Friday, July 31, 2015

Monetizing Poverty For Double and Nothing

The six years since the 2008 wake-up call, were used to double down on Globalization. They took the bait.

Corporations import Third World deflation (poverty) and Central Banks turn it into 0% capital for speculation. It's exactly what an Idiocracy would do, given the chance. Instead of questioning the use of 0% interest rates to fix a Housing catastrophe caused by 1% interest rates, the Idiocracy went to work monetizing poverty. 

Post-2008, the Idiocracy doubled down on Globalization:
0% interest rates, blue light specials, stock buybacks, printing money to buy stocks, Revenueless Biotech IPOs, Sock puppet politicians, Econo-Dunces with their heads in their own asses, Slumdog Billunaires, Bombing foreigners aka. "Keynesian stimulus", fracking, cross-country soccer tournaments - are all sponsored by Third World Deflation aka. child sweatshops. Which is now heading "lower", despite the greatest monetary expansion in human history without any possible comparison.

0% Poverty capital visualized:


U.S. Manufacturing jobs (blue) with corporate profits (baselined to GDP): 2001 was the year China acceded to the WTO:



The irony that oil is the weakest link between East and West, can't be overlooked.

0% poverty capital subsidized overproduction, but Submerging Markets are the marginal consumers of oil, so now the oil market is collapsing: 


Exxon Mobil with Oil 



The Idiocracy is black swan diving into pavement.

Since it's not on the Kardashians, we can assume that they don't see it coming.

And since they can't see the pavement rushing up to meet them in broad daylight, we can assume they were not meant to.




Denialism: the problem that fixes itself