CLEARLY THERE IS NO GOOD WAY OUT OF THE FED'S CURRENT HYPER-LIQUIDITY TRAP...
THE MARKETS SCREAM EVERY TIME THERE IS A SUGGESTION THAT THE FED WILL TAKE THE "TRAINING WHEELS" OFF...AND FORCE STOCKS TO PERFORM ON THEIR OWN...IE BY SALES BASED ON DEMAND...AND NOT ON MASSIVE PUMPING OF MONEY INTO THE SYSTEM...
PRESENTLY THE ONLY DEMAND THAT IS BEING CREATED IS OFF SHORE DEMAND WHICH IS BEING GOOSED BY THE FED'S CHEAP MONEY...
IN SHORT THE FED HAS BEEN BUILDING UP CHINA...NOT THE US ECONOMY...ANY AMERICAN COMPANY THAT WANTS TO "DO AN APPLE" AND MOVE ALL PRODUCTION OFF SHORE ...HAS THE MONEY TO DO IT...
SO DEMAND IN THE US IS PUNK...WHILE DEMAND IN ASIA IS IMPROVING...ALL BASED ON THE FED'S PRINTING PRESS...
CLEARLY THERE IS SOMETHING TOXIC GOING ON HERE FOR AMERICA AND AMERICANS...BUT THE CAPITAL MARKETS...AND THE CAPITALISTS ON WALL STREET ARE INTERNATIONAL...THEY ARE NOT BOUND BY BOUNDRIES....
AMERICAS AND AMERICAN WORKERS ARE BOUND BY BOUNDRIES...AND ARE STUCK IN AN ECONOMY THAT IS FEEDING ASIAN GROWTH ...AT THE EXPENSE OF AMERICAN JOBS...
ONE THING IS CERTAIN...THIS WILL END BADLY...BUT LIKE THE DOTCOM BUBBLE...NO ONE CAN SAY WHEN... FOR NOW THE MARKETS MUDDLE ALONG...HIGHER OR LOWER...IT REALLY MAKES NO DIFFERENCE...! WHY...
BECAUSE NONE OF IT IS REAL... THE FED...AND AMERICANS...ARE STUCK IN AN ALTERNATIVE UNIVERSE OF ECONOMICS...
AMERICA HAS FALLEN THROUGH THE LOOKING GLASS...AND REALLY HAS NO IDEA OF WHAT TO DO ABOUT IT... EVEN CHINA NOW HAS AN EMBARASSMENT OF FED RICHES...AND IS CONCERNED ABOUT THE COLLAPSE OF END DEMAND AMONG THE FORMER MIDDLE CLASS IN THE WEST...
WE ARE STUCK IN A FANTASY...BASED ON A FICTION...GOING DOWN THE RABBIT HOLE...WE CAN ONLY GO FASTER...TO SEE WHERE IT ALL LEADS...IN THE END...
