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~ Quotables ~ "The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true. It really happened. These suspicions are valid."~ Neil Barofsky
Morgana’s Treasure Chest
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Category Archives: The Mine or the Shaft
“She isn’t even in the room!”
In his “Manifesto of the Communist Party” (1848), published together with Frederick Engels, Karl Marx calls for “measures” — by which he means “despotic inroads on the rights of property” –, which would be “unavoidable as a means of entirely … Continue reading
Introduction to the German Edition In theory, the global financial system is supposed to help every country gain. Mainstream teaching of international finance, trade and “foreign aid” (defined simply as any government credit) depicts an almost utopian system uplifting all … Continue reading
(And How It May Be a Lot Different Than Folks Expect) When we think of “economic collapse” our imaginations usually lead us immediately to the desperation we’ve witnessed in places like Venezuela or Greece. We think of starvation, a complete … Continue reading
Adulting, the now common idiom, is hard. And to many millennials, the grim realization that debt will always be part of their lives is not making it any easier. In some cases, their debt load is so soul-crushing they expect … Continue reading
Interest rates simply reflect the truth; and it is a very sad day when telling the truth can foster such ill will. It is often said, “Don’t kill the messenger,” but that is precisely what everyone seems to want to … Continue reading
A mysterious birth Where do potatoes come from? — From the farmer’s field. Where are little calves born? — In the stable. Where do plums come from? — From the plum tree. Everyone knows this… But now ask the same … Continue reading