BERNANKE'S QE IS CREATING EXPANSION...IN CHINA...NOW WE HAVE OVER PRODUCTION

SOMEWHERE ALONG THE LINE MACRO-ECONOMICS GOT LOST....

IT WAS ABOUT THE ECONOMICS OF THE LARGER ECONOMY...NOW ITS THE SLAVE OF INTERNATIONAL CAPITAL...

WHAT HAS BEEN MISSED IS THAT THE FED IS CREATING GROWTH...IN CHINA...BUT THE DEMAND FOR THE GOODS BEING PRODUCED IN CHINA IS DECLINING AS THE WEST ENTERS A STRUCTURAL DEPRESSION CAUSED BY DECADES OF OFF SHORING OF CAPITAL AND PLANT TO ASIA'S CHEAP LABOR  ECONOMIES....

SIMPLY PUT ITS TOO MUCH SUPPLY AND TOO LITTLE DEMAND...BUT IT WAS ALL SO OBVIOUS...

YET THE NEED TO KEEP THE PAPER ASSET BUBBLES GOING IN THE US WAS SO GREAT THAT MACRO ECONOMICS WAS ABANDON FOR SOMETHING DIFFERENT....

NOW ITS SIMPLY LOOTING THE LAST OF ASSETS IN THE US UNTIL THE INEVITABLE COLLAPSE...

WE ARE IN DOOMSDAY RIGHT NOW...  WE SIMPLY CHOOSE TO IGNORE IT....

KEYNESIAN ECONOMICS WORKS...BUT ONLY FOR A NATIONAL ECONOMY...IT WAS NEVER INTENDED TO APPLY TO THE GLOBAL ECONOMY...

BEN IS PRINTING MONEY FOR THE WORLD NOW...AND CHINA IS THE BENEFICIARY AT THE EXPENSE OF THE THE US AND THE WEST...THAT WAS THE FALLACY OF QE AND THE LAST DESPERATE GASP OF BEN'S BIZARRE KEYNESIAN DYSTOPIA