Of Two Minds

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.

The deflation of asset bubbles and higher costs are foreseeable, but the magnitude of each is unpredictable.

Add in the doom loop of an unprecedented credit-asset bubble and housing as a sector is in trouble.

The present-day tariff-trade-war conflicts boil down to Neocolonial strategies to gain control of markets for exports and resource extraction on terms that are only favorable to the Neocolonial power.