{"id":145190,"date":"2025-01-23T12:43:40","date_gmt":"2025-01-23T10:43:40","guid":{"rendered":"https:\/\/thecuriousbrain.com\/?p=145190"},"modified":"2025-01-23T12:43:42","modified_gmt":"2025-01-23T10:43:42","slug":"the-global-economy-is-a-pyramid-scheme","status":"publish","type":"post","link":"https:\/\/thecuriousbrain.com\/?p=145190","title":{"rendered":"The global economy is a pyramid scheme\u00a0"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"922\" height=\"519\" src=\"https:\/\/www.youtube.com\/embed\/6F7h1VJGp8w?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><\/figure>\n\n\n\n<p>There was a time when one earner could support an entire family. However, due to escalating costs in the 1970s, it became necessary for wives to enter the workforce. By the 1990s, even two incomes were insufficient, leading families to abandon savings. By the 2000s, with both partners working and no savings, families began borrowing well beyond their means to cope with inflation. This documentary traces the global economic crisis from the Bretton Woods Agreement to the Nixon shock and the Occupy Wall Street movement. It reveals how the U.S. Federal Reserve has led not only the American economy but also the global economy to function much like a Ponzi scheme. Since the pandemic, debt expansion is out of control.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There was a time when one earner could support an entire family. However, due to escalating costs in the 1970s, it became necessary for wives to enter the workforce. By the 1990s, even two incomes were insufficient, leading families to abandon savings. By the 2000s, with both partners working and no savings, families began borrowing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":145192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[193],"tags":[1449,717,3989,4032],"class_list":["post-145190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-videos","tag-documentary","tag-economy","tag-finance","tag-global-economy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-global-economy-is-a-pyramid.jpg?fit=1280%2C720&ssl=1","jetpack-related-posts":[{"id":147344,"url":"https:\/\/thecuriousbrain.com\/?p=147344","url_meta":{"origin":145190,"position":0},"title":"Follow the Money: Why the World&#8217;s Poorest Countries Stay Poor?","author":"thebrainbehind","date":"26\/06\/2025","format":false,"excerpt":"https:\/\/youtu.be\/GDYVFJzD8c0?si=8g6bZXhC6SXr8xR4 A film about corruption in high places and those who enable it. Politically Exposed Persons (PEPs) are people who hold a public function and as a result present higher risks of being involved in bribery or corruption. Offshore leaks have revealed repeatedly that PEPs use British finance and British\u2026","rel":"","context":"In &quot;videos&quot;","block_context":{"text":"videos","link":"https:\/\/thecuriousbrain.com\/?cat=193"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/follow-the-money-why-the-worlds.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/follow-the-money-why-the-worlds.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/follow-the-money-why-the-worlds.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/follow-the-money-why-the-worlds.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/follow-the-money-why-the-worlds.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":146028,"url":"https:\/\/thecuriousbrain.com\/?p=146028","url_meta":{"origin":145190,"position":1},"title":"Why the World Economy Might Be Stuck in Neutral \u2014 And What That Means for Us","author":"thebrainbehind","date":"26\/03\/2025","format":false,"excerpt":"The United Nations just released its latest economic update, and let\u2019s just say \u2014 we\u2019re not exactly racing toward growth. According to the World Economic Situation and Prospects: March 2025 report, global economic growth is projected to stay at 2.8% this year. That\u2019s the same sluggish pace as 2024. Why?\u2026","rel":"","context":"In &quot;all other stuff&quot;","block_context":{"text":"all other stuff","link":"https:\/\/thecuriousbrain.com\/?cat=1"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/MB188_fig1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/MB188_fig1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/MB188_fig1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/MB188_fig1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/MB188_fig1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":135380,"url":"https:\/\/thecuriousbrain.com\/?p=135380","url_meta":{"origin":145190,"position":2},"title":"Global recession 2020 when will the economy recover?","author":"thebrainbehind","date":"30\/12\/2020","format":false,"excerpt":"Now you know!","rel":"","context":"In &quot;all other stuff&quot;","block_context":{"text":"all other stuff","link":"https:\/\/thecuriousbrain.com\/?cat=1"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148005,"url":"https:\/\/thecuriousbrain.com\/?p=148005","url_meta":{"origin":145190,"position":3},"title":"The Famine In Gaza Palestine","author":"thebrainbehind","date":"29\/08\/2025","format":false,"excerpt":"https:\/\/youtu.be\/-Nj5bcmm8OI?si=BFhpQYXyRzxJq4zx This Short Documentary explores the harsh reality of The Famine In Gaza, shedding light on the daily struggles faced by families in Palestine \ud83c\uddf5\ud83c\uddf8. It\u2019s a story of survival, resilience, and the urgent need for global awareness. Through this Short Documentary, we show the devastating effects of The Famine\u2026","rel":"","context":"In &quot;videos&quot;","block_context":{"text":"videos","link":"https:\/\/thecuriousbrain.com\/?cat=193"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-famine-in-gaza-palestine.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-famine-in-gaza-palestine.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-famine-in-gaza-palestine.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-famine-in-gaza-palestine.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-famine-in-gaza-palestine.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":148464,"url":"https:\/\/thecuriousbrain.com\/?p=148464","url_meta":{"origin":145190,"position":4},"title":"The Business of Keeping People Poor","author":"thebrainbehind","date":"22\/09\/2025","format":false,"excerpt":"https:\/\/youtu.be\/w3nwdRIXGjc?si=DNmHdvJJHo7SIvQO Now you know!","rel":"","context":"In &quot;videos&quot;","block_context":{"text":"videos","link":"https:\/\/thecuriousbrain.com\/?cat=193"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-business-of-keeping-people-p.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-business-of-keeping-people-p.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-business-of-keeping-people-p.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-business-of-keeping-people-p.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/thecuriousbrain.com\/wp-content\/uploads\/the-business-of-keeping-people-p.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":132044,"url":"https:\/\/thecuriousbrain.com\/?p=132044","url_meta":{"origin":145190,"position":5},"title":"Kristalina Georgieva:How to rebuild the global economy","author":"thebrainbehind","date":"21\/05\/2020","format":false,"excerpt":"https:\/\/www.ted.com\/talks\/kristalina_georgieva_how_to_rebuild_the_global_economy","rel":"","context":"In &quot;PPT\/ cool decks&quot;","block_context":{"text":"PPT\/ cool decks","link":"https:\/\/thecuriousbrain.com\/?cat=221"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/posts\/145190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=145190"}],"version-history":[{"count":1,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/posts\/145190\/revisions"}],"predecessor-version":[{"id":145193,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/posts\/145190\/revisions\/145193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=\/wp\/v2\/media\/145192"}],"wp:attachment":[{"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thecuriousbrain.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}