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The Collective Conscious Crack Up Boom.......Evil Plan 101.0

Tim Knight from Slope of Hope's picture





 

231

From Slope of HopeWell, my fellow Slope-a-Dopes, although this will undoubtedly be a dreadful decidedly devastating disappointment to many of you, I have chosen to put away my almighty artistically asinine alliteration pen for this Sunday's super significant spectacularly special EP.  Instead of dazzling you with my proficient pathetically putrid pitiful prose, I will focus my alertly astute attention on a stupefyingly serious subject.


Ludwig Von Mises' Crack Up Boom

For those of you not familiar with the term Crack Up Boom, John Nyaradi sums it up nicely:?

"In his writings, Ludwig argued in favor of free markets, capitalism and individual freedom and warned against the dangers of credit expansion, hyperinflation and governments using monetary policy to create artificial economic prosperity.

He argued that inevitably such actions would lead to inflation and then hyperinflation and finally to a place known as the “crack up boom” where everyone realizes that inflation is out of control and wants to get rid of paper money and get “real” things, no matter how much it costs to do that. In its most extreme incarnation, nobody wants paper money for anything and then the financial system collapses."

You may have noticed that I bolded the last line in the first paragraph above.  The reason for this should be quite clear, as it precisely describes exactly where we are in the U.S. economy today. There can be absolutely no doubt, that the men currently conducting our Nation's fiscal & monetary train wreck, have entirely embraced the concept of monetary expansion, as the categorically correct antidote for our economic malaise.  Be it via the continued increase in spending initiatives funded by further untenable public treasury debt burdens, or the outright multiplication of the money supply, our financial authorities have chosen to press on regardless, undaunted by the near total abrogation of any modicum of monetary or fiscal jurisprudence.  

This from the departed Ludwig Von Mises in his own words:

"This first stage of the inflationary process may last for many years. While it lasts, the prices of many goods and services are not yet adjusted to the altered money relation. There are still people in the country who have not yet become aware of the fact that they are confronted with a price revolution which will finally result in a considerable rise of all prices, although the extent of this rise will not be the same in the various commodities and services. 

But then, finally, the masses wake up. They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against 'real' goods, no matter whether he needs them or not, no matter how much money he has to pay for them. Within a very short time, within a few weeks or even days, the things which were used as money are no longer used as media of exchange. They become scrap paper. Nobody wants to give away anything against them."

Are we there yet?  No, thank God, but we are sure doing our utmost to get there, and are most certainly well on our way. 

2012-08-07_0041In what can only be characterized as delusional human hubris.  Our lamentable leaders, have apparently convinced themselves that fabricated financial monetization substituted for real actual industrialization, will not only lead our Nation back towards solid financial footing with sound economic growth, but incredibly will also create new tangible national wealth. Totally disregarding the obvious irony squarely staring them in the face, that it is precisely these very same misguided policy measures previously prescribed, which are directly responsible for the precarious unsustainable unsteady state we now find ourselves in. Not to mention that throughout the entire history of human civilization, this bogus counterfeit construct has always led to complete abject failure and eventual catastrophic collapse.

The alarming question that continues to utterly perplex me, is how can these distinctively learned men senselessly continue merrily down this failed forsaken causeway.  I mean seriously, the self evident truth that you can't print your way to prosperity, some how eludes these people?  Are they that clueless?  Are they totally blind?  Are they drunk on their own hubris?  Are they simply disgraceful men tossing all responsibility aside as they indulge for the moment, consequences be damned?  Have they thrown in the towel?  Are they intent on ensuring the country's demise?   Do they have an Evil Plan of their own?  Are they that stupid?  

Although it is embarassing to say, when one does witness the likes of Clinton, Bush, Pelosi, McConnell, Reid, Boehner, Obama & Company in action, one can readily conclude that our political class is indeed that stupid, quite simply dumb and dumber.  However, the same can surely not be said of the highly educated financial authorities minding the store.  One could certainly argue that they are way off track, but they can't simply be written off as the same demented morons our elected officials clearly are.  So what gives?  Why are clearly intelligent, educated & knowledgeable men, intent on driving us down the road to ruin?  How can this be explained?  

Many will claim that it's always the same deeply ingrained flaw in man's character that eventually gets the better of these men/women of stature.  Unbridled power & greed, which inevitably lead to hubris & deceit are surely the age old culprits to blame once again.  Same as it ever was right? I'm not so sure I buy that though. After all, more often than not, these are the very same attributes that have frequently propelled many powerful men/women into positions of influence throughout the ages.  Why would these particular people leading the way over the last 25 years be any more fallible than those that have come before?  Has happenstance simply given us a bad bunch of apples, who serendipitously showed up together, all at once during the same period?  Are we simply victims of a bad draw?  Somehow, this timid take seems somewhat suspect to me.  

68113600_05f9d26971_mRather, is it not our collective decadent consciousness that is at fault here? After all, who let's these worthless scoundrels through the doors in the first place?  Who really let the dogs out?   Let's face it, are we not ALL the ones to blame here. That would include; all those of us that have looked the other way out of self interest, all those of us that have been duped out of laziness of mind, and all those of us that have silently stood by out of convenience. The later group is undoubtedly the largest, and in that sorry sense, perhaps the most responsible for the deplorable condition we find ourselves in. Our collective fate was decided the moment we all consciously accepted it in the first place.  

When you can plainly see the problem before your very eyes, yet decide to do nothing about it, you are clearly in way too deep.  Whether it's due to stupidity, greed or indifference really doesn't matter one darn bit.  Your goose is cooked, because either way, you have already accepted the unacceptable.  Let's get real here, our Nation has and is cooking the books, and we are ALL simply unwilling to do a God damn thing about it. Ignobly accepting fraudulence for your own convenience's sake, while failing to admirably live up to your Country's own sacred principles is a shameful thing, and a decadent decaying thing.  Our hapless fate is now sealed by our own soulless apathy, we will simply continue to print, party and consume, while others work, build and produce.

The outcome of this dishonorable poisonous paradigm is written in stone, same as it ever was. We have given in to the ease. Without a shred of a doubt, it is distressingly clear for all to see now, that we have disgracefully chosen to take the doomed woeful path that Von Mises had warned us all about at the turn of the century.  In the end, our once spectacular productive magnificence, which earned us the right to the most preeminent global reserve currency status ever achieved, will degenerate into the worst crack up boom the world has ever witnessed.

As for the mundane markets, it is my contention, that we are well on our way towards the final furious crack up boom. The stock indices will relentlessly run up on a vapid nominal basis, as we continue to devalue our currency and ourselves.  Don't let them fool you for one single minute, the fiscal cliff negotiations are all for show at this point.  The faux fiscal fix is in, all foam no beer.

1500 SPX here we come, the crack up boom awaits us beyond the bogus bright blue skies above.

Rocket-launch-fail  BDI SOH's beloved Idiot Savant

 


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Mon, 12/10/2012 - 06:52 | Link to Comment BlackholeDivestment
BlackholeDivestment's picture

...did you see it? ..and did you hear the sky open up? I did, and I heard it above me ...one night, as it were lightening.

This is a yes or no question.

Mon, 12/10/2012 - 08:08 | Link to Comment Watauga
Watauga's picture

The sophomoric alliteration is as irritating as a mosquito buzzing your face in the night.  Stop it, please.

Mon, 12/10/2012 - 01:33 | Link to Comment ISEEIT
ISEEIT's picture

Pretti fucking high brow for ZH...I'll need to be a LOT less drunk before I could get this.

I love you for making it available though............

Mon, 12/10/2012 - 07:43 | Link to Comment BlackholeDivestment
BlackholeDivestment's picture

ISEEIT, nice job

 

Mon, 12/10/2012 - 07:05 | Link to Comment New World Chaos
New World Chaos's picture

"our collective decadent consciousness" = lucifer = the devil.  No horns or hooves.  Just a worldwide emergent mind made of money, ego, law, crushed souls and false assumptions; a big fat vampire squid that's much bigger than Goldman Sachs.

Definitely has an evil plan.  Definitely wants to destroy America, and this is just the beginning of the evil plan.  But the Beast lacks truly supernatural powers.  It has serious weaknesses.  It is overlaid on physical reality but still depends on it.  It is a parasite.  Everything it has, we have given to it- usually willingly.  A large fraction of its brain is made of paper in various forms.  Basically, our choices are:  Remove the host (by becoming more alturistic, self-sufficient, and aware), and if that doesn't work, slash and burn.

If booze is chaining you down, consider acid (hence the pic at the top of the article).  Acid helped me figure out LuciferCitizenism instead of fogging it over.  Ideas like this are the real reason why booze is legal and psychedelics are illegal.  Trip responsibly and infrequently.  Don't mix.

Mon, 12/10/2012 - 01:28 | Link to Comment q99x2
q99x2's picture

I think the crack up boom is not by accident. The NWO created the consumption in the US and EU to boost profits into their pockets. They used fraud to accomplish this. They are now taking down the system and moving more wealth into their hands. Does anyone believe that such convienence is by accident. I don't think so. 

Mon, 12/10/2012 - 00:55 | Link to Comment BuckShotJones
BuckShotJones's picture

"The alarming question that continues to utterly perplex me, is how can these distinctively learned men senselessly continue merrily down this failed forsaken causeway?"

Researching Maurice Strong will lead you the answer to your question.

Get ready for your red pill / blue pill moment.

 

Mon, 12/10/2012 - 00:07 | Link to Comment Contrary Casanova
Contrary Casanova's picture

There is nothing that offends me more than to tell me this horrible mess is really my fault. It is not my fault my neighbor is on welfare, my other neighbor is not paying there bills, my other neighbor bought a house he could not afford, my other neighbor doesn't know who his mayor is but knows Obamas dog's name. None of my neighbors know how to balance a checkbook. I voted in every election for men who told me there would be term limits and vote to balance the budget. They lied. Now, as with all knowledgeable men and women we will wait and pray.  When the end comes, they will wake up and we can come together, with love in our hearts, and welcome them into the world of reality. Start a better life. One can hope.

Mon, 12/10/2012 - 00:35 | Link to Comment MrTouchdown
MrTouchdown's picture

You think elections are going to fix this mess? If it were that easy, it would be fixed already. You have been hoodwinked! Elections are distractions to keep people that are willing to be bothered with looking into this stuff occupied so that they can't actually do anything about it. The people who stand to gain the most from this whole mess don't want meddling kids foiling their schemes. Thus, very sadly I have to agree with the author that you are somewhat at fault, as am I.

Mon, 12/10/2012 - 00:24 | Link to Comment Bdelande
Bdelande's picture

Fair enough.....................

Mon, 12/10/2012 - 00:04 | Link to Comment Yen Cross
Yen Cross's picture

It's amazing, how deeply embedded, the Challenger Accident still is (in my mind). 

 

Patriot PAC-3 missile test
Mon, 12/10/2012 - 01:35 | Link to Comment q99x2
q99x2's picture

So are a lot of other things but I can see them coming out slowly. Nasty looking critters.

Sun, 12/09/2012 - 23:43 | Link to Comment AE911Truth
AE911Truth's picture

When you have 95% of all the gold, you don't care what happens to paper currency.

http://preview.tinyurl.com/a8papon

 

Sun, 12/09/2012 - 23:23 | Link to Comment williambanzai7
williambanzai7's picture

I don't think they have deluded themselves about sound economic footing. What we are seeing is a desperate last minute attempt to grab whatever is left on the table. A prelude to the inevitable monetary turning that lurks ahead.

See you in the next paradigm and don't be late...

Mon, 12/10/2012 - 08:10 | Link to Comment Metalredneck
Metalredneck's picture

Paradigm shifting without the clutch.  Grind.

Sun, 12/09/2012 - 22:27 | Link to Comment PLove
PLove's picture

Mongol Fanatics capture Netherrelm.

Collapse is progress.

Resistance is victory.

Sun, 12/09/2012 - 22:17 | Link to Comment XitSam
XitSam's picture

"The alarming question that continues to utterly perplex me, is how can these distinctively learned men senselessly continue merrily down this failed forsaken causeway."

For the economists, to turn their back on everything they have learned from their teachers, theorized, written about, taught and (mis)managed in a real economy, would be like comitting professional suicide. They simply can not. They must press on.

They see the shoals, the sandbars, the rocks and currents, but think only of what praise and laurels will be bestowed on them if only they can navigate a real, living economic ship through the perilous waters using the theoretical charts of Keynesianism. The statues that will be cast, with them struggling to thread the ship between the siren call of hyperinflation and the storms of deflation. To have their name engraved on the capstone of the economic pyramid above even Keynes! Oh, what glory!

Sun, 12/09/2012 - 22:36 | Link to Comment Mutatto
Mutatto's picture

"The alarming question that continues to utterly perplex me, is how can these distinctively learned men senselessly continue merrily down this failed forsaken causeway."

They continue merrily because they don't have the spine to face or admit to the incredible mess that they have created, and most of the voters (> 50%) now on government support will continue to vote for the same, until the very end.

I like Rand Paul's idea....let the Democrats crash the economy and kill Keynesianism once and for all.  Without having the Conservative bogeymen to blame, who is Krugman going to point fingers at?  The Reckoning Day is coming, with or without a fiscal cliff deal, sooner or later.  Might as will do it sooner instead of wasting a few more trillion dollars.  Then again, if the debts never going to be paid back, and I don't own it....what the hell!  eh eh

http://www.realclearpolitics.com/video/2012/12/06/sen_rand_paul_we_shoul...

Sun, 12/09/2012 - 23:59 | Link to Comment XitSam
XitSam's picture

They will find an excuse for a crash. They might even admit they did something wrong, but next time they will get it right, they just need one more chance.

Sun, 12/09/2012 - 23:51 | Link to Comment Barry Mcokiner
Barry Mcokiner's picture

This is planned you retards. Can't you see this? It it by design, to acquire all that is physical for free by printing money. All that is left to own is the water. Once the system crashes they will issue in a digital currency that is world wide and the NWO will be complete. We have been had, not by morons but by a very bright few. You are arguing shit that doesn't matter, which makes you fools. I don't care if you hit the little down arrow, the more the merrier, it shows how much you do not know. The system is rigged, and is made to crash. Problem/Reaction/Solution. Wake the fuck up please.

Mon, 12/10/2012 - 06:59 | Link to Comment valuecreator888
valuecreator888's picture

By design, Over time.

Mon, 12/10/2012 - 00:41 | Link to Comment WSMassiv
WSMassiv's picture

truth.

Mon, 12/10/2012 - 00:55 | Link to Comment AgShaman
AgShaman's picture

uh-yep

Sun, 12/09/2012 - 22:01 | Link to Comment honestann
honestann's picture

There is nothing clueless about it.  The predators have methodically taken control of every FICTION known to man, and will remain in control until they are exterminated.  No predator will willingly give up - that is not part of their nature.  They might lay low for a while to protect themselves in dangerous situations, but they always remain predators.

The entirety of all nations are now run by overt, in our faces predators.  They used to be more subtle, but no more.  They are in total control of the fictions that are "government" and "huge corporations" and "large organizations", and they know it.  That's why predators like Jon Corzine can absolutely, positively, without-a-doubt rip-off over a billion dollars... and never be charged with anything.  He knows, all top-level predators know... they have control of the technology, of the propaganda, of the weapons.

Because they are so totally in charge, and have no fear of retaliation, they have become predators-gone-wild in plain daylight.  Every month that passes, with scams like MFGlobal and Libor and endless bogus statistics (like unemployment, GDP, etc) proves to more and more and more predators that all past constraints on them going wild are also removed.

Who pays for this party?  As always, producers - humans who do physical work and create physical goods.  They pay for everything.

The only solution remaining at this sad point in history is for producers to STOP producing in the commercial realm.  Sure, they can tend their gardens, exchange goods with other producers, keep learning, keep sharpening their skills... and waiting for the entire system to collapse.  Because ONLY a total collapse has any chance of unseating the predators, and breaking the parasites who vote for them from their laziness and addiction to the freebees given to them in exchange for voting predators into the various fictitious office they claim to hold.

Stop feeding the beasts.  Starve them.

Sun, 12/09/2012 - 22:33 | Link to Comment All Risk No Reward
All Risk No Reward's picture

This author appears to be confused.

First off, the government is captured.  The government is not soverirgn, the Big Finance Capital Debt Money tyrants are sovereign, that's why they, and not the government, defined and currently control our money system.

This is plain for all to see in the following Debt Money Tyranny money flow...

http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77

Now, Mises never broke the mechanics of the crime syndicate, so they were willing to finance him through the Rockefeller Foundation.  Consider it controlled opposition - whether Mises knew or not.  Libertarianism is grand for the criminal Debt Money Tyrants AFTER THE NATIONS HAVE BEEN BANKRUPTED AND SUBJUGATED TO MONETARY FRAUD.

Given that the government is not sovereign (the politicians are financed by the Debt Money Tyrants and they are promoted by the Debt Money Tyrants (DMT) on the DMT financed, owned and controlled media outlets) and the DMT mega banksters ride government like a bike, why, EXACTLY, would the banksters, who own and control trillions in cash and debt paper, inflate all their wealth away?

The answer is, THEY WON'T.

So, why have they done what they've done to date?  Self interest.

If my cash hoard could double, would I mind a 10% devaluation?  No, I wouldn't, would I?  Especially as your debts iincrease - TO ME!  The bailouts are cold blooded looting - offloading the DMT mega corporate front debt on the "little people" while they take trillions and stash it for a rainy day - that they will surely orchestrate in due time.

That rainy day isn't a hyperinflationary bailout for the little people.  No, we all will wish they had chosen that route.

Instead, when the current looting action has been completed and their cost/benefit equation turns south (for them), they will demand the debts be repaid and bust society.  Then they will take as much chit as they can - rolling it up under their mega TBTF front corporation or simply buying it straight up.  Of course, they will blame "capitalism" - and the average schmoe won't know any better.

Yes, prices are going up - but money for the little guy is actually going down.  Our jobs are offshored - if prices go up to high - the economy will shut down with no transactions, not hyperinflate.

NOW YOU KNOW WHY YOUR RULERS' FRONT CORPORATIONS ARE LENDING YOU "I DARE YOU" 30 YEAR MORTGAGES AT 3.2%. 

THEY decide whether we get hyperinflation, not some captured government - and 3.2% 30 year money has the same effect as showing you their cards.  That is, IF you your thinking is sharp enough to cut through the narrative and the various controlled (and financed - Mises) false narratives.  That's not to say Mises doesn't have some very good insight.  It is to say that his views benefit the DMTs such that they felt compelled to finance and promote him.

This will probably end in hyperinflation - but only when it benefits the DMTs.

When will that be?  I don't know about timing, but I know the signals.  They own and control almost everything, everyone owns and controls almost nothing and some books need balancing.

It is so elementary - break the false paradigms engineered to keep you off guard during this financialized military operation to DESTROY YOU AND YOURS.

Mon, 12/10/2012 - 00:43 | Link to Comment All Risk No Reward
All Risk No Reward's picture

I see 2 down votes to 1 up vote.

Go ahead - make your case why the mega banks, who sit on the Board of the Federal Reserve, are giving out 3.2% 30 year loans ahead of this imminent hyperinflation they will cause since they control the majority of the issuance of currency and credit.

Make the case.  No appeal to authority logical fallacy - or any other kind of logical fallacy.

I get a debt saturated society wants a hyperinflation - which is EXACTLY WHY IT WON'T GET IT.

At least not until it won't matter to most people who have no money or anything else.

Mon, 12/10/2012 - 04:34 | Link to Comment New World Chaos
New World Chaos's picture

Well, the bank credit is created out of nothing and the loan is fobbed off to pension suckers or is ultimately backed by bailouts, so it's no skin off their ass if the real value of the loan goes down.  Maybe this is really about control, or about deliberately shredding the title to people's houses. 

From the Bankers' Manifesto of 1892:

Capital must protect itself in every possible manner through combination (conspiracy) and legislation. The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible. When, through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of the government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders. History repeats itself in regular cycles. This truth is well known among our principal men who are engaged in forming an imperialism of the world.

Maybe the bankers want to lure everyone in with low interest rates and then forcibly switch the whole world over to the NWO currency, which will probably have gold backing, at least at first.  The interest would be a good way to extract any remaining gold and real property from the people.  Then they will start the paper games again and buy up any dregs.  They hope there won't even be a freely owned hut in New Guinea after the next global financial crisis.

Maybe they know they can use their political lackeys to cram interest rate increases down homeowners' throats, contracts be damned.  At the same time, things like social security would be indexed to bogus inflation numbers.  "Sanctity of contracts" only applies when the puppetmasters benefit.  "Social contracts" will be ignored as soon as the sheeple are herded into total lockdown.

I didn't junk you.

Sun, 12/09/2012 - 21:48 | Link to Comment sumo
sumo's picture

 "But then, finally, the masses wake up. They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against 'real' goods..."

Interesting. All of my discretionary fiat income goes into real goods: home maintenance, tools, spare parts, equipment, repairs, and gold.

Sun, 12/09/2012 - 23:09 | Link to Comment EscapingProgress
EscapingProgress's picture

First comes the dip

Second comes the buy

                    Third comes the asset prices high in the sky

                    GOODBYE

Sun, 12/09/2012 - 23:14 | Link to Comment tango
tango's picture

The writer hit the nail on the head: The irrational and illogical actions of smart people, our political, social and business leaders. Most are nice people firmly convinced of the rightness of their ways. They can view the same data, run the same tests and are free to come to the same conclusions. YEt they adopt a view that defies economic, financial and mathematical sense. Why?

Sun, 12/09/2012 - 21:13 | Link to Comment zorba THE GREEK
zorba THE GREEK's picture

Boom goes trhe dynamite!!!!

The party's over. But for those of us who hold Physical PMs

as our main assets, the party is just getting started.

Sun, 12/09/2012 - 21:59 | Link to Comment Zer0head
Zer0head's picture

Slop is back / actually slop has that kind of come back effect,

we were so hopeful that his absence portended something more permanent.

of course this likely means that we can also look forward to the reappearance of  TK's  son, SdK and his genital fetish

 .-'"'-.
  / `. ,' \
 |  ,' `.  |
 |   ___   |
  \ ( . ) /
   '-.:.-'
     .:.
     :::         
     :::
     ::.
     '::
      '

 

Sun, 12/09/2012 - 22:54 | Link to Comment Bdelande
Bdelande's picture

 Yep, I wrote it ZipHead

 

 

 

Sun, 12/09/2012 - 22:11 | Link to Comment Enslavethechild...
EnslavethechildrenforBen's picture

Step 1: Press the "print" button and make yourself lots and lots of pretty little pieces of green paper.

Step 2: Exchange the little pieces of paper for the entire planets food, land, petroleum, factories, businesses and resources.

Step 3: Constantly raise the prices of everything that you now own, so that the sheeple will be enslaved to you for eternity.

Sun, 12/09/2012 - 23:52 | Link to Comment All Risk No Reward
All Risk No Reward's picture

1. Take control of education to prevent people froom learning how to think critically.

2. Define money as debt, take majority control over the debt/money issuance process and control the Federal Reserve System.

3. Siphon off money from society and use it to capture the media, the sick care establishment, the media and to further entrench yourself inside government.  You already control education and medicine.

4. Use the government and media to promote world and other wars against nation states outside your Debt Money Tyranny system (Germany - financed by the West, Japan and the Muslim nations).

5. Use these wars you financed and promoted in order to promote the idea of a world government - run you you, of course.

6. Lie about Section 2A being a "dual mandate" instead of a single mandate to keep credit "commensurate" with GDP.

7. Based upon the deception in #6, blow the world's largest credit bubble in human history, enslaving everyone to debt.  Of course, your insider corporate fronts levered up because they knew the plan in advance.

8. Once the debt money Ponzi scheme reaches its apex (2007 / 2008), lie to everyone about attempting to fix the economy while you really siphone trillions in cash from society (which is debt to society) and then offload trillions in debt to society (which is money for the criminals).  This is called looting.

9. Once the looting operationis done, which is the next bend in this financial warfare road, they will then call in their debts.  This will start at the government level.  The charade has already started...

http://www.france24.com/en/20121209-imfs-lagarde-warns-against-us-fudge-...

For those that don't know, Lagarde pays no taxes to tell the serfs they need to pay more taxes on unpayable debt...  b*tchezzzzzz!

10. Once the economy is collapsed, they spend their trillions to buy up the real world.

11. Once they've rolled up reality under their corporate fronts, then they will balance the books by hyperinflating

Along the way, their police state will rev up into full force to keep the lootees in line and there will be mega corporate resource wars that will be used to distract those sheep who rely on the wolves to keep them informed.

Debt Money Tyranny - the monetary system was engineered as a societal assets stripping weapon of mass destruction...

http://www.keepandshare.com/doc/4768883/debtmoneytyranny-6-1-pdf-60k?tr=77

There is no way out of the central banker (Debt Money Tyrant oligarch puppets) box except to get out of the box completely.  The entire bureaucratic infrastructure is set up to prevent this from happening.  The victim sheep are convinced they dine with wolves...  when they finally wake up from that delusion, wow, they aren't gonna be happy.

Mon, 12/10/2012 - 00:44 | Link to Comment WSMassiv
WSMassiv's picture

truth again.

Sun, 12/09/2012 - 23:10 | Link to Comment otto skorzeny
otto skorzeny's picture

you have written the only intelligent thing on this page

Mon, 12/10/2012 - 02:15 | Link to Comment Pinto Currency
Pinto Currency's picture

 

Wrong debt-to-gdp graph.

This is the correct debt graph:

http://www.theburningplatform.com/?tag=debt-to-gdp-ratio

The debt bubble started decades ago, not in 2007.

Mon, 12/10/2012 - 06:24 | Link to Comment economics9698
economics9698's picture

1998 was when we passed 250% debt to GDP.

Do NOT follow this link or you will be banned from the site!