Central bankers are watching Marx's dictum "all that is solid melts into air" play out in global stock markets with a terror informed by the scalding memories of 2008's global financial meltdown.This reads like a tongue-in-cheek spoof, but actually I think that this is what capitalist leaders have been doing for several years to keep their profit and power machine going. When all the steps listed by Smith fail, I fear that they will opt for a nuclear conflagration in order to destroy capital so they can re-create it as they did with WWII. This might go under "doing whatever it takes" category. Gotta keep the profit machine going! Otherwise it's the end of the world for capitalists!
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Saturday, August 22, 2015
Plunge Protection Teams of the World, Unite!
Click here to access article by Charles Hugh Smith from his blog Of Two Minds.