WELCOME TO THE ECONOMIC COLLAPSE: DEBT

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Governments. At the service of the people. Democracy as a supreme good. The citizens are always right! Let's do what the people want!

Irresponsibility.

Governments promise. They talk a lot. They play trileros to trick the electorate - and they always succeed - that happens with debt.

He promises the voter heaven and they don't say how they will build the ladder.

The 2008 crisis left the world bare. Its corruption. The undeniable ties between money and power. Today, the intrigues have more than come to light, and those who rule cannot hide them. But they can play a card.

The confusion.

An old aesthetic trick. Pretend you face the system and leave it intact. Immaculate. Don't even touch it. The old tancrediana policy.

Debt can do it all! Look for today, someone will fix this tomorrow. That is the philosophy. Spend, spend and spend. Keep the lie whatever. Add gasoline to the fire.

Debt has increased fourfold in 20 years. Not bad isn't it? What has that money been spent on? The correct answer is, to keep a lie. In hiding your head under the sand and not looking at the arid reality.

Who is responsible? Let us begin.

Politicians: This social group is the enemy of responsibility, understood as telling voters that the economy must be sanitized. Instead, they prefer to kick the can, promise the impossible, and keep increasing spending.

Everything is for reelection!

This attitude ended up turning the economy into an absolute pyramid scheme. A biblical manure dump.
Bankers: manipulators of the financial system; Greedy, looking for business under the stones.

They granted credits with money that did not exist; they speculated more than they should and despite all their sins.

They asked the government for ransom.

The state, instead of throwing away the rotten apples, decided to clean them up a bit and declare them fit for consumption, hoping that the evils would fly to never again.

Executives: repurchased their shares. They mortgaged their companies. All for following one more week in office and not losing their shareholder bonds. Who renounces that privilege!

Of course the manager does not.

The list goes much further: but we leave that for another installment.