I believe we don’t need to delude ourselves, but many of us choose to do so.
Maybe that’s to conform with the narrative being disseminated by the mainstream – because it’s pretty difficult to admit you’re being fed bullshit all the time? Easier to go along with the story and, for your own protection and survival, assume the mantle of this alternative reality.
So you accept their ‘truths’: that the US land and share markets are not in impossible bubbles which have been fed by the Federal Reserve; that you can make up for your inadequate wages by borrowing to live; that all the private debt owed to the banks can be repaid; that banks are merely intermediaries between ‘lenders’ and borrowers – because it’s much easier this way. And wouldn’t the media surely tell you if it was otherwise?
You wouldn’t want to join those nay-saying doomsters quoting facts and figures at you about the crass stupidity of central banks and the financial regime – because there is nothing to see here!