Tag Archives: economy
THE ABSURDITY OF DEBT AND OF NOT CANCELLING IT
Salon has been on fire with truth lately, this article on student debt being no exception. From the article, we find out the following very interesting nugget: The total national student loan debt is more than $1.2 trillion, the bulk … Continue reading
Posted in Crap-italism, Debt, Debt Slavery, Everything Is Rigged, Federal Reserve, Feudalism, Financial Terrorism, Redistribution, Rentier, Reverse socialism, Wealth transfer
Tagged Consumer Financial Protection Bureau, economy, Forbes, indentured servitude, involuntary servitude, money out of thin air, salon, student debt, The Capitalist Tool, U.S. National Debt Clock
1 Comment
THE END OF CHEAP LABOR AND CHEAP CREDIT—WHAT NEXT?
So I agree with the overall premise of this David Stockman article: cheap labor in the East allowed cheap credit to proliferate in the West: “It was the two-decades-long flow of quasi-slave labor into the export factories of east China … Continue reading
Posted in Crap-italism, Debt Slavery, Everything Is Rigged, Feudalism, fiat currency, Financialization, freedom, Rent-seeking, Rentier, self-issued currency, Wage slavery, Wealth transfer
Tagged China, credit, David Icke, David Stockman, DNA, economy, FoxConn, labor force participation rate, self-issued currency cheap labor, strike, The Air Standard
Leave a comment