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An Insane Financial World
Submitted by Gary Christenson via The Deviant Investor,
We know that most western governments are deficit spending, borrowing heavily, in debt beyond the point of no return and must increase taxes and appropriations from their citizens.
We know that politicians will take the politically expedient path instead of addressing financial problems. We know they will “extend and pretend,” delay, and distract the populace.
We know that war has been a nearly constant distraction since 9-11 and that a crisis is often used as a justification for economic insanity, such as borrowing more to address an excessive debt problem. It seems likely that weakening economies, deflationary forces, excessive debt, massive unemployment, riots, economic anxiety, consumer price inflation, and so much more, will require more distractions. We should “rig for stormy weather” and expect another crisis and more wars.
Bankers, politicians and military contractors will benefit. IN OUR INSANE WORLD WE MIGHT ASK:
- What happens to our financial system and the price of gold when western central banks are no longer willing or able to ship gold to Asia in exchange for fiat currencies held by Russia and China?
- What would happen if the Chinese government announced that it will buy gold at $2,000 per ounce to boost their stockpile? When gold is no longer available at $2,000 per ounce, might they offer $4,000 or $6,000?
- What would happen if the central banks of the world admitted that Quantitative Easing is primarily beneficial for banks and the wealthy, and that QE has been a failure at stimulating western economies?
- What would happen to global confidence if central banks admitted that consumer prices will rise substantially due to QE and inflation of the money supply?
- What would happen if commercial banks announced they will charge you for depositing your currency in their bank? (Oops, that has already happened.)
- What should we expect if banks penalize savers for depositing (loaning) currency to a bank? We should expect an increasing use of cash – actual paper notes. But there appears to be a “war on cash” in western countries. Discourage cash, force deposits into banks, charge for those deposits, squeeze savers as much as possible, increase controls, and boost financial system bonuses.
- What if bail-ins occur, and the banks take your deposited funds to pay off creditors, such as other banks who bought or sold derivative contracts? (If the bail-in is announced late on a Friday and the banks are closed the next week for “restructuring” you will have no opportunity to remove your currency from the bank. In Cyprus the insiders and politically connected escaped with their funds while many other individuals and businesses discovered their accounts had been “bailed-in.”)
- What happens if governments eventually announce that most retirement accounts and pension plans will be required to purchase continually devaluing government issued bonds?
- What happens if trust and confidence in the financial system are lost, banks no longer trust banks, businesses no longer trust they will be paid, and individuals no longer trust their governments or the pieces of paper we call money?
- The Fed has reduced interest rates so investors are chasing yield in all the wrong places, such as junk bonds. What happens when many of those junk bonds, which may have been stuffed into your bond mutual funds and pension plans, are priced at their true value – much less than face value?
What are the consequences?
A few words come to mind: anger, anguish, bankruptcy, betrayal, depression, recession, repression, riots, stagflation, and trauma.
In a saner world, we will depend far less on fiat currencies that are devalued easily and inevitably. Instead we will trust gold and silver more and paper much less.
My advice: Create your own financial sanity!
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"In a saner world, we will depend far less on fiat currencies that are devalued easily and inevitably. Instead we will trust gold and silver more and paper much less. "
A saner world will only be achieved when the thieving usurers are named, apprehended and executed... and their entire family fortunes returned to the plundered nations.
In a saner world, we will base our societies upon honesty and virtue - above gold and silver. Debt-FREE money will be the servant of humanity - unlike today where humanity serves the debt-BASED money power.
Sure thing, JS. Execute "the thieving usurers" and plunder their family fortunes.
ps The dollar is having a great year.
pps you sound like a rabid socialist posing as a royal libtard, fabian socialist that's it.
No, Zirpy...
One cannot plunder what was originally plundered from them. One "recovers" what was plundered. If you define that kind of retribution as "socialist", then we're speaking different languages. The dollar is having a great year... yes... only a fool would deny it. But, the wise look beyond present circumstances and toward the inevitable. Most stars go through a "red giant" stage where they swell and heat up in temperature just prior to their ultimate disintegration. That is the state the dollar is "enjoying" today.
So, revel in the great warm sunshine of the dollar's last gasp, because its demise will be a very unpleasant revelation to you.
And I won't even comment on the lowly insults of "royal libtard" or "fabian socialist"... because, to be honest, this colloquial idiom is totally foreign to me.
Our nation's currency correlates with our consitution & we already know what they are doing to both...
making financial sanity is like take hand in hand and sing koumbaya around a fire in shtf situation... it's just not realisticly possible.
Clarke's Three Laws are three "laws" of prediction formulated by the British science fiction writer Arthur C. Clarke. They are:
Reaching for a gun when you run out of ideas and ink to print them with is no way to go through life son...
In a saner world...we'd admit everything we are enduring is the hallmark of a demographic breakdown and no discussion of tax policy or government pro-growth stuff matters...the foundation is crumbling and the Fed and .Gov are pretending population growth is coming back...it ain't and the policies are simply insane...or we can keep marching like lemmings to the cliffs edge???
http://econimica.blogspot.com/2015/05/2008-was-tremorwhy-main-event-is-still.html
Hah! J.S. Bach, your promotion of the same old-fashioned false fundamental dichotomies and related impossible ideals reflect the deeper reasons how and why it is NOT possible to have a "saner world."
Money is measurement backed by murder. Money backed by commodities does not change that. Money backed by gold and silver is the measurement of gold and silver backed by murder. Indeed, the historical origin of the notions regarding "money" as being metal coins was to develop effective ways to pay soldiers, that would result in the entire population being obliged to participate due to having to pay taxes in those coins.
Pure Debt-FREE money is an impossible ideal, based on deliberately ignoring that the debt controls are actually backed the death controls. The current systems of debt-BASED money power is due to the best organized gangs of criminals, the banksters, being able to apply the methods of organized crime to the political processes, in order to capture control over the powers of governments, and effectively privatize those powers. Thereby, the power of government to demand payment of taxes in fiat "money" enforced that fraud of making "money" out of nothing as debts. HOWEVER, it was always the same SOURCE, that money is measurement backed by murder, because that was merely the most abstract form of ALL private property being based on backing up claims with coercions.
Your superficial notions of what the "solutions" could be are bogus, J.S. Bach, (although typical on Zero Hedge.) There are actually NO solutions to the deeper problems than to have to continue to muddle through the MADNESS of MAD Money As Debt, backed by MAD Mutual Assured Destruction, where the world is now dominated by globalized systems of electronic monkey money frauds, backed by the threat of force from apes with atomic bombs, which enabled the industrial revolution to go into hyper-drive, of exponential growth of strip-mining the planet's nature resources, "paid" for by "money" made out of nothing, while the accumulating pollution and garbage was mostly being deliberately ignored by that kind of fundamentally fraudulent financial accounting system.
OF COURSE, the article above was CORRECT that we were born into An Insane Financial World, however, it was typical Zero Hedge material by grossly underestimating how insane it really is! Then, your bogus "solutions" stated in your comment, J S Bach, keep the tradition of Zero Hedge going, by grossly understating what the "solutions" to that superficial view of the problems could be. I.e., you propose grossly over-simplified changes in the death control systems, which are practically impossible, as well as theoretically deficient to ever work sufficiently.
As soon as we SUBTRACT human beings from their environment, then they must necessarily live as ROBBERS. Human beings and human civilizations are necessarily systems of organized lies operating robberies. Nothing exists but the dynamic equilibria of different systems of organized lies operating robberies. In that context, I find your defense of "ROBBING THE ROBBERS" to be a joke, since that view is so full of absurd contradictions.
Private property does not exist outside of some system of public violence. There are thousands upon thousands of years, indeed if not millions, of the processes of people asserting that they "owned" natural resources, while that never had any meaning other than to the degree that those claims could be backed up with coercions. "Plundering the Plunders" is NOT "recovery," rather, it is merely another level in the spirals of being able to back up lies with violence, which were the ways that human beings always lived, as well as how every other social animal had some pecking orders, from the beginning of their evolution as social animals, which developed into human beings as political animals.
The existing systems of legalized lies, backed by legalized violence, whereby governments enforce the banksters' frauds (i.e., make fiat "debt-BASED" money become valuable, rather than be an absurdity), did evolve from the history of the American money supply supposed to be based on gold and silver, whose value was set by Congress, where that original form of "real money" was backed up by the death penalty, as it must necessarily have been, in order for that form of money to be meaningful, the same as any other form of money is necessarily measurement backed by murder.
The history of the War Kings made the powers of the sovereign states, in particular the power to tax, and the power to kill those who resisted being taxed. Those powers were covertly captured by the Fraud Kings, the international bankers, so that, today, the Kings of Fraud are the Central Banks, while the King of Kings of Fraud is the Bank of International Settlements.
You seem to be somewhat aware of those historical facts, J S Bach, but you do not appear to have thought more deeply about how and why that happened. It takes series of intellectual scientific revolutions to better approach perceiving how and why money is measurement backed by murder. Recommending that "executing the thieving usurers" does not come within light years of addressing what the deeper problems really are!
While I agree with the general notions of robbing the robbers back to better balance, I do not overlook the paradoxes with respect to actually implementing that, which are that only those who are better robbers could actually rob the robbers. Indeed, those are some of the reasons why I make the point that the only genuine solutions to the real problems would be to develop different death control systems that are "better," meaning those enabled greater uses of information and higher consciousness regarding our perceptions of those death controls, that then backed up the debt controls.
Of course, I recognize that, at the present time, the established debt slavery systems have generated numbers which have become debt insanities, (as somewhat reviewed in the article above). Therefore, we are actually headed towards runaway debt insanities provoking death insanities, because the banksters' systems were always debt slavery, backed by wars based on deceits. However, the "entire family fortunes" of the "thieving usurers" are NOT remotely close to being able to resolve the problems that should be faced, and meanwhile, the "plundered nations" are merely old-fashioned systems of organized lies operating robberies, which were able to develop systems of legalized lies, backed by legalized violence, (which the banksters were able to capture control over and privatize.)
"A saner world" would be one in which enough of the self-conscious beings in that world understood natural selection pressures well enough that their artificial selection systems were not psychotically separated from those natural selection pressures. The essential problem that the human species faces is that the history of successful warfare was based upon backing up deceits with destruction, which then became the foundation for political economy to be based upon enforced frauds.
Natural selection was internalized as human intelligence, which then developed through the history of warfare and economics to become the kinds of systems of organized lies operating robberies that everyone now lives inside. There is no "ownership" of gold and silver that has meaning without that being asserted with force. Indeed, that is why the real history of that kind of "money" was based upon paying soldiers, who also then enforced the taxation upon the people, which thereby made that money valuable to that general population.
The problems that the human species faces are due to progress in physical science, which has NOT been surpassed by progress in political science. The deeper reasons for that are that governments are necessarily the biggest forms of organized crime, controlled by the best organized gangs of criminals. To actually implement the "solutions" which required executing the "thieving usurers" would require better organized criminals than them. However, doing that then embroils those doing that into the paradoxes of enforcement.
NOBODY has ever come up with any good solutions to the questions regarding "Who will guard the guardians?" There are good reasons to conclude that, in principle, there are NO final solutions to those problems. Rather, the ONLY things we can do are to continue to muddle through the MADNESS of the dynamic equilibria between the different systems of organized lies operating robberies ... Meanwhile, that MADNESS is automatically getting worse, faster, every day!
That runaway MADNESS is manifested in the ways that almost all the content published on Zero Hedge seems to be relatively good analysis of the problems, followed by bullshit "solutions," which are deficient because that analysis never went any deeper. (Of course, that is still an improvement upon anything presented in the mass media.) The degree to which we were born inside of An Insane Financial World is far more profound than the vast majority of people have considered. Of course, most of that vast majority are so clueless that they are not even aware of the difference between Debt-FREE money versus debt-BASED money. HOWEVER, amongst those who are aware of the history that drove that distinction to grow bigger, & BIGGER, most still stay within taking for granted the same old biggest bullies' bullshit world view, based upon false fundamental dichotomies and the related impossible ideals.
In your case, J S Bach, your comment was typical of that which one can read upon Zero Hedge, which proposes different death control systems, (i.e., execution of the banksters) without placing those notions within greater paradigm shifts with respect to the issues regarding the death control systems in general. While the vast majority of people tend to still believe in the biggest bullies' bullshit social stories (which are currently the banksters' bullshit), most of the few that begin to recognize the degree to which what those Fraud Kings say is based on bullshit then still promote bogus "solutions" which are based on continuing to take for granted the biggest bullies' bullshit world view, since that has been built into the natural languages that we use to think and communicate with, as well as built into the philosophy of science that most people continue to take for granted.
Whenever I read comments on Zero Hedge that promote "solutions" which involve killing the banksters, and taking back control of the wealth of "ownership" that they accumulated from being able to operate systems of enforced frauds, I almost always find those to be grossly over-simplified. Indeed, that is my response to your comment J S Bach. You continue to indulge in DUALITIES, rather than start using UNITARY MECHANISMS. Therefore, you can promote the notions of "honesty and virtue" when human beings are necessarily operating through systems of more or less organized illusions or lies, where all human beings must take energy from their environment in order to live.
Human beings live as entropic pumps of energy flows. The biggest bullies' bullshit world view inverted the concept of entropy. At the same time, there was still substantial progress in physical science, so that things like quantum mechanics enabled electronics, and the special theory of relatively enabled atomic energy to be developed, as technologies which are trillions of times more capable and powerful than anything that ever previously existed in known human history. MEANWHILE, at the same time, guys like you J S Bach, as well as most of the rest of those whose views are published on Zero Hedge, tend to like to continue to rely upon old-fashioned notions about what money should be, that short-circuit through understanding how and why what money really is actually is that!
Theoretically speaking, one would think that a technologically based society should recognize that its philosophy of science is the most important thing. However, currently existing political realities are still dominated by various old-fashioned religions and ideologies, which are proud of making almost no efforts to change their metaphysics to become more consistent with progress in physics. Therefore, we continue to live in a world that operates its death controls through the maximum deceits, in order to back up financial systems based on the maximum possible frauds, despite that having driven the debt slavery systems to generate numbers which have become debt insanities.
In that context, where there actually ARE combined money/murder systems, indeed there are no genuine solutions that do not depend upon changing the murder systems operating the death controls. However, at the present time, the ONLY realistic ways to actually do that appears to be that we have to go through the MADNESS of runaway death insanities, being provoked by debt insanities, which have no other real resolutions within their own frame of reference. Perceived from that perspective, J S Bach, your comment has actually added your own assertions regarding the provoking of death insanities.
There should be revolutions, since no reforms are being allowed, and there are no reforms which would be possible upon the basis of such rotten foundations, as the MADNESS which currently dominates civilization. However, such "revolutions" ought to be primarily guided by intellectual scientific revolutions, which radically transform the currently dominant biggest bullies' bullshit world view. However, at the present time, there is almost nothing but a core of organized crime, surrounded by controlled opposition groups. In my view, those who promote over-simplified notions regarding "execute the thieving usurers" are more still parts of the problem, rather than parts of the solution.
Holy shit man.
And that's why radical marijuana is the man.
+100.
I hope I'm not oversimplifying, but I've been saying for years the philosophies we apply towards our concepts of government, money, economics and social institutions are woefully behind the progress the physical sciences have made. Many here continue to give the so called "science" of economics the same footing as the physical sciences. Our current institutions, our current notions of money, our current socio-economic concepts of "capitalism", "socialism", "communism", etc...are all based on philosophies that are hundreds of years old - many of which have been shown to be lacking if not flat out wrong. Applying solutions based on these philosophies is not going to fix anything. It is the reason why the current state of the planet is as fucked as it is.
Yes, eratz007!
I over-simplify the situation by asserting that economics is a subset of warfare, because the production of destruction controls production. Warfare can be regarded as the oldest and best developed of social sciences and forms of social engineering. However, the paradox has been that the science of warfare was based upon backing up deceits with destruction, while being treacherous. Therefore, militarism, as the ideology of the murder system, has had a profoundly paradoxical relationship with physical sciences. The science of warfare is not based on discovering more truth in a public way, but rather, based upon being the best at deceits and treacheries, which uses more truth in order to become better at being deceitful.
Developing better weapons was always a priority for militarism. However, the purposes of those weapons were to be able to back up lies with violence. Therefore, progress in physical sciences ended up primarily being employed to develop better weapons, whose purposes were operating with the most social successfulness by being the most deceitful about what they were really doing. But nevertheless, that kind of military success then became the foundation for economics to be built on financial systems based on enforcing frauds.
That is the context in which I regard your statement that:
Systems based upon ENFORCING FRAUDS do not change merely because they are "shown to be flat out wrong," since they can nevertheless still succeed as organized lies operating robberies. Indeed, the banksters operate symbolic robberies, against the entire population of all taxpayers, while those taxpayers have adapted to becoming debt slaves, who behave like incompetent political idiots, due to having adapted, for generation after generation, to accept and allow the banksters to run the economic systems, through governments enforcing those banksters' frauds, which symbolically rob everyone else!
"The current state of the planet is as fucked as it is" BECAUSE everything is controlled by fundamentally fraudulent financial accounting systems. Being able to control civilization through backing up lies with violence works all too well in the short-term, BUT, then gets worse and worse in the longer term, because being able to ENFORCE FRAUDS never stops those frauds from still being false! In my view, pretty well everything listed as problems in the article above can be traced back to its SOURCE being enforcing frauds never being able to stop those frauds from still being false, therefore, PARADOXICALLY, the more socially successful the banksters become, the more criminally insane everything gets!
Moreover, we have not seen anything yet ... regarding how much more criminally insane that is going to get, when we finally run into more of whatever are the objective limits of diminishing returns from being able to strip-mine the planet's natural resources. What the debt slavery, driving debt insanity, was actually doing was "paying" for people to destroy the planet, while they were deluded into believing that was a "good thing" to do. The vast majority of people do not perceive that bigger picture, but only perceive their own little lives within the system, to the degree that they are making "money" and spending that "money" WITHIN taking almost completely for granted that there is nothing wrong with basing their whole lives upon ENFORCED FRAUDS.
disagree, no revolution as long population is fed.
even without modern confort AT ALL.
as long they eat, nothing gonna happen.
why the fuck you think monsento is in the place, it's not only for making money, it is also to provide where it's needed to keep control over producers over population, they will give seed for free to avoid revolution by starvation.
theses days we have enought distration to not be rome, we have our own coliseum in poket, it is called smartphone... entertainment will ease the pain, better than it ever done until electronic comes into play.
world is enslaving to itself and nothing can prevent it.
facebook & tweeter are based to give the user the feeling you matters, you important, which is not, we do not give a fuck about your pictures or your sentences, you are tracked, used, analysed, and classified for ads campains.
everybody mainly know it, do you see a fall of using it ? nop...so ?
you got it, it's too late.
every body is kneeled with smartphone as sword in hand, up, and other hand in ass.
election ? vote ? same.
you have the choice, of, AAA or BBB which is also AAA. give you illusion of choice to make you feel important, you vote, you angry cos AAA or BBB didn't made what he promised to you, you still relect it 2nd time, to give another chance, cos humans are like this, past christian legacy maybe, then you change... 2008 obama " wow a black, great, he will change all, 2015 : fucking monkey, nigger, imma kill you fag turd etc... same as it always was...
subject list is long...
I agree with you, winchester, that, at the present time the "world is enslaving to itself and nothing can prevent it."
However, in my view the underlying PROBLEM is that everything, including the current totalitarian agricultural systems, were based on being able to exponentially strip-mine the natural resources of a fresh planet, while simultaneously disregarding all of the longer term costs from doing that, because those obtaining the shorter-term benefits could continue to corrupt the political processes, by reinvesting some of their profits from frauds in still more frauds.
OF COURSE, there are still enough natural resources left to strip-mine, especially from the perspective of those towards the center and top of the established economic systems. HOWEVER, the fundamentally fraudulent financial accounting systems' ways of privatizing the profits, while socializing the losses, are driving the overall socialized costs to accumulate to astronomical sizes, while those are mostly being deliberately ignored ...
It is extremely DIFFICULT to judge with enough objectivity how much longer the growth based upon being able to strip-mine the planet's natural resources could continue. However, like you, winchester, I presume that as long as that continues to be sufficiently possible, so that the current systems of production can feed and entertain people, then there will NOT be enough sociopolitical pressures to change. Bread and circuses worked before, for a while, but that empire still eventually declined and fell ...
The great PROBLEM with respect to everything being based upon the history of the exponential growth of strip-mining the planet's natural resources, is that NOBODY really knows for sure what the limits to that may actually be, while all the established economic systems tend to be based upon people deliberately ignoring that those limits must necessarily exist. Almost everyone who enjoys being socially successful today, doing whatever they may do inside of the established systems, are WITHIN the fundamentally fraudulent financial accounting systems, which enable them to participate in strip-mining the planet, in ways which they feel are "good," while they mostly do not even consider the larger context of what they are really doing. Everyone has adapted for a long, long time to live INSIDE ENFORCED FRAUDS, so that whatever might be the relatively more objective realities beyond their lives within Debt-BASED money, "paying" to strip-mine the planet are things that they tend to deliberately ignore, as well as practically could not do anything to change, since almost everyone else is also deliberately ignoring that too, while the ruling classes continue to ENFORCE FRAUDS in ways that keep their established systems going.
Theoretically, people could have attempted to adapt to those limits, manifesting as diminishing returns, for a longer time, starting in the past, IF people were more miraculously enlightened. However, that was never politically possible, because civilization was actually being controlled by systems based upon enforcing frauds, which meant that civilization became like an insane asylum, controlled by the most criminally insane inmates.
Meanwhile, I agreed with the general tenor of your reply, winchester. It seems to me that the majority of people are happier to be distracted, and to ignore that everything they enjoy doing is currently based upon strip-mining the planet. I do NOT believe that corporations like Monsanto are actually preparing for the future, because an entity like Monsanto is far too evil to be able to do that, since, paradoxically, what they would really have to do, as the only longer term solutions which could endure, would be to participate in developing better integrated systems of human, industrial and natural ecologies. While that is theoretically possible, Monsanto is more of an actual example of enforced frauds, controlling totalitarian agriculture, in the overall context of totalitarian economics, all of which has worked all too well in the short-term, while we are appear to just be on the edge of some of the turning points in the medium term, of reaching the tipping points with respect to growth based on strip-mining the planet running into relatively objective limits, manifesting as diminishing returns, which will show up first and foremost through the fundamentally fraudulent financial accounting systems, causing effects which may well appear to be counter-intuitive to those who presumed that endless growth was always going to be possible to continue ...
We face overshoot in a nutshell ... It is absolutely impossible for exponential growth to be endless. However, most of human history has been doing that, and the industrial revolution, developing upon a fresh planet, with abundance natural resources available to those new technologies to be able to strip-mine, has enabled the continuation of that exponential growth. Almost everyone thinks that is "normal" ... therefore, the "new normal" becoming "paranormal," as Zero Hedge has been describing, continues to have most people wanting to propose bogus "solutions" that would enable us to get back to being "normal."
As long as there are enough resources left to strip-mine, then the established systems of production can continue, and people will not likely rebel as long as those systems of production are still working to feed and entertain them. HOWEVER, by the time that enough people are forced to fully face the facts that endless exponential growth is NOT possible, the established systems shall have severely overshot whatever might have been more sustainable.
Most of the "revolutions" in the future will be driven by the basic conditions changing, not because enough people become more enlightened. Rather, as things get objectively worse, due to the limits of diminishing returns from strip-mining the planet, "paid" for with "money" made out of nothing as debts, then I expect most people will become more criminally insane, rather than more rational, and that especially applies to the ruling classes, who will become more and more desperate to keep their systems going, by their All-Star can kicking ... which eventually ends up making things become still worse, in the future.
HOWEVER, it is possible that the older generations, towards the center or top of the established economic systems, that have been enjoying their opportunities to strip-mine the planet, will continue to be able to do that for the rest of their lives. It may still only be younger generations, or those not yet born, that have to finally face the full consequences of civilization being controlled by fundamentally fraudulent financial accounting systems, so much, for so long, in the past ... COLLECTIVELY, WE RUSH TOWARDS THE PARADOXES OF FINAL FAILURES FROM TOO MUCH SUCCESS THROUGH ENFORCING FRAUDS.
Meanwhile, those who most benefited from enforcing those frauds continue to be able to dominate the political processes, and to enjoy their fantastic short-term benefits from doing that, while even those lower down in the social pyramid systems are also sharing in their own little pieces of those processes, and so, will probably continue to complacently do so, for as long as that is still possible for them to do ...
Glad to see you incorporating totalitarian agriculture more into your vast knowledge base. Your predictions on an over-shoot are alarming. Tis a shame that a parabolic 'event' couldn't happen to help tap the brakes on this crazy train.
Yeah, gswifty, long ago I used the metaphor that learning more about those trends towards over-shoot was like riding on the cow catcher of the crazy train. Historically speaking, the physical steam engines and the financial debt engines were invented at about the same time in human history.
It would be nice to help tap the brakes, however, the DEBT ENGINES based on government enforced bankster frauds are locked into overdrive! The basic structure of the MAD Money As Debt systems demand always creating more debts, in order to pay the interest on the "money" that was previously created out of nothing as debts. It seems wonderful while the bubbles are being blown, but then they pop ... One of the symbolic examples in the news is with respect to the how the Greeks were able to blow spectacular economic bubbles based on debts, with the help of Goldman Sachs, after Greece was able to join the EU, and so borrow Euros to blow.
Greek Austerity And Economic Religion Those who recommend that the Greeks leave the EU and stop using the Euro tend to underestimate the consequences of doing that! As so many articles on Zero Hedge have explained, the banksters have built globalized debt bubbles of mind boggling proportions. There was never any politically practical ways to stop the best organized criminals from controlled civilization through backing up lies with violence, and therefore, the established systems of ENFORCED FRAUDS have reached astronomically amplified magnitudes, where the money made out of nothing to gamble with is orders of magnitude bigger than everything that flesh and blood people use the same public "money" supply to live!
The crazy train we are all riding on can not be adequately described except as some sort of preposterous looney tunes kind of cartoon! The real numbers are already DEBT INSANITIES, while the banksters DEBT ENGINES have to continue to accelerate, because they have no good ways to slow down. They were not built with "brakes" in mind, because they were not built to ever slow down. The banksters' DEBT ENGINES were built for exponential growth, of more "money" made out of nothing, with even more made to pay the interest on the previous "money" made out of nothing ... all of which was built on being able to exponentially strip-mine the planet's natural resources, in order to keep that going and growing ...
NOBODY fully understands what happens when we reach some relatively objective limits of being able to strip-mine the planet! There is nothing in human history to compare that to. Theoretically, it would be good to apply the brakes on the runaway crazy train. However, there are no good ways to do that ... Rather, the more one learns about what is going on, the more one gets a front row seat to watch the crazy train wreck in motion.
In my opinion, nothing published on Zero Hedge appears to significantly change anything that the established systems keep on doing anyway ... Rather, the only think that a regular reader of Zero Hedge obtains is that kind of front row seat, on the cow catcher, to better watch the panorama of globalized crazy trains accelerating towards unprecedented train wrecks!
Wow, that's a lot of questions. All irrelevant when you have criminals running things for their own enrichment, worldwide. No system can be built to withstand that. Not even a hard gold standard would survive that level of corruption.
I know what will stand the test. That is taking centuries of "royal", "vatican" "priveldge" machinations to a Court. Stripping them naked of lies. Stripping them naked of advantage and bought out influence. QUEEN should pay a hefty tax on all holdings. QUEEN should be enacted to give up each and every legal tie to any land, colony. There should be no CROWN LAND anywhere. FU Queenie. FU Vatican Bank. FU Rothschild tax avoiding co's and banks.
ALL nations "national banks" shouls be restrored as the sole entity with power to create money. All private interest banned by constitutional law. (see COMER in Canada)
Taking all politicians to task. Breaking up corporations so as to limit global monopoly. (anti-trust) To hold every single corporation responsible for each and every action that results in any damage to this planet. Period. No settlements, Just put your corporate assets liable for any act that kills a bee, maims a living creature, fracts into an earthquake, and OUTLAW ANY POLITICAL CONTRIBUTION over a small amount. Ban any and all corporate/banking employees from holding public, decision making, employment for 10 years AND vice versa. AND FOR FUCK'S SAKE wake up to the fact that corporations are not people.
Negate NAFTA or TPP (if it passes) and negotiate in good faith trade deals that benefit both partners (and that means the people not the corps.).
Someone, somewhere has to start building the guillotines. Tiime has come. Longer we all read and think and talk the worse it becomes. (not for me , I will be be dead) but for generations. Time to call this crime for what it is.
Courts do Fuck All. Courts are bought off. Politicians are butlers to the crime (and too stupid to think).
I know who has honesty. And they are not named above.
Good luck with that.
"What happens if governments eventually announce that most retirement accounts and pension plans will be required to purchase continually devaluing government issued bonds?"
You stop participating in them.
WAKE UP. ALL retirement funds were one "prize" aimed at since 2000; if not earlier.
No way the gov. or central banks or vultures were ever, ever going to allow trillions of dollars to sit in "useless eaters" accounts, "THEY" have been coming after every single dime for decades, Hence FINRA, hence bail-ins, hence MYRA, hence gov. surveillance on every word, hence laws enacted allowing private assets to be seized without proof,
They are narrowing each and every escape route from their larcency,
What would happen if the Chinese government announced that it will buy gold at $2,000 per ounce?
We are talking about buying back with US Dollars here.
Does the word inflation ring a bell?
The Chinese and Russians can overturn the card table whenever they want to. We are living on borrowed time.
It does not suit them to overturn the card table at present ... and the card table is rocky enough that it will fall over in due course anyway.
The irony of the U.S. Department of Justice arresting foreigners in Switzerland for wire fraud, racketeering, and taking bribes for a sport (FIFA) - while banks and scores of C.E.O.'s and individuals in the U.S. and Europe escape any indictment or arrest whatsoever - tells you the level of abject insanity involved in the financial world and the the entire "developed" World.
Ponziconomy, Ponzisociety.
Makes me puke. For anyone with half a brain.
So when? How far do we get pushed?
Hillarity ensues.
we get used to, it will never happen.
Many of the FIFA charges could be applied to the Clinton Foundation and H Clinton peddling political influence to contributors while acting as Secretary of State. How fitting that FIFA contributed to the foundation as well.
1 dollar becomes 9 through the magic of fractional reserve banking. In turn those 9 dollars are loaned to other child banks and become 90 dollars. Then those 90 dollars are loaned to independent credit facilities under a bank charter to offer student loans, car loans, stock margin, even bond purchases and magically count as 8100 dollars. Every dollar of a bond purchase becomes a deposit. That 1 dollar deposit becomes 9 dollars...etc...etc...etc...
All from a single dollar an entire economy can be conjured from thin air.
Its all fun and games until someone tries to withdraw their deposit....
Let's put sodium phenathol in the DC water supply.
Film at 11
Won't work. Sociopaths et al can pass lie detectors. AND most of the "captured" idiots probably are so bought off and brain-washed it is a breeze to regurgitate the lies that keep their jobs.
I think that even the Clintons sleep comfy at night. No conscience? No problem. IQ over 130 totally captured, No free thought beyond self-enrichment and ego strokes. IDIOTS. Hang them high,
Living under a system of plunder as Zion is, the only sane investment is in Liberty, and in Liberty assurance tools.
Liberty is a demand. Tyranny is submission..
A country and people have never been impoverished and ruined by thieves and robbers, but only by those of government acting in the same capacities.
Give it a rest kid.
A country and people have never been impoverished and ruined by thieves and robbers, but only by those of government acting in the same capacities.
ReplyUSA USA has williingly embraced, elected and allowed every single act that deprived the people of liberty. AND allowed the trade deals that have impoverished, And allowed the decay,
Isn't that what he said?
The Albanian pyramid scheme comes to mind.
“Already the principle banks, the stock exchanges throughout the world, the loans to all governments are in our hands.
“The other great power is the press. By ceaselessly repeating certain ideas, the press in the end makes them considered as truths.
The Theatre renders similar services, every where theater and press follow our directives.
By an indefatigable campaign in favor of the democratic form of government, we will divide the Gentiles amongst themselves in political parties, we shall thus destroy the unity of their nations, we will sow the seeds of discord.
Powerless they will have to accept the laws of our bank, always united, always devoted to our cause.”
- Rabbi Rzeichorn speech in Prague – 1865
My Tools worked yesterday, I'm pretty sure my tools will be able to function Tomorrow.
on a long enough time frame even that system will fail, but we all die sometime..
Gold bugs are ignorantof history and the gold standard and manipulation scandels of the post civil war to great depression era.
Frying pan to the fire...Let's go boys!!!
Embrace the suck. Use the force Luke become a cop. Be the force.
Create your own crypto-currency to be used during the blackout. Wait a minute, crypto won't work during a blackout. Ok gold and silver will have to do.
Have both PM's and crypto - diversify - choose the allocation(s) that suits your circumstances.
Have some national fiat too ..... some of the prepper items will not go astray either.
Then hug your children, read a book, walk ..... live.
It's time to cash out now before they crash it.
When at a losing table at a casino, I get up and walk to another. If the place is rigged, I cash out my chips and leave.
It is time to cash out and leave. Liquidate the checking, savings, 401k, and keep it in cash, gold, silver, food, and means to defend yourself.
Leave the coasts and former vibrant metropolitan cities, now rotting from within and move somewhere strategically safe. Prefer states that respect civil liberties and are pro second amendment. Understand their vaccine policy if you have children.
It's time to cash out America.
Two Words:
Lima Beans
Well, it's based on fake money. That is really all you need to know.
Agreed. It's always the same no matter where you are - like gravity - that the government, controlled by a few insiders, makes the "mistakes" and the people pay the price on the presumption that the mistakes were made on their behalf. There is always a greater crisis, that requires that people submit to a central authority. Then the central authority fails, and we need an even greater central authority to deal with that problem.
We are locked into a political paradigm will destroy the planet itself if it cannot be stopped. Authority and responsibility must go hand in hand. We need to give the people the freedom to make their own decisions and take responsibility for them. It is the ultimate injustice for people to pay the price for decisions in which they had no say.
In the old days, if the leaders said we needed a war, they would lead it. George Washington, for example, sat on his horse between two armies firing at one another, and gave birth to America. Where are our leaders today? They're hiding in the deepest, most defended hole in the ground possible, while they tell us we need war with Russia, China, India, Iran, et al. Are they our leaders or our occupiers?
2 more words come to *my* mind: "mass" and "starvation"