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LifeFuel Chaos, Mayhem, And Collapse Of Entire Societies Appreciation Thread IV

MarquisDeSade

MarquisDeSade

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:feelsjuice::feelsjuice::feelsjuice:

The supposed "choice" between "capitalism" and "socialism" is a useful fabrication masking the worst of all possible worlds we inhabit: Capitalism for the powerless and Crony-Socialism for the powerful. Capitalism's primary dynamics are reserved solely for the powerless: market price of money, capital's exploitive potential, free-for-all competition and creative destruction.

The powerful, on the other hand, bask in the warm glow of socialism: The Federal Reserve protects them from the market cost of money--financiers and the super-wealthy get their money for virtually nothing from the Fed, in virtually unlimited quantities--and the Treasury, Congress and the Executive branch protect them from any losses: their gains are private, but their losses are transferred to the public. The Supreme Court ensures the super-rich maintain this cozy crony-socialism by ensuring they can buy political power via lobbying and campaign contributions--under the laughable excuse of free speech.

Cronies get the best political system money can buy and you--well, you get to carry a sign on the street corner, just before you're hauled off to jail for disturbing the peace (and you're banned by social media/search Big Tech, i.e. privatized totalitarianism, for good measure).

The Federal Reserve is America's financial Politburo: cronies get a free pass, the powerless get nothing. While the three billionaires who own more wealth than the bottom 165 million Americans can borrow unlimited sums for next to nothing thanks to the Fed (i.e. Crony-Socialist Politburo), the 165 million Americans pay exorbitant interest on payday loans, used car loans, student loans, credit cards and so on.

Capitalism (market sets price of money) for the powerless, Crony-Socialism (nearly free money) for the powerful--thanks to America's Crony-Socialist Politburo, the Fed. Consider the "free market" plight of America's working poor: earning low wages that are rapidly losing their purchasing power makes them a credit risk, i.e. prone to defaulting, so lenders (i.e. capital's exploitive potential) charge high interest rates on loans to the working poor.

Since they pay such high rates of interest and earn so little, they default on their debt at higher rates--just what the lenders expected, and what the lenders created by charging sky-high rates of interest: gee, you're having trouble paying 24% interest? Too bad you're poor. You see the point: low wages, poverty and exorbitant rates of interest are mutually reinforcing: a primary driver of defaults and poverty is paying sky-high rates of interest and all the late fees, bounced check fees, etc. that go with 24% interest rates.

The Crony-Socialists have a much different deal with the Fed and its crony-bankers: the super-wealthy arrange for the corporations they own shares in to borrow billions of dollars to fund stock buybacks (which in a less exploitive era were illegal market manipulation). The super-wealthy Crony-Socialist's personal wealth rises by $100 million thanks to the stock buybacks, and then the super-wealthy Crony-Socialist borrows $10 million for next to nothing against this newly conjured "wealth" (thanks, Fed!) to fund living large.

Crony-Socialist corporations pay no income tax thanks to loopholes and the Crony-Socialists who own the shares report $1 in salary and zero income because they borrowed their living expenses against their Fed-conjured wealth. Do you discern the difference between capitalism for the powerless and crony-socialism for the super-wealthy?

If you can't yet discern the difference, then ask yourself: can you borrow $1 billion from the Fed's cronies to buy back shares of your own company, and then borrow $10 million for near-zero rates of interest against the newly conjured "wealth"? You can't? Well, why not?

If you answer "I don't have enough collateral," you missed the key point here: thanks to America's Crony-Socialist Politburo (the Fed), the super-wealthy have no exposure to the market price of money. The Fed manipulates the cost of money to near-zero, and then funnels unlimited sums of this nearly-free money to corporations, financiers and the super-wealthy.

Collateral is unnecessary in Crony-Socialism; that's just a excuse given to the powerless. Crony-Socialists borrow $1 billion for next to nothing, buy Treasuries with the free money, put the Treasuries up as collateral (but wait, didn't they borrow the money? Never mind, it doesn't matter), originate some financial instruments (CDOs, etc.), post those as collateral, and then leverage up another bet on that fictitious collateral.

If the bets all go bad, the Crony-Socialist claims the whole fraud is now a systemic risk and so the losses are transferred to the public / taxpayers to "save the financial system from collapse." Isn't Crony-Socialism fantastic?

Just as the rich kid caught with smack gets a suspended sentence and probation while the powerless kid gets a tenner in the War on Drugs Gulag, the super-wealthy Crony-Socialists avoid all the consequences of their gambles and frauds. America's Crony-Socialist Politburo (the Fed) takes care of its cronies and the powerless bear the brunt of predatory exploitation that's passed off as "capitalism."

The only dynamic that's even faintly "capitalist" about America's Crony-Socialism is the price of political corruption is still a "market": what's the current price of protecting your monopoly or cartel from competition? It's moving up fast, so better get those bribes (oops, I mean campaign contributions for the 2022 election) in now before the price of corrupting "democracy" goes even higher. https://charleshughsmith.blogspot.com/2021/06/usa-2021-capitalism-for-powerless-crony.html


:feelsdevil::feelsdevil:
View: https://youtu.be/Jz57Ym1yk1g


:feelsclown::feelsclown:
















 
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MarquisDeSade

MarquisDeSade

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View: https://www.youtube.com/watch?v=I_rn5b5n-Ec

:feelsclown::feelsclown::society::society:
WASHINGTON—Putting the nation on alert against what it has described as a “highly credible terrorist threat,” the FBI announced today that it has uncovered a plot by terrorist Incels to sit back and enjoy themselves while the United States collapses of its own accord.

Multiple intelligence agencies confirmed that militant Incel organizations and its numerous affiliates intend to carry out a massive, coordinated plan to stand aside and watch America’s increasingly rapid decline, with terrorist operatives across the globe reportedly mobilizing to take it easy, relax, and savor the spectacle as it unfolds while playing vidya from the comforts of their sofas.

“We have intercepted electronic communication indicating that Incel members are actively plotting to stay out of the way while America as we know it gradually crumbles under the weight of its own self-inflicted debt, misery, and disrepair,” FBI Deputy Director Assy McGee told the assembled press corps. “If this plan succeeds, it will leave behind a nation with a completely dysfunctional economy, collapsing infrastructure, and a catastrophic health crisis afflicting millions across the nation. We want to emphasize that this danger is very real.”

 
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AmIjustDreaming

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absolutely based thread.
 
MarquisDeSade

MarquisDeSade

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AmIjustDreaming said:
absolutely based thread.
I was not trying to get too carried away with the music and imagery, but I felt like it needed something extra you know. :feelsjuice::society:
 
AmIjustDreaming

AmIjustDreaming

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MarquisDeSade said:
I was not trying to get carried away with the music and imagery, but I felt like it needed something extra. :feelsjuice::society:
fuck the facts is based dude, good addition
 
Nebuchadnezzar

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OwlGod

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incelerated

incelerated

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Can't wait to see America fall
:feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber:
 
MarquisDeSade

MarquisDeSade

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incelerated said:
Can't wait to see America fall
:feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber::feelsLightsaber:
Stay tuned in the next couple of hours frens, I have economic collapse doom porn that none of you shall want to miss out on. [Grins]

As a resident of the United States I gotta say it is my favorite kind of doom porn, has been 20 plus years of my life thus far where I really know how to navigate through it all. [Smiles]
 
MarquisDeSade

MarquisDeSade

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:feelsmusic::feelsmusic::feelsmusic::feelsclown::feelsclown::feelsmusic::feelsmusic::feelsmusic:
View: https://www.youtube.com/watch?v=8JgEptmz_eE





Translation: :feelsclown:

"We could raise rates but the moment we do at any great length the United States stock market would collapse overnight, however, if we don't then we'll create a monetary hyperinflationary environment to which it would only be months having the same inevitable outcome."

"But surely we can increase corporate taxes everywhere to offset monetary hyperinflation, right?" Wrong, you don't have the time to implement something that big internationally and there is no way you'll get a hundred or more nations to completely agree on that unanimously concerning your short timetable. :feelsthink:

"Well, I guess we'll just need to have a big giant world war with both Russia and China to offset our domestic economic problems then."

Good, I hope you nuke this gay earth you fucking faggots and kill everybody and all life on this miserable piece of shit planet, do it pussies.
:feelsclown::feelsclown::feelsclown:

incelerated @incelerated

AmIjustDreaming @AmIjustDreaming
 
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Mentally lost cel

Mentally lost cel

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Just Nuke this world already
 
AllanKing

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fuck this corrupt world, corrupt human being
 
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