strong industrial growth depends on slave labour

The low cost of labour helped the newly-industrialised West to grow
in leaps and bounds. The money made in the colonies from slave trading
and the farm produce that those slaves produced, created the wealth
that was turned into improvements in engineering, science and
industry.

We see the results around us. The huge buildings in London were all
built on the backs of slaves.

Nowadays we have the wage slaves. The minimum wage dead-end job where
people can barely afford to keep the rain off their heads and clothe and feed
themselves is a situation where no personal growth is available.

The rest of us, if we are indebted to bankers for our car and house and
other credit card purchases, we are indeed working for the bankers as
well as our bosses and again, little growth is possible.

So, these are examples which show that with stagnant wages and inflation
how workers are becoming slaves and thus allowing for great growth. Only
now, we don't have industry, we have bankers and rich folk stashing money
away.

If they stashed it within the confines of those same Western countries, then
that money would circulate. However, the bankers and other oligarchs are
stashing their mone in offshore hide-aways, so the money is vacuumed
out of the economy. Those people have so much money and access to
cheap government credit that they are causing commodity prices (fuel, food)
to skyrocket whenever the cycle comes up for that kind of lucre.