The S&P 500 (INDEXSP:.INX), the Dow Jones Industrial Average (INDEXDJX:.DJI), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Facebook (NASDAQ:FB), Netflix (NASDAQ:NFLX), and Google (NASDAQ:GOOGL) all notching record highs, the appearance of health economy is a done deal, as far as the morons in power are concerned. Never mind that Christine Lagarde – now the head of the European Central Bank – is pumping €20 billion Euros every thirty days in the financial system.
Never mind that the ECB is actually charging lenders half a percentage point annually of any money they borrow.
Welcome to the fantasy land of our world economy.
Now would be a good time to read George Orwell’s 1984 if you haven’t already done so. The government in that cautionary tale started changing the meaning of words to lull the population into a false sense of security.
The governments around the world have tacitly agreed to do just that. Instead of “an instrument to borrow money”, a bond now means “a place to store money for a fee”.
Interest rates are now the fees charged for money storage.
The employment rate only counts people who are looking for a job.
Inflation means “prices of everything go up continuously but the government and media tell us they are not”.
A Pension is something anyone under 20 will never collect.
And the stock market has become the measurement of how much the government wants you to think the world is in good shape while they steal all of the world’s wealth from future generations.
This may seem flippant to you, and I’m fine with it if you prefer to see the world in the way that the government wants you to. But its impossible to pretend that this is the democracy we are told we live in, or even that we are governed by law.
The only crime, in this sordid tale, is getting caught.
Remember the high profile insider trading cases that were prosecuted and were the big news of the day from 2009 to 20017? How many of those have we heard about lately?
I guess everybody in the market has started following the rules all of a sudden. The deterrent effect of punished crimes is working perfectly for the first time in human history. There are no more bad guys on Wall Street.
Or is it just that we decided, as a society controlled by a small group of multi-generational gangsters, to let the world become the indifferent, relentlessly cruel place that nature intended?
As we head into the year end and the holiday season, its worth contemplating the extent to which the governments of the world’s leading nations are acting in concert to permit the wholesale ass-rape of the planet by the 0.1%. If you’re in the top 5% of wealth holders, you’re obviously not buying this, since you are in fact the Establishment.
Original article: Bogus Data, Bogus Markets
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