We can decide whether to maintain our old and no perfect market economy or looking for new paradigms. It is not an easy task as Masters of the Universe prefer to live in cyclical crisis which is very profitable for them. If economy shows a positive balance, they win. If economy is going down to the Hell, they win. On the contrary, ordinary people do not perform very well. They are being pushed to run in a bigger wheel of consumption and debt that is causing domestic bankruptcy for generations. And do not mention the rampant public debt.
Etiqueta: public_debt
It is always Africa. The forgotten continent. It could be an empty lost planet, like Mars, but there are millions and of persons fighting to survive in its beautifully sad lands. You can see the metaphor of Africa in a sequence of The Constant Gardener, when people run away through the desert as bandits come to rob and kill them. While white men could get on the plane, black people only have the choice of running faster than their captors. The support of the white man is only an illusion because if times go harder, like in the movie, there is no chance to save Africans.
The budget is the main weapon of any politician. When he gets a government post, he makes the big difference because it is able to manage huge resources of money. It does not matter whether the economy is healthy. He always can use the deficit. Nobody is able to demonstrate that finally it will conduct to the bankruptcy. There is no Chapter 11 for Federal Governments.