Welcome to our sociopaths-gone-wild economy

It’s all a question of confidence, don’t cha know? There is no reality, it’s all perception management! Bring out the Plunge Protection Team. The PPT can juggle an infinite number of balls in the air for an infinite amount of time — and never drop a one. Perpetual motion machines work so well — how about a serial bubble economy? Pay the piper? — ha, ha that’s for the little people. Parties never end! Create more debt through derivatives than the amount of monetary value existing in the world? — Brilliant! Hey, why don’t we call that debt, wealth? Capitalism can be risk free! Spread the risk through mortgage backed securities and derivatives — uh, the engine of capitalism is the balancing of risk and reward on an individual level. Conmen do best when unregulated!

5 thoughts on “Welcome to our sociopaths-gone-wild economy

  1. Pingback: Chronicles Of Depression 2.0: #351: Sociopaths « Mike Cane 2008

  2. I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog.

    Tim Ramsey

  3. I found your site on technorati and read a few of your other posts. Keep up the good work. I just added your RSS feed to my Google News Reader. Looking forward to reading more from you down the road!

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