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!
Yes, Craig, how incredibly hopeless is it that we now have to resort to “Russia Today” to find a genuine critique of our financial system? Not that Russia captures its unearned incomes/economic rents instead of taxing productivity either, I hasten to add.
Thanks for putting me onto Renegade Inc. Keep up the great work on this site. I’ve all but given up on the ABC now to report any alternative news / information to mainstream media.
Reminds me of the saying;
A pessimistic yachtsman complains that wind conditions will never be favourable.
An optimistic yachtsman believes favourable wind conditions will arrive any minute from now.
A pragmatic yachtsman adjusts his sails accordingly.