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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Saturday, November 5, 2016
Corporate Profit Is Coming Home. Hungry.
Darwin was right. Those who don't know what's on the menu, are the menu... Global GDP with Corporate profit yield: