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.
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Friday, January 30, 2015
Globalized Catastrophe
The BRICs are Falling like Bricks
Brazil
Russia
India
China
The 2008 "Recovery" Visualized
$CAD, Russian Stocks, U.S "Inflation", EM Currencies, All Commodities
Our ability to exploit the rest of the world in perpetuity, is coming to an abrupt ending.
