What is a facade is the strength of the US dollar and all of the financial institutions.
There are those who are reaping huge profits from all of this QE and deficit spending.
While their profits may be legal, they are not moral or ethical because they are profiting from the borrowing of counterfeit money, and they certainly have nothing to do with free enterprise or Capitalism (big C capitalism, with its rules and risks, though all of those scumbags are small “c” capitalists, like hyenas capitalizing on the lions’ kill). Our monetary and financial industries are closer to economic fascism than any other system.
What remains to be seen is how long the central bankers and socialist government can float this country through a painful stagnation before it completely unravels.
Many pundits compare us to Japan and how they have been floating their economy on QE and BS for 20 years.
What those pundits fail to realize is that Japan had the growing economies (and strong monetary units) of China and the US to float them.
China is beginning to unravel (I predicted this over 10 years ago when it was evident that they were lying about their macro measurements).
The US has run over the cliff and is momentarily suspended above the canyon like Wile E Coyote before he drops.
My tagline here used to be “Prepare for survival.”
I still hold that belief, but the most important aspect of that prepping is to have a location far away from the masses (especially the animals in the cities) and to have a small group of people all working together, prepping, stockpiling, and committed to one another’s survival. You simply won’t survive on your own.
If you look at a map (or Joel Skousen’s “Strategic Relocation”), there aren’t many places that are far enough away from the masses.
If there is a total collapse, tens of millions will starve and be murdered in a very short time.
Truly a bleak scenario.
And it seems that evil is running around like a lunatic causing as much insanity in this country as possible.
Who can doubt that this is the plan that is the culmination of 100 years of Marxist/Communist planning and indoctrination and agitating and suing to so completely rot our heart from within that the body dies?
“Without allowing the free market to determine fair market value what gets created are ‘unstable distortions’ which at one point have to balance out.... Today we have a lethal combination of politics morphing with central banks who refuse to allow free market forces to do their sole job, and that is to determine fair value for every single asset class across the board..... In this fake environment where there are zero price discovery mechanisms, massive and very dangerous capital misallocations are occurring however, the day or reckoning is coming.”
This seems about right to me, but then I am not into the markets much.
A poster wrote from the article....