By Charles Hugh Smith
Source: Of Two Minds
I’ve coined a new portmanteau word to describe America’s descent:kleptocrapocracy, a union of kleptocracy (a nation ruled by kleptocrats) andcrapocracy, a nation drowning in a moral sewer of rampant self-interest in which the focus is cloaking all the skims, scams, rackets and bezzles in some virtuous-sounding garb, a nation choking on low-quality junk ceaselessly hawked by robocalls, spam, phishing and Big Tech manipulation.
It’s little wonder trust has collapsed in America:the only thing we can trust is whatever’s being pitched is deceptively packaged to mask the self-interest and profiteering of the perps.
The stench from the decomposing carcasses of once-trusted institutions is everywhere.Insiders and the marketers they pay to cloak their grifting are banking bennies at the expense of hapless debt-serfs who fell for the scam. You need these three costly medications, and then when the…
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