Tuesday, October 13, 2015

Globalization Runs On Blind Arrogance

The Idiocracy is about to get marked to market, in human history's biggest margin call. 2008 was so much fun they decided to double down on the impossible...

The Muppet Masters running this colossal ponzi scheme haven't figured out that you can't take out the foundations of the pyramid without it collapsing:

The third (and last) wave of the financial crisis is underway:



Globalization is a self-serving fake cult of superiority premised upon the insolvent delusion that there will always be redundant arrays of disposable peons and factory slaves to serve every mass consumption whim of a thoroughly bankrupt Idiocracy, too fucking stupid to realize how stupid it is...now printing money in a pathetically futile bid to propagate the self-delusion of fake wealth. A strategy that even Madoff himself never considered i.e. diluting share count against non-existent assets. Next contemplating negative interest rates, having run out of every other Harvard-fabricated gimmick to bankrupt its own children...




It's a long fall from delusion to reality, especially for the blind tools gleefully Black Swan diving into pavement. 

The real question on the table at this late juncture is who and what survives the fall.

One thing we know for sure, the deck is going to get re-shuffled...