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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 441.88-2.7%Feb 5 4:00 PM EST
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To: TobagoJack who wrote (49103)4/24/2009 10:22:13 AM
From: Metacomet1 Recommendation  Read Replies (2) of 220062
 
i have often stated my premise, that the Financial Collapse of 2001 is not about a cyclical event but to do with a once in several hundred years structural process, and so it is on that basis i do my watch n brief, as long as the script holds true, and, comet, the script is so far, since 2000, holding true.

I don't disagree with the premise.

And verily the Financial Collapse of 2001 has indeed occurred and is still in the process of unwinding.

It was facilitated and accelerated by a focused, protected group of nominal "capitalists" who used a corrupt regime in the most powerful country on Earth to effect the greatest transfer of wealth in the history of mankind to the smallest group of connected pigs ever assembled.

That was then.

Where we differ is that you have no next act.

The China miracle is another of those epic stories that will take several more decades to reach truly critical mass.

To underestimate the potential of the current leadership is ill advised.

There will be missteps as the degree of destruction is so great.

Where we differ is you deny the ability of the US to right itself at this juncture.

I believe that we have a chance to do it.
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