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Showing posts with the label Scoundrels and Fraudsters

The Easy Money Fairy Tale Is About To End Violently

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  The Easy Money Fairy Tale Is About To End Violently Truth, consequences and pain are on their way. And to the best of what I can tell, no one is prepared psychologically. Quoth the Raven For the better part of the last couple years, I have wondered whether financial markets are permanently broken . Not simply overvalued or temporarily irrational, but actually broken at the mechanical level and permanently distorted. I’ve written about it . The basic process that is supposed to make capitalism work goes like this. Capital flows toward good ole’ fashioned productive uses (like the George Foreman Grill™) and away from flashy hot-shit stupid ones (like the Apple Vision Pro ). Good businesses eventually outperform bad ones. Fraud eventually gets exposed. Making money is the point of a business. Price is a rationing mechanism and is determined by free markets. This system appears to have been dead for the last 10 years, at least. Nowadays, we function under a derivative of capitalism (...

“Health Inc” – The World’s Largest Conglomerate Scam

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“Health Inc” – The World’s Largest Conglomerate Scam    Peter Koenig Aug 07, 2026 “Health Inc” – is a new term coined for the conglomerate combined health sector which is the aggregated global health economy: public and private hospitals, clinics, pharmaceuticals, including new drugs,   for example, so-called Smart Payloads (for Robotic Pills and Capsules), devices (especially, for new robotic surgery), insurance, long-term care, public health administration, and supply chains. They all work hand in hand and in a well-coordinated fashion, so as to create one single sector with an enormous political weight and lobbying power. “ Health Inc ” is a compulsory growth engine, poised to grow faster than any other sector as a share of GDP in the West, with the only close rivals being defense and finance, both of which face structural limits that health does not. “Health Inc”   is the world’s largest single sector, not even rivaled by defense (war) and finance (banking). The ...