Fag Future 2011 - 2020 (6)

6.  Return of the Barter Economy in the West

Hey white fag.... Have you woken up to acknowledge just how comprehensively you're being fucked by (equally white) banksters causing massive income inequality?  You haven't.....??  That's too bad.  If you were reading the Finance And Fags series in this blog, you'd have twigged by now.  


Debt Financing Debt Train Wreck 

Let's put it in a language you fags can understand. Europe, the Nanny Kingdom and God's Own Country are a deliberately engineered slow motion train wreck as a result of massively unsustainable Sovereign Debt, Corporate Debt and Personal Debt.  The Trillions in Derivatives (yeah....Trillions) are an unregulated market with a Daisy Chain of Counter-party risk.  In other words, fags, somebody owes somebody else real cash on a debt bet (i.e. Hedging) based on debt to begin with.  Are you beginning to get the stupidity?


Who Pays?  You Do, White Boy 

In accordance with the principle of Profits Are Privatized (think fat bankster bonuses) and Losses Are Socialized (the Great Unwashed Public on the hook for everything else) expect to see the loss of individual freedoms, higher taxes, a cutback in municipal and social services, increasing polarization between unions and management, massively debased currencies - courtesy of the Official Ejaculation called Quantitative Easing whereby more worthless Pounds, Euros and Dollars  are electronically created to keep the illusion that the banks are solvent - creeping inflation and...... the greatest con of all........the progressive banning of cash transactions in order to force people to use electronic Debit Cards or......go into more DEBT !!!  Did you notice that Spain has banned cash transactions over 2,500 Euros? Even Israel is contemplating banning cash.


Students Blowing Their (Debt) Load

In the Nanny Kingdom and God's Own Country, the next bubble to pop will be the unpaid Student Loans. Anyone's who's sniffed around Fagland in those 2 countries will be well aware of how twink fags love to brag about the size of their Student Loan Debt and how they have absolutely no intention of paying it back.  

Of course, it's not just twink fags affected by this default.  Fags in their 30s and beyond are still saddled with this debt of several hundred thousand dollars. As the Western economies shrink and the spectre of Deflation looms, more people will be laid off. Personal cash flow becomes tight.  The ability to service Student Loans vanishes.  The fag blows his money on drink and drugs.


Rise Of Youth Unemployment Rates In White Countries 

Check out this interesting graphic from the Economist showing rising youth unemployment rates in your favourite white and swarthy Mediterranean country:

Result....?  The Barter Economy 

So what's gonna happen?  People in the West are gonna opt out of a financial system they view as raping them.  Fuck their credit scores, fuck their debt and drift away from cash and credit. It's already started with a small town in Greece bringing back the Barter Economy......i.e. I'll give you 2 carrots for 2 eggs.  It's happening in Spain too. It's happening in California;  Right now they're isolated but the buzz and the anger is spreading quickly.  Watch carefully fags........the Return of the Barter Economy is gonna put the common man on a collision course with the World Management Team.

So white fag.........exactly what will YOU offer in a Barter Economy where your survival depends on it??  Last year's Club Tracks....?  Your porn stash..?  The leftover weed cut with celery leaves....?? 

Just to be clear fags, FuelMix is NOT claiming or implying that Asia is superior in all of this mess.     Asia has structural problems of its own which have been compounded by the financial games the West is playing. Its export-driven economies are slowing and domestic consumption cannot yet pick up the slack. There are problems with corruption, the shadow banking system and fraud.  Anger is building here too. 

Originally published 3 May 2012.
Amended and Republished 9 June 2014

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