Who Gets To Work For Free? The Only Question On The Table

The asinine global beggar thy neighbour and thyself race to the bottom has reached overdrive. Half of the world's population lives on $2.50/day or less so it doesn't take a fucking economic genius to know where wages will be at the end of this debasement clusterfuck. Corporate profit margins will be infinite, but unfortunately, revenue will be $0. The way the corporate man-boys planned it. Mad Men who laid themselves and everyone else off. 

This just in, Japan GDP contracts -1.6%. Despite Japan's three year policy of currency debasement, their CasinoConomy has slipped back into recession. It turns out that lowering the living standards of its own citizens to boost exports, didn't increase GDP.

This global circle jerk is reaching Three Stooges tragicomic proportions. This Old Age home couldn't admit the truth if it was shoved up their shrivelled asses sideways. They are staring at the bag of dog food in total fucking denial. Selling everything that isn't nailed down, including their children. 

A 40% currency debasement to end up back in recession. And now China has joined the debasement war, which will not be conducive to Japan GDP:

Japan Yen/dollar:

And, this just in:

"The ECB has brought record-low borrowing costs, a flood of cash and an export-boosting currency drop to the euro area, yet economic growth unexpectedly slowed last quarter." 

A 30% debasement falls short...

"Central bank policy makers have already expressed disappointment over the pace of the recovery and pledged to do more if needed"

WTF? The Idiocracy is running out of endlessly recycled bad ideas.