Last week’s summary: In 2012 EVT, the deepening chronic budget deficit and the rising need for liquidity of Everstate (the ideal-type corresponding to our very real countries created to foresee the future of the modern nation-state) give an increasing power to the lenders elite group, allowing for new forms of appropriation of public power. Everstate sinks into a vicious circle. (The reader can click on each picture to see a larger version in a new tab). On the difficulty of cooperating with elite groups The second phenomenon driving Everstatan political authorities’ incapacity to deliver security is a related creeping new appropriation of public resources and a weakening of the strength of central public power to the profit of various elite groups, the first of which was the lenders’ nexus. As many …
Continue reading “2212 EVT: the Power of Novstate (The Chronicles of Everstate)”
