Archive - Dec 5, 2014 - Blog entry

A story has been echoing around the financial news for a few weeks: the Chinese economy is now larger than the economy in the US. Not so fast...

“I know the police cause you trouble;
They cause trouble everywhere.
But when you die and go to heaven;
You find no policeman there” 
--Woody Guthrie

 THE bubble, the biggest bubble in financial history: an incredible $100 trillion monster that is now growing by trillions of dollars every few months.

It is no secret to properly informed readers that the U.S. economy is mired in a Greater Depression. All claims of economic growth and a “U.S. recovery” are nothing more than a flimsy fraud. This fiction requires nothing more than lying about the rate of inflation, as all estimates of GDP are directly derived from the official rate of inflation.

HOLY MOLY that’s a biggie