Of Two Minds

I reckon it prudent to see the next decade as a journey through a wilderness few of us have experienced.

Tunnel-vision greed and blindness to what is unseen and therefore “unknowable” is self-reinforcing.

No wonder the world seems deranged–it is deranged by the immense strength of an Old Guard clinging onto power by any means available even as the world around them spins into incoherence.

Greed is good up to the point that it delivers ruin.

The conclusion that soaring asset prices mean the economy is strong is a hallucination that goes unrecognized because the entire financial system is hallucinating.

If each of these is not a part of any ‘reform,’ than all that is being done is pouring money into a monopolizing cartel, just in a slightly different way.