Comments by "Hallands Menved" (@Hallands.) on "Neil McCoy-Ward"
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For years, no decades, we’ve been trying to run an expansionist economy on a maxed out market! Well, you can’t, but you can fake it…
The solution was to produce a lot of cheap junk with planned expiration, use insane resources on commercials and let the wealthy hide the inflation by amassing ginormous wealth.
But the banks couldn’t take the strain of these lopsided transactions. They became brokers without security and eventually the governments caved in and allowed negative interest rates.
If there had been any niches left, this would’ve created a booming of new productions, but people didn’t really need more stuff, they just wanted better stuff.
And the first time someone (it might’ve been me in 2006) mentioned that we had no room for growing quantities, only for growing quality, the Stockmarket speculators went quietly mad! They had nowhere left to put their money but in real estate. They paid millions for the necessary liquids the had in the bank, and there’s taxes on real estate, so what was left? Dubious stocks which couldn’t really keep up with inflation… But they bought them anyway, because they had to place the money somewhere!
So now they want to take out Putin and rule the US in an impossible attempt at preserving the wealth they siphoned up since the mid 80s while the masses perish in war, hunger and hidden genocide.
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