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Governments Change, the Corporatocracy Endures

Governments Change, the Corporatocracy Endures Ultimately, the dominance of global capital (the Corporatocracy) is not financial– it’s political. One little-remarked consequence of the central banks’ policies of near-zero interest rates and quantitative easing is the unrivaled dominance of mobile global capital, i.e. the Corporatocracy. The source of corporate political power is the ability to borrow essentially […]

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IceCap Asset Management: The Third Law Of ‘Stock Market’ Motion | Zero Hedge

IceCap Asset Management: The Third Law Of ‘Stock Market’ Motion | Zero Hedge. Excerpted from IceCap Asset Management’s Keith Dicker’s latest letter to investors, Three hundred years ago, physicist Isaac Newton, compiled the Third Law of Motion. Ever since, people everywhere have noticed how every action does indeed have an equal and opposite reaction. This […]

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charles hugh smith-Globalization = Permanent Instability

charles hugh smith-Globalization = Permanent Instability. Globalization continually creates imbalances that fuel a perpetual instability that gradually impoverishes every sector other than global capital. Globalization has two guaranteed consequences: permanent instability and endless boom-and-bust cycles. As noted in Forget “Free Trade”–Focus on Capital Flows, the key engine of globalization is mobile capital: capital that can borrow money for […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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