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'Miracle' needed to save the world, because central banks can't
Source material cannot be posted to FR | 11 May 2016 | Vesna Poljak

Posted on 05/11/2016 6:03:21 AM PDT by Lorianne

see link below


TOPICS: Business/Economy
KEYWORDS: centralbanks; globalcrisis

1 posted on 05/11/2016 6:03:21 AM PDT by Lorianne
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To: Lorianne

http://www.smh.com.au/business/the-economy/miracle-needed-to-save-the-world-because-central-banks-cant-says-btims-gor-20160510-goqv3k.html


2 posted on 05/11/2016 6:03:49 AM PDT by Lorianne
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To: Lorianne

3 posted on 05/11/2016 6:06:17 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Travis McGee

“The best the world can hope for is a productivity miracle from some new technology to rescue growth and demand, but absent that we are still in for a very tough future, and there is little that central banks can do about it. We really think they are just now figuring that out as well.”

(Praying for miracles is not sound policy. Hope is not a plan.)


4 posted on 05/11/2016 6:10:20 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: Lorianne

The current world situation is planned to maximize profits for the richest people on the planet.


5 posted on 05/11/2016 6:37:03 AM PDT by mountainlion (Live well for those that did not make it back.)
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To: Travis McGee
Hope is not a plan.)

But Hope and Change is!

6 posted on 05/11/2016 6:40:08 AM PDT by null and void ("when authority began inspiring contempt, it had stopped being authority" ~ H. Beam Piper)
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To: Lorianne

If catastrophic collapse is looming, that provides all the incentive that is needed for every party around the globe to continue supporting the lie to the maximum extent possible.

My gut feel is, they can keep that up for decades.


7 posted on 05/11/2016 7:05:12 AM PDT by Buckeye McFrog
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To: Buckeye McFrog

What’s a mere $20T in US debt and climbing! Nothing but paper and hopey changey:-)


8 posted on 05/11/2016 7:25:59 AM PDT by Harpotoo
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To: Lorianne

On the bright side, when this entire house of financial cards collapses and the massive die-off occurs, humanity will have a much smaller carbon global footprint and the planet may once again have a hope of being saved!


9 posted on 05/11/2016 7:37:14 AM PDT by Gritty (Assent to obvious lies is co-operating with evil. A society of liars is easy to control.-T.Dalrymple)
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To: Lorianne

The big question is do we violently collapse or sit stagnant, like the last 10+ years, indefinitely? I think politicians and monetary manipulators are trying for, “indefinitely”. But, eventually, they will f**k up and it will all collapse.


10 posted on 05/11/2016 8:01:20 AM PDT by ryan71 (Bibles, Beans and Bullets)
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To: Travis McGee
Would a field test 2nd half 2017 fit the billing? Not trying to get hopes stoked--just a note to look around about that time and watch for something to surface in the energy market. Sometimes ideas are the easy part--engineering that work's more than 20 minutes can require a miracle.


11 posted on 05/11/2016 8:29:44 AM PDT by Ozark Tom
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To: Buckeye McFrog

And this is what the political establishment fears - that the public will see the ‘man behind the curtain’.


12 posted on 05/11/2016 10:09:02 AM PDT by Kommodor (Terrorist, Journalist or Democrat? I can't tell the difference.)
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To: Ozark Tom

I’m long on escape pods for 2017.

“Burning down the house in 2016”

http://www.freerepublic.com/focus/f-bloggers/3400227/posts


13 posted on 05/11/2016 10:53:00 AM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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