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TedBits - Newsletter

Once again the smell of NAPALM is in the air

As we begin 2014, it is important to recognize the levels of INSANITY currently existent in the world  enabling us to understand the apocryphal nature of the times we live in and prepare ourselves to meet the challenges it represents.  The world is leveraged to an extent that has never before seen in history! Debt now masquerades as NOMINAL growth and REAL growth has ceased.  Headline economic reports are now nothing more than POLITICALLY CORRECT HOAXES to FOOL the public at large and mask the betrayal of the public by the leaders who hold the reins of power.  ECONOMIC Stagnation emerged after the 2008 Global financial crisis and in real terms has NEVER ENDED!
 

TedBits - Newsletter

TedBits - Newsletter

Fingers of Instability

Witches Brew: Part 4 - Reality Bites

• The Specter of Things to Come

The road to ruin is on plain display and the playbook is easily seen at this juncture. Let’s take a look at how that playbook will unfold. Contrary to popular outrage of the SOLUTION being IMPOSED it is the correct one once the insured depositors where PROTECTED.  In this edition the elites suffered FIRST followed by the private sector depositors who foolishly believed false BALANCE sheets which were POLITICALLY CORRECT but PRACTICALLY incorrect fictions approved by fiduciarily (regulations and regulators allowed ONGOING insolvent operations rather than protect the public by ending and prohibiting them) challenged governments (work for the banks and crony capitalists not for the public at large).

The developed world has now become a fully operational Something-for-Nothing society. Once a Something-for-Nothing psychology has been fully implemented the majority of its citizens have become the functional equivalent of LOCUSTS! 

Unable and unwilling (they no longer have the skills to make the wages they believe they are entitled to) to produce more than they consume and support themselves they set off the consume those that do to FEED on and SUPPORT themselves. The TAKERS or WEALTH EAT the MAKERS of WEALTH, Cannibalism of the worst sort.

TedBits:  The Economic and Financial NO SPIN Zone
Global Macroeconomic Analysis Through the Austrian Lens
By Theodore (Ty) Andros

An underwater earthquake has occurred in Spain and is quite possibly occurring now in Italy.  Killer waves are now headed directly at the central banks and financial systems throughout the developed world and at Europe in Particular.  How long until they hit and do the financial equivalent of Japan’s recent tsunami?  Socialist bureaucrats and progressives on both sides of the Atlantic are locked in death struggles with Mother Nature.  THEY WILL LOSE.

Socialist public servants and banksters in Brussels and Washington are DESPERATELY trying to repeal the law of nature:  You MUST produce more than you consume or PERISH.  Economic systems which are predicated upon the consumption of wealth rather than the production of it are now on their deathbeds.  The obscenity of counting consumption as production, as does Keynesian economics, is exposed for its fundamental flaw -- it counts wealth consumption and destruction as wealth production.  How absurd. 

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.  

The saga continues as we head into 2012.  That saga is the demise of Ponzi finance