Tuesday, May 2, 2017

We have an unstable system and it is not sustainable


We have a system in place that is based on fiscal and monetary policies, and laws and regulations, that favor the corporate elite, the largest corporations, the captains of finance, and the 0.1% in general, because they are the asset holders. This moneyed class will not give up its privileges voluntarily. 

The privileged class will
 do everything in their power to keep these favorable conditions in place, which would include money printing in one or another form if there is a recession or if asset markets decline meaningfully.

I believe
 that an unstable system in which 
the majority of people lose out to 
the privileged few is simply not sustainable and will end either with a Bernie Sanders-type socialist gaining power or with the establishment of a dictatorship.