I really am troubled by this QE business. Please see the full article — if you have the time and interest — to see details regarding the impending financial/economic implosion that QE seems quite likely to entail. If history is any guide.
Why the trouble?... What is.. IS.. and what ain’t.... AIN’T..
FAilure to learn from history dooms to repetition of it..
It’s coming.. like a cyclone you can see with your eyes.. and even hear..
Being prepared for it as much as possible.. is the wise choice..
If you cannot prepare in some aspects,, THEN YOU CANNOT..
Being prepared in the ways you can(or are willing to) prepare is mandatory..
Being totally UNPREPARED is just stupid.. many have seen this coming for decades..
What if it “DON’T” come.. (the collapse of society)...
Then you will have too much ammo, rice, beans and water storage containers.. on hand..
NO problem really.. and you can laugh at yourself in the mirror..
The Failure of Civility has happened many many times worldwide..
and will again... maybe here in the United States.
http://afailureofcivility.com/ABOUT_US.html
Seems to me they just keeping shifting the bubble to elevate the market in the hopes the economy will take off, generating enough wealth to ultimately swallow the moving bubble. The bubble was in real estate, then insurance, then banks, etc.
The bubble will either move or pop. If the banks keep holding the Q.E. phoney money instead of lending it out (the theory being that will cause the economy to bootstrap) - it'll surely pop.
The only way to avoid it is to introduce real new money into the economy. And there are only two ways to create real new money: mining and invention. Everything else just shuffles money around.
As Sarah would say: drill, baby, drill. Bring enough U.S. oil into the market to drive the price down by 50% and the economy will take off.
Or perhaps there is a new invention out there, like the personal computer, which can create new money.