Потёмкинские деревни aka Nothing to see here, people, move along.

If you've ever visited a movie studio, it may have surprised you to see what the sets actually look like. In some cases, a set can merely be a small 3D model that looks good on camera. The idea of Потёмкинские деревни or Potemkin villages is similar: create a shell that looks good in order to obscure the unhappy or dangerous reality behind it.

Key topics:

✔️Although the legend behind the Потёмкинская деревня may be false, the concept itself is true. Paper over problems and put on an act to keep everyone calm.
✔️ As I always say: IMO, if you wait to be "officially" told something, you've waited too late.
✔️Negative equity, the debt ceiling, multigenerational living, nations ditching the dollar, mass layoffs . . . yet you are supposed to think a recession is still just somewhere over the horizon. SMH.

Links:

https://en.wikipedia.org/wiki/Potemkin_village

https://www.amazon.com/Liberty-Justice-Some-Equality-Powerful/dp/1250013836


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