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, May 10, 2016
Collapse Is The Second Derivative
It's not a collapse if we all pretend it's not...
Bloated oil inventories, bloated retail inventories, bloated automobile inventories. I'm starting to see a trend here...
