View Single Post
Old 03-01-2019, 03:59 PM
Danny B Danny B is offline
Platinum Member
Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,494
Pillaging the family for profit

A corporation is simply a pile of money looking to grow larger.
A family / household is simply a money losing enterprise.
As more and more things are taken over by the corporatocracy, the family is sure to lose out. Globalism is the ultimate tool of the corporatocracy. In this article, the focus is on the growth of trans-national capital. Repost.
Due to regulatory capture, the corporation is eternal and unassailable. All of this contributes to the growth in the "pile of money". So, wages are falling. Where did this "pile of money" come from?
As of 2009, the size of the worldwide bond market (total debt outstanding) is estimated at $82.2 trillion, of which the size of the outstanding U.S. bond market debt was $31.2 trillion
These bonds can be "repaid" in 2 different ways. WE work like crazy and our salaries are skimmed for repayment OR, sovereign debt is defaulted. In the last few years, the CBs have created $250 trillion in new debt,,,, mush of it to repay old debt. No telling how much longer this can go on. World leaders seem to be fin with this. Like J.M. Keynes, many of them have no children.
Add to this, Obama and his husband. Hillary gets honorable mention because horse-face was an accident after many abortions.
The corporatocracy is anti-family in it's quest for limitless profits. Population is shrinking and the corporatocracy is surviving by sucking up wet-ink liquidity created by the CBs.

"How would you describe the social mood of the nation and world?

Would anti-Establishment, anti-status quo, and anti-globalization be a good start? How about choking on fast-rising debt? Would stagnant growth, stagnant wages be a fair description? Or how about rising wealth/income inequality? Wouldn’t rising disunity and political polarization be accurate?

These are all characteristics of the long-wave social-economic cycle that is entering the disintegrative (winter) phase. Souring social mood, loss of purchasing power, stagnating wages, rising inequality, devaluing currencies, rising debt, political polarization and elite disunity are all manifestations of this phase."
"In Fischer’s well-documented view, there is a grand cycle of prices and wages which turn on the simple but profound law of supply and demand; all else is detail.

As a people prosper and multiply, the demand for goods like food and energy outstrips supply, causing eras of rising prices."
All else is NOT detail. Not while automation is taking over.
"Long periods of stable prices (supply increases along with demand) beget rising wages and widespread prosperity"
NOT this time.

3/01 Chinese manufacturing shrinks for third straight month in February – CNBC
Their foreign markets are shrinking. Their domestic population of workers shrinks 1 million a year.
3/01 Here’s how millennials’ $1 trillion in debt is affecting their lives – Salon
they can't afford any money-losing enterprises.
3/01 Auto loan delinquencies rise as monthly payments hit record high – CNBC
3/01 South Korea exports suffer biggest slide in nearly three years – Investing

Ah yes, $15 trillion in consumer debt is looking a bit shakey.
The banks just had their most profitable year. As the corporations "win", somebody has to lose. The family is losing. Humans were always considered a limitless renewable resource. The banks are proving this to be untrue.
There has to be a middle ground between socialism and runaway capitalism.
Reply With Quote