MY SENSE IS THAT SOMETHING HAS CHANGED IN THE LAST FEW WEEKS.
THE GLOOM IS NOW GLOBAL... AND AMAZINGLY IT IS BEING EXPRESSED BY THE PAID PUNDITS IN THE MEDIA...
GLOOM IS NO LONGER JUST SOMETHING YOU SEE IN COFFEE SHOPS ON MAIN STREET IN FLY-OVER-COUNTRY.
REMEMBER HOW THEY USED TO SAY THAT THE GREAT DEPRESSION WAS HITTING THE FARM BELT...LONG BEFORE IT MADE IT TO WALL STREET...?
YEAH...WELL, IT'S SORT OF LIKE THAT. ALAS, THE RICH ARE ALWAYS THE LAST TO KNOW ABOUT THESE THINGS... "HEY, LET THEM EAT CAKE!" NATURALLY THE PUNDITS ARE PAID BY THE RICH TO MAINTAIN THE HAPPY TALK AS LONG AS POSSIBLE...
EVEN IN THE EARLY 30'S...THE ELITE US MEDIA HAD IT'S HAPPY TALK CROWD... THEY ARE LOST TO HISTORY NOW. WE DON'T REMEMBER OR TALK ABOUT THEM ANYMORE.
THIS OF COURSE IS MUCH MUCH WORSE THAN THE 1930'S... BACK THEN THE AMERICAN ECONOMY WAS AN INDUSTRIAL POWERHOUSE...LOOKING FOR A MARKET.
NOW...ALL THE FACTORIES ARE CLOSED... CHINA DOMINATES GLOBAL FINANCE...THANKS TO THE FED'S BUBBLE LIQUDITY POLICIES AND WASHINGTONS UNWILLINGNESS TO PROVIDE HEALTH CARE AND PROTECTION TO AMERICAN MANUFACTURERS...
WHO...BY THE WAY...WERE ACTUALLY ENCOURAGED BY WASHINGTON...TO MOVE OFF SHORE!!
WELL...NOW WALLOW IT IN...!
THE GREAT TECTONIC PLATES OF THE GLOBAL ECONOMY ARE SHIFTING AGAIN... AND THE COMING EARTHQUAKE WILL SHAKE UP THE WORLD FOR THE NEXT FIFTY YEARS...!
MY HUNCH IS THAT THE US IS GOING TO NEED SOME "PAY TO PLAY" PROTECTIONISM... IF YOU'RE GOING TO SELL TO OUR MARKETS...YOU HAVE TO PAY THE BILL FOR MAINTAINING THE MUCH SOUGHT AFTER AMERICAN MIDDLE CLASS...NOW NEARLY EXTINCT...!
MAINLY BECAUSE OF GLOBALISM, WALL STREET GREED... AND THE FREE TRADE BULLSHIT...!
