Forget Google - It's time to break up the payment processing duopoly of Visa and MasterCard

submitted by magnora7 from medium.com

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[–]StillLessons 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (1 child)

I agree.

This is why zombie corporations are such a desperate measure. As large corporations have in fact become unprofitable (even without formal boycotts, people are migrating away to other arenas), showing that they don't represent us, TPTB have stepped in to rig the game so they are not allowed to die. As you point out, however, this game has a limited lifespan. The monetary system is about out of ammo to keep fighting a clear disintegration of large capital. How we get from here to a renewal of small-scale local manufacturing and service, however, is the $64,000 question. Dating myself... ;)

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

How we get from here to a renewal of small-scale local manufacturing and service, however, is the $64,000 question. Dating myself... ;)

Chaos, anarchy, pain, and quite possibly the balkanization of the US along ethnic/religious lines. Since you see it coming too I'm sure you're prepared/preparing as well. It's gonna be a good time, well, not really. A necessary time. Plenty of opportunity on the horizon for those that have ensured they are not 100% dependent on the existing paradigm / system.