Picture the world financial market as a hugely overbuilt skyscraper resting on a badly compromised foundation.
The core pillars supporting the structure are rotten and about to collapse, and the failure of any one would rapidly induce failure in all of them. The sensible approach would be to get as far as possible from the impending collapse. The Power Elite’s approach is to force commoners to work in the basement shoring up the mortally stricken building while the Important People evacuate.
That won’t work, of course, and the inevitable collapse will wipe out those left in the basement – but, hey, that’s just the price that has to be paid to save the Important People, who are, after all, more Important than the rest of us.
This is a great Sunday Morning read complete with a fascinating history lesson.