Of Two Minds

Corporate America took advantage of the Covid shortages and fiscal largesse to profiteer on a scale criminals could only dream of.

Interest rates are linked to inflation, but they’re also linked to risk.

Until values, priorities and incentives change, “the lifestyle you ordered is currently out of stock and on back order, with no estimate of a future delivery date.”

Statistical games can be played to mask the realities of our neofeudal economy, but “narrative control” can’t obscure the facts or the banquet of consequences that these realities have set.

So where are corporate profits going to come from as globalization, price-gouging, planned obsolescence, shrinkflation and immiseration run out of rope?

Now that the entire economy depends on these hyper-normalized speculative bubbles for its “growth” and “wealth,” there is a profound fear of a future based not on artifice but on the real world.