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.
Thursday, September 24, 2015
Party Like It's 1929
The Social Mood leading up to the 1929 crash was one of mass denial as well...Everyone drinking the Kool-Aid. A necessary and sufficient pre-condition for a surprise collapse, in broad daylight... "Four Must-buy stocks, including Exxon..."