Not a resignation. His time was up. Now going to the UN to coordinate the Gretaization of the global economy. Guy is deep black and a Canuck.
“Equitably” (which is what the report says) provides even more room for maneuver
Not about IQ, Anon. It’s just subject matter familiarity. As another anon opined: WuFlu is real and hazardous for certain categories of people. Not equivalent to bubonic plague though, which is how the world is reacting.
Markets are about confidence and the media + certain market participants have induced panic. Financial measures needed to bring some stability, but still not underwriting the bottom. Until fear abates, financial measures will have only limited impact. Need for stimulus in the real economy because that’s going to take a hit.
But all this is proving (once again) that the entire system is unsustainable. Need: Real money, business credit for real economy, no propping up zombie banks and corps, reckless proprietary trading and derivative lunacy, etc, etc…
Big systemic changes must be in the works right now.
This is their UBI dependency ruse by the back door. Once it’s in, it will never go away.
What do you think the pushers of UBI will command of the populace over time?
Think never ending restrictions that must be complied with “or else no money for you.”