is an elevator ride into the abyss
There can be no warning that the status quo is ending, because life without Third World exploitation would be the end of life itself.
The lies ARE obligatory, if only to expedite collapse
There can be no warning that the status quo is ending, because life without Third World exploitation would be the end of life itself.
The lies ARE obligatory, if only to expedite collapse
