The "Economy" is great!! It's not a #fakeEconomy ... when it goes wrong we blame "nature" (a virus) or "Russia" or something... or the reckless public (victim) taking loans, which the banks approved for personal gain (2008 collapse)
#fakeeconomy
They also have you believe #uber is valued at HUNDREDS of BILLIONS of dollars with performance such as this https://www.siliconrepublic.com/business/uber-earnings-q2-2019-losses #fakeEconomy
● NEWS ● #CounterPunch #china #cn #fakeEconomy ☞ China’s Economy Not as Strong as #Beijing Proclaims or the West Fears https://www.counterpunch.org/2022/02/18/chinas-economy-not-as-strong-as-beijing-proclaims-or-the-west-fears/
Will #apple report profits or just more losses like its last quarter? Quacks tell us it's not just prosperous but also the most valuable company... I call it #fakeEconomy (bubbles built around false, fictional valuations with people's savings accounts attached to these bubbles)
The "success story" of US #fakeeconomy ... we take #debt (borrowing) with the public as 'collateral' and send the money (minted by debt) to billionaires and corporations. http://techrights.org/2022/02/04/the-united-states-government-should-quit-bailing-out-microsoft-at-taxpayers-expense/ money goes abroad: https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722
#UnitedStates Government #Debt has just officially crossed 30 trillion dollars. Don't worry, #wallstreet tells you... we have a #fakeeconomy where losing companies have their valuation faked (increased) by a factor of 10... by gambling with people's savings https://tradingeconomics.com/united-states/government-debt
● NEWS ● #CounterPunch #fakeeconomy #fakejobs #latestagecapitalism ☞ MEGATRON Led to Cuts in Hours Not Jobs https://www.counterpunch.org/2022/02/08/omicron-led-to-cuts-in-hours-not-jobs/
Intel "spent billions on stock price support [sic] instead." = #intel defrauding shareholders. Buybacks are technically embezzlement. #fakeEconomy https://www.theregister.com/2022/01/31/intel_earnings_analysis/ see also http://techrights.org/wiki/Intel_leaks
● NEWS ● #CounterPunch ☞ #GDP Jumps to 6.9 Percent in Fourth Quarter 2021, Driven by Strong Inventory Growth https://www.counterpunch.org/2022/01/31/gdp-jumps-to-6-9-percent-in-fourth-quarter-2021-driven-by-strong-inventory-growth/ #fakeeconomy with fake GDP based on speculations and bubbles
● NEWS ● #TruthOut #fakeeconomy #riggedsystem ☞ The #FederalReserve Has Fueled #WallStreet at the Expense of the Rest of Us https://truthout.org/video/the-federal-reserve-has-fueled-wall-street-at-the-expense-of-the-rest-of-us/ https://www.reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722
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#Fakeeconomy and "growth" delusion. What grew? Wall Street? https://www.project-disco.org/competition/012722-digital-services-and-tools-fuel-fastest-gdp-growth-since-1984/
S&P 500 should be rebranded S&P 5 because it's a composite of only few companies whose value is laughably fake. #fakeEconomy #bubble #imperialism #grifting http://techrights.org/2020/08/18/microsoft-graft/
Far too many fake "rich people" out there, who are more debt-rich than actually rich. The types who would rather perfume debt as "credit" and treat liabilities as (negative) "assets". Our #fakeEconomy is well overdue for a collapse worse than in 2008 (we never truly recovered from it; we bought more time)
After #NFT epic #scam some people try to sell words they claim to 'own' https://finance.yahoo.com/news/unique-opportunity-acquire-exclusive-rights-130000349.html #fakeEconomy #NotSatire
"contributing to the economy" is a euphemism for being enslaved.
#DigitsQuips #consider #emancipation
#enslaved #slave #euphemism
#economy #economics #modernslavery #slavery
#free #freetobe #emancipatory #emancipate
#work #labour #antiwork #misdirect
#bullshitjobs #fakeeconomy #falseeconomy
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