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.
Tuesday, August 18, 2015
NO WARNING: NeoCon "Keynesians" Always Peak Last
Aug. 18, 2015 Via: ZH/Liberty Blitzkrieg:
Bernankenstein warns that a slow down in blowing up foreigners, could hurt the "Conomy"
Because taxing families trying to make ends meet, to buy drone ordinance deployed on Pakistani villagers, has a much higher fiscal "multiplier" effect than buying groceries.
They don't ring your fucking bell at the top...
General Dynamics:
But...we don't know if this latest peak, is "the peak"...
General Dynamics with Inventory-to-sales ratio aka. recession leading indicator...
Printing trillions to inflate billunaire wealth, borrowing untold trillions for the Military Defense Complex on a 35 year basis, outsourcing the economy, and giving a tax cut to the ultra-wealthy. The NeoCon "Keynesians".
Tax the poor to give to the rich, just like Keynes recommended.
Keynes' mistake was not anticipating the Idiocracy.
"NO WARNING" other than the past six year hallucination.