There never was a global recovery, at least not a natural one.
The U.S. government falsified many reports, bought corporations, purchased stocks and bonds, and created a wall of subterfuge, chicanery, and outright lies to hide their illegal actions. Meanwhile, the nation's central bank and the U.S. Congress worked at a fever-pitch to artificially reinflate and compound the same debt bubble that led to TARP and the other disastrous handouts given to the largest political donors using cash robbed from current and future taxpayers. It was all designed to keep the same losers and thieves in power.
The failed bastards could not succeed with legitimate business plans, so they resorted to armed robbery of the nation's treasury; past, present, and future. -ng-
Now, we're right back to the period immediately before the TARP disaster, but, the nation's fiscal health is many times worse. Today, debt is trillions of clownbucks higher, unemployment is rampant, a new wave of mortgage defaults and bankruptcies are barreling toward the nation like a massive tsunami, and inflation looms large. What now? What silver bullet will save the day? More printing? More fascism? QE-forever? Confiscation (real or effectual) of precious metals? WHAT NOW?!?!?!
That's not a "conspiracy theory" by the way. We all witnessed the deceit, treachery, high crimes, and treason as it transpired in real time. -ng-
We're well over two years into a dark and bleak era of post-capitalism in the United States. It will become much, much worse. |
