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, July 29, 2016
All Aboard The Asinine Farce aka. "ObamaNomics"
Friday's gross domestic product reading fell below even the dimming hopes on Wall Street. The 1.2 percent growth rate in the second quarter combined with a downward revision to the first three months of the year to produce an average growth rate of just 1 percent.
In total, it was far below the Wall Street forecast of 2.6 percent second-quarter growth
FULL RETARD:
"We called it Circle-Jerk-o-Nomics. You wouldn't understand it"