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vox kadavergehorsamkeit
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The Periphery is Failing

- Chris Martenson -

A very good article by Dr. Martenson who understands what i have been saying for years; America will not crumble until Europe and Japan have done so. The core economy is always the last one to fall. It is a most important principle to understand when trying to anticipate where capital will be moving to next.

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Beginning of the headline :For years we've preached the "From the Outside In" principle of markets: When trouble starts, it nearly always does so out in the weaker periphery before creeping towards the core. We saw this in the run-up to the housing bubble collapse, as sub-prime mortgages gave way before prime loans, and in Europe, as smaller economies like Greece, Ireland, and Cyprus have fallen first and hardest (so far). We see this today in accelerating food stamp use among poorer U.S. households. In each case, the wea... Read More

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