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.
Wednesday, June 17, 2015
Maintain Status Quo
The denialists are fucking this up all by themselves. We can only get in the way
Maintain Status QuoTM
U.S. Liecovery expectations are now the highest in four years: 1 year Treasury yields:
