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Just another day in late capitalism: http://www.newyorker.com/magazine/2017/01/30/doomsday-prep-for-the-super-rich The New Yorker posted:“Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more. Once you’ve done the Masonic handshake, they’ll be, like, ‘Oh, you know, I have a broker who sells old ICBM silos, and they’re nuclear-hardened, and they kind of look like they would be interesting to live in.’”
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Jan 23, 2017 18:44
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Neurolimal posted:I really am curious as to what point in this apocalypse scenario politicians start weighing "country doesn't collapse into utter turmoil and chaos" and "get to go golfing with the 62 billionaires causing this mess" and err towards the former. Collapse in and of itself doesn't produce political violence, as a cursory survey of the situation in formerly prosperous south american countries such as argentina or venezuela demonstrates. There needs to be both ideological and organizational support to challenge the ruling elites, and until that starts showing up there will be plenty of billionaires perfectly happy to rule squalid slums from their gated communities. Right now the people most affected by late capitalism aren't organizing in any way that would suggest any threat from outside the existing political system.
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Mar 22, 2017 17:08
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tekz posted:Is there going to be some kind of blowup caused by QE leading to people chasing riskier and riskier poo poo for yields? Maybe? But if so we'll just solve it with more QE, so no worries.
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Sep 20, 2017 21:24
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