From Charles Hugh Smith, at oftwominds.com:
Those who believe that phantom recoveries and phantom metrics can be substituted for reality are in for a shock in the next downturn.
Stripped of artifice, there are only two kinds of media stories: those that support the status quo narrative, and those that are skeptical of that narrative.
What is the status quo narrative? Simply this: not only is this the best possible arrangement of labor, assets and money, it is the only possible arrangement of labor, assets and money.
It is impossible to challenge a system that is the only possible arrangement; the only option is to accept it.
In effect, the mainstream media is a vast Psychological Operation (PSYOPS) aimed at persuading the American public that the status quo Imperial system of predatory, debt-based crony-capitalism that benefits the few at the expense of the many is not just beneficial to all…
View original post 223 more words