We are now far advanced into the third central bank generated bubble of the last two decades, but our monetary politburo has taken no notice whatsoever of its self-evident leading wave. Namely, the massive malinvestments and debt mania in the shale patch.
Corruption and lack of ethics is now endemic to American life and the economy.
If there's one absolute truism we hear again and again, it's that central banks are desperately trying to create inflation. Perversely, their easy-money policies actually generation the exact opposite: deflation. Financial and risk bubbles don't pop in a vacuum--all the phantom collateral constructed with mal-invested free money for financiers will also implode.
.Gov Tortured and Killed Innocent People for the Specific Purpose of Producing False Propaganda (U.S. Used C-O-M-M-U-N-I-S-T Techniques Specifically Designed to Produce F-A-L-S-E Confessions)
Among those who’ll get to eat the losses: unsuspecting retail investors.
With oil prices plunging to 5-year lows, perhaps it is time to consider the cheapness of betting on the other oil black swan...
"Fed talk is losing its luster. Data is irrelevant unless it’s extremely weak or extremely strong,” says Todd Colvin, senior vice president at Ambrosino Brothers, a futures and options execution firm. "This is the year the Fed is going to lose credibility when it gets to March or June and they announce why they’re not moving."
Of all the problems with fiat currency, the most basic is that it empowers the dark side of human nature. We’re potentially good but infinitely corruptible, and giving an unlimited monetary printing press to a government or group of banks is guaranteed to produce a dystopia of ever-greater debt and more centralized control, until the only remaining choice is between deflationary collapse or runaway inflation. The people in charge at that point are in a box with no painless exit.
"This small group of horrible people are willing to put the world on the line so their lineage can continue to rule the world while the rest of us struggle to simply stop the financial bleeding that has become a 15 year epidemic. This all sounds like the stuff of fiction novels but unfortunately the facts tell us this is all too real. What is hard for me to believe is that we so readily ignore and deny the most essential lessons of history. Perhaps the foremost being that the political class will always be willing to sacrifice the working class in order to retain its power."
Currently there is probably no other great divide in opinions than the current state of oil and all it entails. Not only do many not remember the early 80’s when U.S. oil producers went haywire, but they seem to have forgotten just how quickly in the sheer speed of panic, bankruptcies, and more that took place in the southern regions of the U.S. and Texas in-particular.
A few nations may indeed be forced to sell some of their official gold reserves as a result of plunging oil prices. It seems however not likely at this juncture that Russia will be one of them, there is a good chance that Venezuela will eventually be forced to sell some of its official gold holdings. However, the impact - short term psychological impact - on the gold market should be quite limited.
You almost have to step outside of economics, even out of the financial world as a whole, to pose what is the most elementary question about our economy today. That can’t be right. The most elementary question is not how we can achieve growth, it’s whether we need growth, and what we would need it for that is important enough to destroy our entire societies and economies for.... We’re in dire need of fresh blood and smart new ideas to clean up the mess the present ideologies and their puppets and puppetmasters have created.
The best option, the only option when faced with a conundrum like Ferguson, is for residents to kick government out of the picture completely. Whatever problems might be encountered during such a transition would be a happy trade over the constant crisis wrought by political “mismanagement” or manipulation. In the end, corrupt government will never go away unless we stop handing our responsibilities over to them — and this includes security. We must stop trying to change the system by following the rules that perpetually benefit the system. If we are ever going to get rid of elitist control, we have to step outside the false paradigm and play our own game by our own rules.
One of the great myths about investing that we’re told by the mainstream investment education is that we should “buy and hold” for the long term. Let's look at the numbers...