This song describes the United States depicted in this article. Click on screen to see full image...
Behold the Storm and All the Mad People
Egon von Greyerz writes, “We now live in a world where governments print worthless pieces of paper to buy other worthless pieces of paper that, combined with worthless derivatives, finance assets whose values are totally dependent on all these worthless debt instruments. Thus most of these assets are also worthless. So the world financial system is a house of cards where each instrument’s false value is artificially supported by another instrument’s false value. The fuse of the world financial market time bomb has been lit. There is no longer a question of IF it will happen but only WHEN and HOW. The world lives in blissful ignorance of this.”
Ben Bernanke, Timothy Geithner, Barack Obama, the Wall
Street banks, and the corporate mainstream media are playing a giant
confidence game. It is a desperate gamble. The plan has been to
convince the population of the US that the economy is in full recovery mode.
The Burning Platform
“First, the global economy is in dire straits and riding the wave of a convoluted ‘recovery’ built on fiat and fantasy. So to get to the point (as if it is not painfully obvious); there is no recovery! I don’t care how often CNBC, MSNBC, FOX, or CNN, pull skewed data and automaton analysts from their ghastly dungeon of disinformation, the fundamental dysfunctions of the American economy remain unchanged. The key here is the dollar and its inevitable demise, which the establishment is trying desperately to hide until the last possible moment. Over the next year we are likely to be buried in a deluge of excuses, half-truths, and lies, all meant to divert attention away from the word ‘inflation’ as the masses begin to question just what the hell is going on,” writes Giordano Bruno.The mainstream financial press as usual will be used as a tool to mislead the public even as the storm hits them broadside.
The United States financial system, as it exists, is making
war on its own citizens, and on the citizens of other countries,
by foisting the decrepit system on the rest of the world.
After the Federal Reserve went on its latest rampage of printing money, Peter Schiff of Euro Pacific Capital said, “If bond prices failed to rise given such a Herculean effort to lift them up, there can be only one direction for them to go: down.” So as the winter opened her cold doors, the bells of doom are ringing in the huge bond market meaning that a lot of trouble is brewing on the horizon. “The big money realizes that the Fed is fueling a trend of global inflation.And only a fool would want to be stuck holding bonds when interest rates rise,” writes Robert Prechter...
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