When modern finance invented the infinite growth machine known as the publicly traded corporation, they doomed all of us to slavery. When they bolted Globalization onto this latent disaster, they created global slavery and the commodification and degradation of everything. A race to the bottom, which to everyone's stoned surprise is ending, at the bottom. Now featuring currency debasement in every direction. A Tidal wave of Third World deflation washing over the entire globe. Going into late stage overdrive, this week.
The Globalized abitrage, manifest in trade deficits and Ponzi debts, was doomed to fail from the very outset. By definition, self-imploded by its own "success" in converging everyone to Third World poverty. History's largest game of musical chairs aka. "going out of business" sale. A one time event, conflated by the ultra-wealthy to be an asinine symbol of their personal success.
When the billunaire bukkake whores bailed out this doomed catastrophe in 2008, they did so only by allowing the accumulated imbalances to grow ever larger and more deadly.
There is an ebb and flow to life. And to economies. Markets only clear, when they are allowed to. Not when Commie Capitalists, known as today's "Socialists", intervene on behalf of Bernie Madoffs to propagate their human Ponzi Schemes, to the benefit of ever fewer people.
History will not be kind:
