Subjacent Banana on Nostr: Right now, we're in the phase of the 2008 CDO collapse where the mortgages were ...
Right now, we're in the phase of the 2008 CDO collapse where the mortgages were starting to default but the S&P rated everything AAA anyway.
We're in the "Inflate" part. The Stakeholders (politics, business, gov't) are pumping up a huge balloon, full of cheap foreign labor and "inexplicable productivity losses" and "hybrid immunity" and empty, fake metrics.
It's complete fraud.
The funny part is that I think the same thing is happening that happened in the CDO collapse; they faked the securities ratings so hard that they don't even know what reality is now. They are just as blind as we are.
But this isn't money they're playing with - they can't just get Uncle Fed to print them more...
We're in the "Inflate" part. The Stakeholders (politics, business, gov't) are pumping up a huge balloon, full of cheap foreign labor and "inexplicable productivity losses" and "hybrid immunity" and empty, fake metrics.
It's complete fraud.
The funny part is that I think the same thing is happening that happened in the CDO collapse; they faked the securities ratings so hard that they don't even know what reality is now. They are just as blind as we are.
But this isn't money they're playing with - they can't just get Uncle Fed to print them more...