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dennyc
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The Drowning Pool

- James Howard Kunstler -

What has surprised me the most is that the most outraged and numerous Americans, small business people and wage earners, have not expressed their outrage more forcefully. The fundamentals of the capitalist process have been under assault for years now, destroying livelihoods and businesses and bringing into focus a looming future that bodes well for no one except the criminals in government and corporate America. Kunstler's correct: Soon there will be nothing left but a smoldering ruin, a void, where there once was a flourishing economy. Romney? Obama? Please. We know who they represent. There are solutions; but they're quickly becoming illegal or irrelevant. The constitution is already laying within the rubble of what once was a free and prosperous nation.

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Début de l'article :News that that a swarm of termites deep inside the British banking system have been fiddling the interbank interest rates (LIBOR) for years in order to systematically vacuum a few billion pence off the exchange floors for themselves is the latest blow to the credibility of the global money system - and probably a fine overture to a looming climactic implosion of the gigantic, creaking, smoldering, reeking,duck-taped edifice of broken promises, booby-trapped hedge obligations, counterparty follies, central bank euchres, sovereignflim-flams, and countless chicanes too various, dark, and deep to smoke out... Lire la suite

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