Archive - Apr 8, 2012 - Blog entry

China reported strong copper and copper product imports in February. However, rather than a sign of strong end user demand, a lot of the stockpile copper will never get shipped out to end-users.

No soft landing for Japan. 

A lot.

As leviathan government, Central Bankers and the welfare states battle Mother Nature and Darwin, the stakes for the global banksters and elites could not be higher.   Governments in the US and Europe are striving to place debt and legal shackles on those they pretend to serve and working for the interests of banksters, power-hungry public servants and entrenched government bureaucrats against that of their own constituents.

Welfare states on both sides of the Atlantic are creating legions of government dependents to justify their TAKINGS of the private sector.  Having already spent the money they have collected and borrowed since Bretton Woods II, credit markets are REJECTING their requests for further lending.  New sources of REVENUES must be found since they have effectively DESTROYED wealth and income creation in their economies.  So it’s off to the printing press and PROGRESSIVE, rubber-stamp legislatures they go.

The UNFOLDING destruction of the developed world’s economies and financial/currency systems continues apace.  Public servants are trying to defy Mother Nature with the stroke of a pen; she will not yield to this.  Radical Marxist POLITICAL solutions to practical problems are at the end of their collective ropes (double entendre intended).  You CANNOT store wealth in paper, PERIOD.  Those who do will get what they deserve: NOTHING.  It has been and will be printed endlessly from this point forward as Socialist government policies have destroyed wealth creation and substituted Ponzi asset-backed economies in their place.  Now those economic models have reached their COLLECTIVE endpoints.