The ugly scarcity monster has been haunting this planet increasingly for the last few years. Practically all "developed" countries except maybe for Russia and China (who seem on an upward trajectory at the moment) are going through a protracted crisis of their respective financial systems.

 

The scarcity monster

Nasty little bloodsucker

Austerity, mass retrenchment of public workers and rapidly falling living standards for the middle and working classes are the order of the day. Look at Spain, Greece, Ireland, Italy for the more drastic effects of this crisis or look at Germany and the US for a more concealed hollowing out of the middle and working classes' economic sitiuation. 

Why is this happening?

The only thing that is somehow artificially made scarce i

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