Contributing Editors' Blog Entries

Phoenix Capital Research's picture

 

China’s Government knows it's on thin ice and so is doing three things to try to mollify the Chinese population:

 

  1. Launching a very public campaign to crack down on corruption (to mollify the populace).
  2. Taking steps to tame inflation (slowing financial speculation and importing massive quantities of commodities to attempt to control prices).
  3. Curbing its stimulus efforts.
  4.  
tedbits's picture

The developed world has now become a fully operational Something-for-Nothing society. Once a Something-for-Nothing psychology has been fully implemented the majority of its citizens have become the functional equivalent of LOCUSTS! 

Unable and unwilling (they no longer have the skills to make the wages they believe they are entitled to) to produce more than they consume and support themselves they set off the consume those that do to FEED on and SUPPORT themselves. The TAKERS or WEALTH EAT the MAKERS of WEALTH, Cannibalism of the worst sort.