There’s a new feature to the Anything-Goes-and-Nothing-Matters economy: Nothing-Adds-Up. The magicians who pretend to measure the growth of GDP (Gross Domestic Product - the monetary value of all the finished goods and services) came up with a second quarter “adjusted” figure of 1.2 percent. That would have to be construed by anyone acquainted with basic econ stats as perfectly dismal. And yet the Bureau of Labor Statistics put out a sparkly Nonfarm Payroll Report of 255,000 for July, way above the forecast 180,000.
There were so many ways to game the jobs number — between people forced to work more than one shit job and the notorious “birth/death model” used to just make up any old number for political purposes — that no one can take this information seriously. Anyway, the GDP number was instantly forgotten and the jobs number launched the stock markets to previously uncharted record altitude.
Companies don’t make money, despite rising share prices. No one in his right mind buys bonds with negative yields - that promise to pay back less over time - so governments have to pretend to buy them. (In fact, they don’t so much “buy” them as simply extinguish them by playing three-card-monte with national treasuries.) And, of course, the masses of people in all these nations - including the patsy USA - sink ever deeper into penury every month.
The release of tension is being felt in the ground game of politics where outsider candidates here and abroad are rising on a tide of rage and resentment. Nothing is normal and “the people” are finally onto it. Sadly, it looks as if both politics and finance are veering toward crack-up simultaneously.
When it happens, she will have no idea what to do.
In February 2015, Ars Technical dubbed The Equation Group "the most advanced hacking operation ever uncovered." According to Kasperky, the "Equation Group" is a threat actor that surpasses anything known in terms of complexity and sophistication of techniques, and that has been active for almost two decades." While Kaspersky Lab stopped short of saying it’s the NSA, its researchers laid out extensive evidence pointing to the American spy agency, including a long series of codenames used by the Equation Group and found in top secret NSA documents released by Edward Snowden. The Equation Group, according to Kaspersky Lab, targeted the same victims as the group behind Stuxnet, which is widely believed to have been a joint US-Israeli operation targeting Iran’s nuclear program, and also used two of the same zero-day exploits.