What we are witnessing in every direction is moral and intellectual bankruptcy on an historically unfathomable scale. 7.3 billion people have entrusted their lives to total fucking baboons.
Proven morons who are attempting to solve a problem they created, by applying yet more of the same asinine policies that created the problem in the first place. Intellectual dunces who should know full well that monetary and fiscal policy can't "fix" a secular trade deficit. Like sawing off your leg and covering it with a band-aid. The entire history of human experience passed down to arrogant mental midgets.
The Soylent Idiocracy is swan diving into pavement, stoned on junk food and junk culture. Unaware that their trusted psychopaths are out of tricks.
Why is this taking so long?
It's not. It's ending in every fucking direction, attended by rampant denialism. The old age home doesn't want to see it coming.
And they won't. They'll be a stain on the fucking pavement.
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.