Sunday, April 12, 2015

The Morbidity of Lies: Voila - Third World Convergence

“You know I hate, detest, and can't bear a lie, not because I am straighter than the rest of us, but simply because it appalls me. There is a taint of death, a flavour of mortality in lies - which is exactly what I hate and detest in the world - what I want to forget.” 
― Joseph Conrad, Heart of Darkness

...the essence of aging - learning to embrace sophisticated self-deceptions that any child could impugn.

The 15 year widely embraced lie:
aka. Monetary Policy doing the exact opposite of what we're told it's doing:
If, as Monetary psychopaths tell us, low interest rates alleviate unemployment, then why has the employment-population ratio been falling for 15 years as interest rates fell from 7% to zero? And no it's not because 25 year olds are retiring early as the government wants us to believe. 

Because it took three bubbles to finish the corporate outsourcing job that started with Reagan. The only thing left to go are the soon-to-be-bankrupt corporations. That comes next.



Third World factory slaves now do everything we used to do, at ten cents on the dollar, while the developed world laid itself off amid soaring debt. 

We're just waiting for the debt bubble to pop and reveal that convergence is de facto.

The unthinkable horror of self-obliteration.