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, November 3, 2015
"Corruption As Usual"
When a society openly accepts:
Moral Hazard (bailouts)
Mass layoffs to fund stock buybacks Zero accountability for financial malfeasance
"Keynesian" Bombing Campaigns
Bought elections Rampant denialism aka. abdication of responsibility
Then they've decided they don't want to know when it's all ending. Cynicism comes at a heavy cost.