{"id":5349,"date":"2015-02-06T06:59:14","date_gmt":"2015-02-06T11:59:14","guid":{"rendered":"http:\/\/olduvai.ca\/?p=5349"},"modified":"2015-02-06T06:59:14","modified_gmt":"2015-02-06T11:59:14","slug":"debt-in-the-time-of-wall-street","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=5349","title":{"rendered":"Debt In The Time Of Wall Street"},"content":{"rendered":"<h3 class=\"posttitle\"><a class=\"entry-title\" title=\"Debt In The Time Of Wall Street\" href=\"http:\/\/www.theautomaticearth.com\/2015\/02\/debt-in-the-time-of-wall-street\/\" rel=\"bookmark\">Debt In The Time Of Wall Street<\/a><\/h3>\n<p>With all the media focus aimed at Greece, we might be inclined to overlook \u2013 deliberately or not \u2013 that it is merely one case study, and a very small one at that, of what ails the entire world. The whole globe, and just about all of its 200+ nations, is drowning in debt, and more so every as single day passes. Not only is this process not being halted, it gets progressively, if not exponentially, worse. There are differences between countries in depth, in percentages and other details, but at this point these seem to serve mostly to draw attention away from the ghastly reality. \u2018Look at so and so, he\u2019s doing even worse than we are!\u2019<\/p>\n<p>Still, though there are plenty accounting tricks available, you\u2019d be hard put to find even one single nation of any importance that could conceivably ever pay back the debt it\u2019s drowning in. That\u2019s why we\u2019re seeing the global currency war slash race to the bottom of interest rates.<\/p>\n<p>Greece is a prominent example, though, simply because it\u2019s been set up as a test case for how far the world\u2019s leading politicians, central bankers, bankers as well as the wizards behind the various curtains are prepared to go. And that does not bode well for you either, wherever you live. Greece is a test case: ho far can we go?<\/p>\n<p>And I\u2019ve made the comparison before, this is what Naomi Klein describes happened in South America, as perpetrated by the Chicago School and the CIA, in her bestseller Shock Doctrine. We\u2019re watching the experiment, we know the history, and we still sit our asses down on our couches? Doesn\u2019t that simply mean that we get what we deserve?<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt In The Time Of Wall Street With all the media focus aimed at Greece, we might be inclined to overlook \u2013 deliberately or not \u2013 that it is merely one case study, and a very small one at that, of what ails the entire world. The whole globe, and just about all of its [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,135,1098,195,200,1167,3259,3258,860],"class_list":["post-5349","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-cia","tag-currency-wars","tag-debt","tag-default","tag-greece","tag-namoi-klein","tag-shock-doctrine","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5349"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5349\/revisions"}],"predecessor-version":[{"id":5350,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/5349\/revisions\/5350"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}