{"id":9108,"date":"2015-06-15T05:46:28","date_gmt":"2015-06-15T10:46:28","guid":{"rendered":"http:\/\/olduvai.ca\/?p=9108"},"modified":"2015-06-15T05:46:28","modified_gmt":"2015-06-15T10:46:28","slug":"our-phantom-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=9108","title":{"rendered":"Our Phantom Economy"},"content":{"rendered":"

Our Phantom Economy<\/a><\/b><\/i><\/span><\/h3>\n

Those who believe that phantom recoveries and phantom metrics can be substituted for reality are in for a shock in the next downturn.<\/i><\/span><\/p>\n

Stripped of artifice, there are only two kinds of media stories:<\/b>\u00a0those that support the status quo narrative, and those that are skeptical of that narrative.<\/p>\n

What is the status quo narrative? Simply this:<\/b>\u00a0not only is this the best possible arrangement of labor, assets and money, it is the\u00a0only possible arrangement<\/b>\u00a0of labor, assets and money.<\/i><\/p>\n

It is impossible to challenge a system that is the only possible arrangement; the only option is to accept it.<\/p>\n

 <\/p>\n

One of the greatest and most important PSYOPS of the Imperial State (U.S. Government) and its faithful lapdog the mainstream media is the unemployment rate.<\/b>\u00a0As I will show tomorrow, the\u00a0real unemployment rate<\/i>\u00a0is between 20% and 40%, depending on whether you think someone earning $1,500 a year selling stuff on eBay and Etsy should be counted as “employed.”In effect, the mainstream media is a vast\u00a0Psychological Operation (PSYOPS)<\/a><\/b>\u00a0aimed at persuading the American public that the status quo Imperial system of predatory, debt-based crony-capitalism that benefits the few at the expense of the many is not just beneficial to all its debt-serfs and welfare recipients, but it is the only possible system–there is no alternative<\/i>(TINA).<\/p>\n

The federal government is delighted to count everyone earning $100 a year as employed, and equally delighted to label everyone without a job (even one paying $100\/year) who doesn’t qualify for unemployment insurance a\u00a0job market zombie<\/i>–a once living person who is no longer counted as among the living.<\/p>\n

…click on the above link to read the rest of the article…<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Our Phantom Economy Those who believe that phantom recoveries and phantom metrics can be substituted for reality are in for a shock in the next downturn. Stripped of artifice, there are only two kinds of media stories:\u00a0those that support the status quo narrative, and those that are skeptical of that narrative. What is the status […]<\/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":[39,127,182,195,6374,477,496,536,1779,4924,6373,1740,1302,1855],"class_list":["post-9108","post","type-post","status-publish","format-standard","hentry","category-economics","tag-assets","tag-charles-hugh-smith","tag-crony-capitalism","tag-debt","tag-imperial-system","tag-labor","tag-mainstream-media","tag-money","tag-narratives","tag-oftwominds","tag-phantom-economy","tag-psyops","tag-status-quo","tag-status-quo-narrative"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9108","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=9108"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9108\/revisions"}],"predecessor-version":[{"id":9109,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/9108\/revisions\/9109"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}