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.
Monday, November 16, 2015
The Last Temptation Of The Idiocracy
0% interest rates combined with artificially suppressed volatility, have encouraged MAXIMUM risk taking right into recession...
Hedging is not allowed in the Centrally Planned casino