THIS FEELS LIKE A MARKET THAT HAS A LONG LONG WAY TO FALL...
GIVEN THE CREDIT CATASTROPHE...AND THE MASSIVE BUBBLE ECONOMY THAT SPAWNED IT...
THERE ARE REALLY NO STOPPING POINTS ABOVE DOW 2,000 ...WHICH IS WHERE THE INSANITY STARTED IN THE FIRST PLACE...AFTER THE 1987 CRASH... CLICK HERE FOR CHART.
THERE ARE NO HOSANNA MOMENTS OUT THERE...IT'S ONLY SHORT COVERING FOR RALLIES NOW...
RIGHT NOW...WE NEED TO FIND THOSE RESPONSIBLE... THE STREET, THE CONGRESS, INTERNATIONAL CAPITAL, THE CRANK ZIONISTS...THERE ARE PLENTY OF PEOPLE TO BLAME...
CAN THE US EVER RECOVER...?
WELL, THE QUESTION IS RECOVER FROM WHAT...? AND TO WHAT...? DO WE "BRING THE FACTORIES BACK?" DO WE MAGICALLY STOP THE LOOTING THAT STARTED 20 YEARS AGO WITH RAY-GUN-OMICS? DO WE MAKE THE STUPID AMERICAN VOTER ...SUDDENLY SMARTER AND MORE CLASS CONSCIOUS AND ECONOMICALLY AWARE...? HOW? WHAT? WHEN? ...?
THE AMERICAN ECONOMY IS JUST A DE-INDUSTRIALIZED...HOLLOWED OUT SHELL...
MASSIVELY IN DEBT...AND PRINTING MONEY LIKE GERMANY IN THE 1920S...!
HOW DO YOU "RECOVER" FROM THAT...?
THE AMERICAN ECONOMY HAS BEEN A MACRO-ECONOMIC ZOMBIE LIVING OFF OF IT'S FORMER "EXCEPTIONALISM"...SINCE BRETTON WOODS...
THIS WEEKEND THERE WAS A "NEW BRETTON WOODS"...BUT NO ONE IS SAYING MUCH ABOUT IT...WHY?
WELL, BECAUSE THE ONLY THING WE HAVE TO FEAR IS...AND A WORLD-WIDE PANIC OUT OF THE US DOLLAR...AND THE BLOATED PAPER IN THE AMERICAN BOND MARKETS
ALAS, UNLIKE IN 1932, THAT IS MUCH MORE THAN JUST FEAR ITSELF...!
