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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: John Vosilla who wrote (1751)1/23/2019 4:23:38 AM
From: elmatador  Read Replies (1) of 13801
 
John, closed societies do not have the open debate and noise we are used to. They want to keep a layer of calm surrounding all the troubles that the governing elites know very well about them.

The result is that negative outcomes appear as "surprises" while they were known by the officialdom.

In closed societies, risks are kept under wraps to avoid the masses getting aware of them. That disturb the careful laid plans of the elites
And we know for a fact that as long as we are alive we are facing risks.

Economies are not different. Risks are appearing every time.

Now look at a country that makes 5 Year Plans. Five years in today's economies is a very long time. Officialdom needs to keep the chimera that the plan is working despite the sudden changes affecting the economy.

They want to make the mass believe that the good times are rolling.
Compare China with Japan in 2013:
.
JAPAN has had seven prime ministers in six years and six finance ministers in three years.


Why? because the country stopped growing:


Since the collapse of the Japanese debt bubble in 1989-90...GDP averaging around 0.8 per cent a year. Nominal GDP is roughly the same as it was in 1992.
The world moved ahead and Japan is stuck where it was 20 years ago.


China's elite has it coming
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