4 Comments

Not as such.

Always bear in mind that what passes for "capitalism" on Wall Street is in reality simply repackaged mercantilism. The goal is simple: permanent transfer of wealth to the rentier class that inhabits Wall Street.

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As usual, the local liberal newspaper has covered none of these economic indicators, instead devoting most of the articles to sports, pop concerts, and utter fluff. What was it the Romans said about ‘bread and circuses’?

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“When everything is heading south there can be no thought of economic recovery by definition.”

-Peter Nayland Kust

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