Harper+Cameron's 'laissez-faire' creates global depression

 At the World Championship ‘hold-em’ poker game called ‘free-trade’, the Transnational Corporations cleaned-out the Western countries who gave them birth and nurtured them.  Shipping jobs off-shore and avoiding paying any taxes.  Governments saw their revenues plunge.  Then moving on to the next level; executives, traders and banksters cleaned-out the banks and institutions that allow the system to operate at all.

But what do you do when you’ve won all the chips and there’s no one left to play with?  They are now in a quandary – where can they put their money?  Gee whiz, there’s no safe investments anymore!  Because they’ve bankrupted the system.  Banks, Governments, counties and the populations that supported them are broke.

Instead of clawing back lost revenue with a wealth tax or international profit taxes, trained mascots for the wealthy, Harper and Cameron have vowed to cut their way out of debt, back to prosperity.  You can’t cut your way to revenues that have fallen off the chart.  Like the thirties, this is only deepening the recession and slowing even more the gasping economy.