Message to Policy-Makers: Stop Pretending
The world economy is a colossal Ponzi Scheme in which a fortunate few at the top reap the vast majority of the rewards while those further down the pyramid eat the bread crumbs falling off the table. This scheme has been fueled by unprecedented greed and gluttony, widespread ignorance and record levels of debt. We have now reached the point of inescapable economic collapse that will decimate the Western economies and cause unprecedented anarchy and geopolitical conflict.....
I have no faith that the policy-makers will ever balance another budget again or stop with their phony extend and pretend political games; however, reality is inevitable and time is running out on the debt-sponsored global Ponzi. Once we hit the inevitable Minsky Moment, the illusion-formerly-known-as-the-economy will collapse for good..... ...............KWN
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