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'..in the face of massive monetary pumping and deficit spending..'

Posted by ProjectC 
'..the preceding credit expansions have fatally weakened the economy's ability to generate true wealth.'

'We would submit that the recent deterioration in economic data provides indirect proof that the economy's pool of real funding is in severe trouble. If the economy can not even maintain a 'statistical recovery' in the face of massive monetary pumping and deficit spending, then this shows that the preceding credit expansions have fatally weakened the economy's ability to generate true wealth. The problem is no longer just cyclical, it has become structural.

Given that the economy's structural foundations have been damaged to such an extent, eventually no amount of intervention will be able to maintain the illusion that 'recovery' can be 'bought' with the help of the printing press.'

- Acting Man, The Potemkin Economy, June 3rd, 2011


Context

'.."financial slavery" that grips the world .. are of high human and personal cost..'