Just waiting for the word 'patient' to blow-up the financial system
Wolfstreet: March 11, 2015
The current rate of profit deterioration is clearly associated with recession:
U.S. Deflation Expectations:
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.