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.
Friday, April 8, 2016
0% Recovery At 0% Interest Rate aka. "Shock Doctrine"
"They blew smoke up each others' asses for seven years straight, while corporations outsourced the economy for special dividends" Harvard curriculum:
10 Year, 1 Year Spread
Capacity utilization with Fed Funds rate:
We've never seen anything this asinine before...
Capacity utilization year over year
"Going out of business" visualized: Corporate profits year over year