Globalization gave the dim illusion of working, merely by suppressing Third World demand via a one-way trade slavery scheme. Which was financed with asinine amounts of unsecured Ponzi debt.
The Ponzi financialization of one-way trade is the first derivative risk.
The collapse of the global environment, the second order risk.
The point of this blog is to point out that hopefully the first derivative collapse forestalls the second. Otherwise, we're fucked company.
And we need not expect Billy Gates and the Denialation Co. to anticipate or understand any of this, despite it being well advanced. The horror of what has been created here, is beyond their mental capacity to accept.
Which is what makes it biblical.
