THE LAST FEW WEEKS WILL SEEM LIKE A WALK IN THE PARK COMPARED TO WHAT MUST COME NEXT...
THE DOLLAR BUBBLE IS OVER...AND IT WILL NOT BE "CURED" WITH MORE LIQUIDITY... NOT EVEN MASSIVE HYPER-LIQUIDITY...!
SO WE REALLY HAVE A CASE OF THE WRONG MEDICINE FOR THE SYMPTOMS...
THE LAST FEW WEEKS HAVE REALLY BEEN A CASE OF WISHFUL THINKING... A CASE OF DENIAL ABOUT THE TRUE STATE OF PLAY IN THE "OLD SYSTEM"...
AN ATTEMPTED TO KEEP "THE SYSTEM" GOING... WHEN "THE SYSTEM" IS REALLY A MONETARY AND FISCAL ZOMBIE...THAT SIMPLY CAN NOT BE SAVED...
THE SYSTEM HAS BECOME THE PROBLEM!!
UNLESS AND UNTIL SOME DISCUSSION OF THE REAL PROBLEMS...NAMELY THE DOLLAR AND EXCESSIVE EASY MONEY AND CREDIT.... KICKS IN...THE SPIRAL TO THE BOTTOM SIMPLY WILL NOT BE STOPPED...
