feels nostalgic about something – their childhood, a former love
interest, or a long past moment in time, when reminded of ephemeral
happiness. Such feelings encompass the individual human experience, or
– in the case of the proverbial “good old days” –
past eras of perceived comfort or simplicity. Or, in financial terms, decades
of economic prosperity, efficiency, and a strong correlation between effort
favorite macroeconomic analyst – Charles Biderman
of TrimTabs- puts it beautifully when he
describes the clueless “Powers That Be” assuming if they can just
“find a plan that works,” the good old days of economic
prosperity and soaring financial markets will return…
Biderman: “The World Cannot Go Back To The Way It
like a ship that long ago sailed, the Western economy’s strength
– and global dominance – is but a memory, and one day will
be viewed as a blip in the sands of time (aside from iPhones, of course!).
The below, three-minute pictorial of 1,000 years of European history
represents one of the finest pieces of comprehensive research I have EVER
seen, a perfect analogue of how the so-called “importance”
of today’s Anglo-American- dominated society will eventually be forgotten…
Election Aftermath In 1000 Years Of Context
Just as a
baby grows to be a man – excepting the Curious Case of Benjamin
Seven, but I look a lot older – Curious Case of
Ponzi Scheme must expand to survive, until it eventually collapses of
its own weight.
Ponzi Scheme –
the nature of fiat currency systems, be they isolated –
as the 1920s German Reichsmark – or global, as is the case
today. In 1971, most nations had little, if any debt,
and the only means of generating “wealth” was via the production
of desired goods and services. Moreover, two billion Eastern Hemisphere
inhabitants produced nothing, and didn’t even have access to the
information they possess today, let alone the means – or
government-support – to pursue such ends.
brief period of time, the West DOMINATED the industrial –and financial
– world, led by the apparently indomitable “King
Dollar.” It took decades of debt growth and production decline,
but eventually the combination of a monetary Ponzi Scheme and loss of industrial
market share ended its reign. Europe may be the focus of today’s
news headlines, but as Gerald Celente stated this
not about the Greeks, the Spanish, the Italians, the English, or the Chinese.
It’s about EVERYBODY.
taken the mantle of industrial SUPERPOWER, but sadly, its horribly
mismanaged economy – care of Communist planning, overpopulation, and
the ill-fated decision to peg the Yuan to the dollar – leaves it
equally vulnerable to the fiat cancer rapidly spreading round the
globe. Mark my words, China will feel the full brunt of the gathering
monetary tsunami, but will “remain standing” when all is
said and done, which is more than I can say of the supposed
“leaders” in America and Europe.
know what happens when debt spirals out of control, yielding the same result
EVERY time. Once debt becomes unpayable,
it’s only a matter of time before BANKRUPTCY arrives. TPTB are
“running on fumes” in their attempts to alter public PERCEPTION
of this inevitability, having but three, increasingly useless weapons
remaining – MONEY PRINTING, MARKET MANIPULATION, and PROPAGANDA.
the law of “DIMINISHING
RETURNS” ensures all three “weapons” lose their
potency, which is EXACTLY where we stand today. It was fun while it lasted
– you know, borrowing and spending money we didn’t have –
but “WE CAN’T GET IT BACK.”
YOURSELF, and do it NOW!