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.
Sunday, July 30, 2017
Trumptopian Mallocation Of Capital
Why did gamblers go ALL IN this past week? Because with Obamacare repeal now dead, it's: "Tax Cut time"
Which also explains why the fake reflation trade remains bid despite the imploding economy.
The billionaire Koch brothers are attempting to drive Washington's policy decisions again.
This time, the siblings are prepared to sway GOP leaders' decisions on tax reform.
And they'll kick off their campaign this Monday, July 31, in a meeting with officials from President Donald Trump's administration
The question on the table is what will arrive first, a tax cut or the freight train?
As always, I say the freight train
"I bought for the healthcare rollback, but stayed for the plundering of grandchildren"