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, April 10, 2018
Time For Keynesian Bombing Of Foreigners
One year ago this week Trump launched a tomahawk missile attack on Syria in response to a "chemical weapons attack" on civilians. Just like the one that was staged this week. Couldn't they at least change up the dates a bit? I would trust the CIA a bit more if I knew they weren't responsible for starting the civil war in the first place. Trump was even liked on CNN that day: "Donald Trump just became president"- Fareed Zakaria
The one thing that has been missing from this Roman Circus over the past year, was a good war. By this time in his presidency Bush had already launched one war and was inventing an excuse for his second one - the one that destabilized the Middle East, leading to the civil war in Syria. A fortuitous chain of events for the Military Industrial Complex. Nevertheless, compliments of massive defense budget increases, and constant chest pounding, the defense company stocks have become ever-more overbought and over-owned. Just waiting for the bomber-in-chief to pull the trigger.
War is the ultimate recession trade. When a president can no longer wring monetary concessions via the standard legal process, the only avenue left is executive order.
Well now it appears, bulls finally got what they have been waiting for:
Nation-building by Lockheed Martin: Kobane Syria after it was liberated by allied air strikes