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Wednesday, 1 February 2012

The Unsustainable World. Economic Meltdown.

‘These elites do not have a vision. They know only one word: more. They will continue to exploit the nation, the global economy and the ecosystem. And they will use their money to hide in gated compounds when it all implodes.’ (Chris Hedges) 

Money. Rolling pound coins
Rolling pound coins
(© 2019 LightColourShade)
Any economic system eventually degenerates through unbridled greed and corruption. Modern economy is a giant global Ponzi scheme disguised with fancy terms and phoney financial structures (stock exchange, bonds, fiat money, shares, legal speculation like short-selling, swaps, deferred taxes, etc.) wrapped in convoluted equations, riding for a fall.