IMVA
Governments, like most egos, believe they are important. But like egos, they separate from the people they serve. Governments, in their heightened sense of separation and alliance with big business become vicious, even against their own people, and it really does not matter the form of government, with democracy being one of the worst offenders. Even the States in America are beginning to fight back against Federal control in their struggle to maintain state rights.
Things are about to change drastically in the U.S. and around the world. Events are getting seriously out of hand and will turn ugly faster than any of us can imagine or believe so from here on hold on for dear life! We’re Rapidly Approaching the Crisis to Which 2008 Was a Warm Up. The entire system, funded by the globalist bankers, is entering into a terminal phase with imminent financial and economic collapse looming up as the probable conclusion. The first waves have struck in terms of events in North Africa but when the full crisis hits who will be swept away and what will be left standing is anyone’s guess. We are literally living on borrowed time as something major is brewing in markets around the world and the stakes have never been higher.
Marc Farber, Mr. Doom and Gloom himself, who is well respected in the financial world, spells it out. “I think we are all doomed. I think what will happen is that we are in the midst of a kind of a crack-up boom that is not sustainable, that eventually the economy will deteriorate, that there will be more money-printing, and then you have inflation, and a poor economy, an extreme form of stagflation, and, eventually, in that situation, countries go to war, and, as a whole, derivatives, the market, and everything will collapse, and like a computer when it crashes, you will have to reboot it.”
Trends Research
Trends Research
Trends Research
Trends Research
Gonzalo Lira has a partial explanation. “It’s as if it were happening to someone else—it’s as if it were happening to the Canadians, not to America. The American people are taking the whole budget deficit thing so la-di-da.”Heasks, “Why is no one freaking out over the incredible monetization of the federal government debt that is being carried out by Ben Bernanke and the Gnomes at the Federal Reserve? I have a theory—unscientific, but I think it’s true: The American people have thrown in the towel. They collectively realize that the shit is going to hit the fan big time. So in this little window of time before The Big Splatter, everyone’s pretending that nothing’s wrong, everything’s fine—we’re doing hunky dory, couldn’t be better. Any bad news—like the monster deficit—is ignored, blatantly. The American people collectively blew their country. So now everyone’s pretending that everything’s fine,” while waiting for the end to come. “Everybody with any sense knows that The Big Splatter is on its way—everyone knows there’s nothing that can stop it. So when bits of bad news crop up—like the revised deficit numbers—Americans are placid as Hindu cows. And why not? These deficit numbers are nothing!Americans all know that it’s going to get much, much worse. They all know that there’s no sense worrying about the little milestones on the road to hell. They all know that they’re waiting for The Big Splatter.”
“If one is going to fall out of a window, how much it hurts when one hits the ground (and splatters) will depend on how many stories high the window was. Some of those who live a relatively hand-to-mouth existence may find themselves falling out of a ground-floor window. They will dust themselves off and move on. This will be much less painful than falling from the hundredth floor, as many of the better-off will end up doing. People who may have nothing, but also owe nothing, are not so badly off in comparison with those who have a lot, but owe far more than they have. The latter is a very common situation, and will become increasingly common as assets prices fall in a deflationary environment, and debt servicing becomes ever more onerous. Very many seemingly wealthy people are over-stretched ‘like butter spread over too much bread,’ as Bilbo put it in The Lord of the Rings. Essentially, it is far better to have nothing than less than nothing in net monetary terms,” writes Stoneleigh for The Automatic Earth.
“Tense and terrible times inevitably summon an odd coupling of two very different and difficult human conditions, honesty and brutality. Certain painful truths are revealed and often a palpable fury erupts. Our economy, our culture, our entire world is built upon debt. No one ever asked us if that’s how we wanted it; it is simply how the system was designed when we came into it. After careful examination, it becomes evident that debt does not fuel economy; it suffocates it. It does not nurture growth; it stunts and poisons it,” writes the Neithercorp Press.