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Showing posts with label bubble and collapse. Show all posts
Showing posts with label bubble and collapse. Show all posts

Jul 17, 2020

Capitalism's Biggest Bubble Is About To POP! (w/ Richard Wolff)

July 17, 2020: Here's progressive broadcaster and author Thom Hartmann spotlighting another insightful interview with economics Professor Richard Wollf:


However you can, support independent media!

~:~

You know, Trump's natal 2nd hou$e Jupiter-Neptune conjunction (bubbles, speculation; waste, grand schemes, financial fraud and corruption - with his wounded/wounding Chiron snugged between!) is the perfect vehicle through which a financial collapse of America is being implemented, as we now see. And of course, these conditions are aided mightily by Pluto's creep through structural Capricorn, sign of government, law, and business. Yet there is a small amount of comfort in knowing that transit Pluto has been opposing Trump's natal Saturn in watery Cancer and bringing him challenges and a few failures in his abuse-of-authority-and-power department!

Jul 2, 2009

Former Goldman-Sachs banker new US ambassador to Germany

Lest you think an important post in the Obama administration might have to do without a Goldman-Sachs alumni, former Goldman banker Phil Murphy is soon to be welcomed by Germany as the new US ambassador.

You can go back to your nap now, a Goldman-Sachs rep is in the house. Again.

In fact, if it's true what I've been reading that every financial bubble and collapse since the 1920s has been gamed if not orchestrated by Goldman-Sachs (and the Fed and the World Bank), I'd say that G-S is the house. These manipulators take win-win to the ultimate level.

And speaking of the 2008 presidential campaign, do you remember how Barack Obama's community organizing work was touted as an admirable thing because the brilliantly talented fellow (and he is) could have easily gone right to Wall Street after graduation to roll around and make mega-bucks there instead of working with and for the poorer elements in our society?

Well, apparently he did (or didn't), but he's just doing it from the White House. Yet didn't Goldman-Sachs install their man Barack in the Oval Office to do their bidding?

Ever since BHO appointed Clintonites like Larry Summers and that other guy to be on his 'Economic Team' - and then G-Sachs' Timothy Geithner as Secretary of the Treasury - it feels to me as if President Goldman-Sachs, with a current not former, Wall Street address to his credit, has coup'd the Oval Office and now plays the role of US commander-in-thief.

~:~

'Commander-in-thief' is a reference I first heard on a Radiohead album just after Bush first coup'd the White House, and since the (orchestrated) financial collapse of 2008, new levels of meaning accrue to the word, 'thief' in the USA - and it began under Bush.