Gold – the final bubble, page-4392

If you are as you claim a former desk trader you know full well the markets have degenerated into a hft fueled stop hunt most of the time, a game of who has the biggest cheque book.
The real reason there is no growth as the GFC and other events are just a redistribution of wealth for the 1% to amass even more wealth. To stimulate consumption wealth must be evenly distributed as many spending money goes into all areas of the economy as has a positive flow on effect that capitalism relies upon.
After the GFC there was more billionaires than ever but a single billionaire won't create the same consumption as 1000 millionaires. A billionaire will have 20 cars a millionaire might have 3. So 3000 v 20 for the same amount of money. It's so basic. Corporations take over the world and have the highest proportion of employed on low to mid wages, previous to this small to medium business employed people and most benefited from the small businesses prosperity. All this outsourcing to India and China for slave wages from western developed economies stops the money flow and the first to feel it are the small businesses, they can't stay afloat because of simple economies of scale. Humanity should be ashamed of itself for the current state of the planet.

We are headed for disaster as we are in a state of pepertual diminishing returns feedback loop its that simple. The only way capitalism could survive is through never ending population growth. Obvious forces of fresh water , arable land and finite resource base restrict it. Therefore we are in a system that was always destined to fail, slowly but surely greed ate itself.