THOSE WHO THINK THE CURRENT CRASH WILL TURN AROUND SOON ARE MISSING SOMETHING...
FIRST, THIS IS NOT A CRASH CAUSED BY THE FED "TAKING THE PUNCH BOWL AWAY" AS IN THE PAST...
TODAY THE FED IS PUMPING EXCESSIVE AMOUNTS OF MONEY INTO THE SYSTEM...AND INDEED HAS BECOME THE SHILL OF WALL STREET NOT IT'S GUARDIAN...
IT'S SORT OF LIKE THOSE SUBURBAN PARENTS WHO PROVIDE BOOZE FOR THEIR KIDS PARTIES BECAUSE THEY WANT THEM TO BE "LIKED" POPULAR AND WELL ADJUSTED AT SCHOOL!
TODAY THE DOLLAR IS PLUNGING IN VALUE AND GOLD AND OIL ARE RISING FAST... THIS IS EXACTLY LIKE THE 1971 ERA CRISIS WHEN THE DOLLAR "WENT OFF GOLD"...AND BRETTON WOODS WAS SCRAPED... THERE WAS HELL TO PAY FOR THAT...BUT THE NASTY ARABS TOOK THE BLAME IN THE AMERICAN SHILL MEDIA!
TODAY THERE IS A MASSIVE UNFUNDED WAR TO BE PAID FOR ....JUST LIKE IN THE 70'S DEBACLE WITH VIETNAM...
TODAY THERE ARE UNFUNDED SOCIAL NEEDS...SOCIAL SECURITY AND THE NEED FOR UNIVERSAL HEALTH CARE TO CONTROL COSTS... IN THE 70'S THE WAR ON POVERTY AND THE WELFARE STATE WHERE GROWING FAST.
TODAY MONEY IS TRAPPED IN THE FINANCIAL MARKETS...INDEED WE OFTEN TALK ABOUT "TWO ECONOMIES" ....THE REAL ECONOMY AND THE FINANCIAL ECONOMY.
THIS IS NOT HEALTHY... BUT IT COMES FROM USING GLOBALISM TO DEFEAT THE AIMS OF LABOR AND LABOR UNIONS WHICH ARE NEARLY EXTINCT IN THE US.
THIS "TRAPPED MONEY" SIMPLY DOES NOT "SLOSH OUT" INTO THE REAL ECONOMY NOW THAT LABOR IS WEAK AND WAGES ARE LOW... BUT THIS TRAPPED MONEY CAN BUY COMMODITIES...IF THE RETURN ON OTHER OVER-EXPANDED INVESTMENT OPTIONS BECOMES TOO SMALL...
THIS TRAPPED MONEY IS THE BASIS FOR THE FED'S BELOVED "ASSET INFLATION" WHICH IN TRUTH IS REALLY JUST INFLATION FOR THE RICH...NOT THE WORKING CLASSES OR THE "REAL ECONOMY"...INDEED THE FED AND WALL STREET THINK IT'S THE BEST KIND OF INFLATION!...
ASSET INFLATIN IS INFLATION STILL...AND NOW THE COLLAPSING DOLLAR PROVES IT YET AGAIN...
