Thursday, 4 July 2019

Argentinian People Suffering Under Austerity Regime After IMF Emergency Loan

People having to travel for hours to get a hot meal in Buenos Aires, ...


.... while central banks continue with QE to increase corporate debt backed by stock buybacks, so that insider shareholders can sell their stock without negatively impacting the stock markets. See Roubini Pessimistic. But this is necessary to keep the global economy afloat long enough for the next financial crisis to start.


We have a big problem, with all the people in power too fucking stupid to know what to do about it except keep pretending it just isn't happening.

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