“It’s time to reset and start over.”
What’s that supposed to mean?
“It’s time to reset and start over.”
What’s that supposed to mean?
It means the leaches are running out of blood, so they want to eat the host.
Adler sees things more from the financial and Federal Reserve workings and how it affect the markets or market place (money/bond pumping, interest rates, government statics, etc.). Basically, he uses simple math.
A reset involves loan forgiveness on all levels. That means people lose money (bond investment fail), most banks will have to close, Wall Street ceases to see large amount of money flowing into stocks. Pretty a depression until all outstanding is debt accounted for i.e. in being paid for, forgiven, written off, reduced. Personal, private and governmental debts.
Either it happens now in a controlled environment or will happen a in a violent chain of events that is unavoidable
as bankers run out of other peoples money.
All these bailout, including Euroland and everywhere else, involves a banker’s loan with interest and fees. The more bailouts, the more fees have to be paid (also the more bets markets can place on the bailouts failing, just like riverboat gambling on a worldwide scale that taxpayers unknowingly guarantee and pay for since banker are ‘to big to fail’ and even when they lose a bet (trade), they win because they claim hardships, like the world will end without them and then get money at low interest loans rates or access to another line of government credit,etc (so many ways to fleece the taxpayers).
I can’t put it any more simple than, crooks being paid big (taxpayer) money to be crooks.
On the protest front, you have extend unemployment payments, historical high in food stamp payments, money going from government to private companies (unions, campaign contributors, whatever) just like socialism in its various stages. And the people are still not happy. Do they want more? Or do they their own way of life back? I don’t know and neither do they but until some figurehead comes forward with a plan to heal all the wounds, get things back on track, the protests will continue.
Eventually the US$ loses it world reserve status as confidence erodes away in how the US functions without the rule of law.
Unknowns in people’s futures make them very edgy and they can sense a reset coming no matter what (at least the ones who can balance a checkbook can see it coming). Easing the pain now would avoid blood in the streets later on down the road.