Global Recession coming?
tags
capitalism,
governance,
policy
Now that we all know that Central Bankers have been the architects of these everything bubbles, only so that they could protect their pals from bankruptcy or worse. Looking back into history, we can see that they have been deeply entrenched as the henchmen on behalf of their overlords. The common man might not be so stupid, and the collective consciousness does not forget. The two World Wars are a timely reminder that imperialist policies bite back with karma written all over. We are all in it together, eh?
This broken system :(
tags
economy,
gov,
leadership
Unfortunately, the system promotes those who can and will perpetuate the system… a real Catch 22 situation! The leaders and others in charge can't or won't endanger their source of illusory power, even if that might be harming them or their own. That is why we should cherish selfless leaders!
Just look at how the powers-that-be scramble around to defeat democracy (read populism), and try to make sure the common man can't affect the system. Keep them stupid, ignorant, irrelevant, poor, and unhealthy.
I look around and despair to see regulators in bed with the ones they are supposed to police
Just look at how the powers-that-be scramble around to defeat democracy (read populism), and try to make sure the common man can't affect the system. Keep them stupid, ignorant, irrelevant, poor, and unhealthy.
I look around and despair to see regulators in bed with the ones they are supposed to police
Of Heroes and Whores
This toxic culture has seeped into and infected just about every other market too. Senior Executives seem to be bent on making a fast buck and get out as quickly as possible. Their decisions do not seem to be in the best interest of the companies which employ them or their customers. What I don't understand is the collusion of Politicians and Regulators!
Bankers who went to Jail
Q: How many Regulators (and/or Politicians) does it take to jail a Banker?
A: None, because they are all wolves in sheeps' clothing. Bought, paid, and staffed by/of/for the bankers.
A: None, because they are all wolves in sheeps' clothing. Bought, paid, and staffed by/of/for the bankers.
Sunk Cost Fallacy
"If you always do what you've always done, you'll always get what you've always got."
Insanity is defined as doing the same thing over and over again, and expecting different results each time.
Change can be hard to digest for most of us, perhaps hardest for the decision makers! And so we continue to trundle down the same road, kicking the can ever further, hoping that the next turn might wipe out our past mistakes. Meanwhile, the present becomes the past rapidly.
Dumping ever more energy, resources, money, etc. into a failing project exponentially increases… insanity/risks! And continues feeding dodgy suppliers and predators.
When is a good time to cut our losses?
Insanity is defined as doing the same thing over and over again, and expecting different results each time.
Change can be hard to digest for most of us, perhaps hardest for the decision makers! And so we continue to trundle down the same road, kicking the can ever further, hoping that the next turn might wipe out our past mistakes. Meanwhile, the present becomes the past rapidly.
Dumping ever more energy, resources, money, etc. into a failing project exponentially increases… insanity/risks! And continues feeding dodgy suppliers and predators.
When is a good time to cut our losses?
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