Return of the South Sea Bubble

This was the event that coined the term ‘bubble’ in economics. The South Sea Company, a fraudulent corporation which conned government and investors into buying promissaries which would never be re-payed. The event went down in history as people starved, lost their homes, governments were overthrown, civil anarchy reigned and bankers were publicly executed.

It seems that we are entering a dangerous parallel with the introduction (return?) of 100-year gilts.

The sociopaths on wall street and world government are hanging on for dear life and will attempt ANYTHING to keep the ship afloat. This, a last desperate attempt at such a late junction, will test our finite numeric laws to the limit. It is tragic that all this is attempted to keep those whose greed is insatiable temporarily satisfied.

About tthurts

Rattling the cage...
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