Tuesday, May 17, 2016
The Madoff Moment: Sustainability Is The Future
Denialism is abdication of responsibility. Pursued at all cost by an infantile society dedicated to self-bankruptcy...
The infinite Ponzi growth models underlying Globalization are self-imploding in broad daylight. The circus clown leaders in government, economics, media, and corporations, will be the last to know. This society has employed every gimmick known to man, and a few never before attempted, to plunder their own grandchildren just to maintain the status quo for a few more quarters. Upon final implosion there will be nothing left to bail out. Since 2008, every asset class and sector has been systematically pulverized at 0% and fed into the hopper of Globalization. All that is left is the hollowed out Dow edifice supported by 4x overvalued recession stocks which are now leading the way down.
Seven years of American Idolatry ended with extreme dislocation in 2008. Seven more years of Kardashians will end with far greater dislocation this time. The plastic fantastic don't have the slightest inkling that they're the problem that is about to get fixed.
Darwin was right...
Posted by Mac10 at 7:00 PM