Self-appointed thought dealers from Wall Street to Washington, are brainwashing us constantly to ignore all risk...
The Enemy Within
News as Entertainment - The Gilded Age of Bullshit
Looking back on this phony era from the future, historians will say that this was the gilded age of bullshit. B.S. has been so finely honed to perfection that it's interwoven into every aspect of society. The ubiquitous infotainment format of course is merely a necessary accoutrement to this over-commercialized era. When the truth got productized to be palatable to corporate sponsors, then all reality and objectivity went straight out the window. As I wrote recently, "Plausible Deniability is the Opiate of the Masses". It's a specious genre that allows a comfort seeking society to conveniently fashion its own conclusions, however, delusional.
Living Large Inside The Matrix
Meanwhile, the stewed masses are so obsessed with sports tournaments and reality tv shows, that they are willfully ignorant to any form of risk. Four years of headlines that so far haven't meant anything have totally desensitized the frogs in boiling water, splashing around, like it's a hot tub. Well, you get what you pay for, and this generation didn't pay for anything, instead accruing history's largest debt, the invoice for which will be presented seemingly out of the blue. I can't evince any sympathy for a morally bankrupt generation that has deluded itself into thinking that its children and grandchildren will be picking up the tab for its ongoing "guns and butter" profligacy.
Paul Krugman Meet Hyman Minsky