In his post America’s Pluto Return, astrologer Bill Herbst writes:
Here’s the bad news in
a nutshell: A financial meltdown of unprecedented proportions is coming in the
years ahead in America (and the world), for which the great bulk of people, and
particularly much of the American population, is unprepared or even unaware. The
neoliberal financialization of EVERYTHING that began in America during the 1980s
has continued into this century. Apparently, the only value that matters in terms of economic policy is
monetary profit, despite the fact that our money is more and more debased and
disconnected from anything of real worth. The Masters of the Universe on Wall
Street have come up with seemingly endless ways (one example of which is the
financial instrument and investment product called “derivatives”) to make more
and larger profits for themselves. These schemes have nothing to do with actual
productivity (i.e., real goods and services) and everything to do with making
and hedging bets through investment. It’s a little like the stock market, but
way more complicated and bizarre, and the main players are those that possess
the immense, concentrated wealth required to place bets. https://www.billherbst.com/Comm71.pdf
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