WS eating each other up, that much is true. However, the problem is that WS ate the government. Now the population is broke, the corporations are broke, WS is broke, and the government is broke. Every group is blaming each other for stealing their money. The consequence of bursting asset/credit bubble duopoly and kicking the can until it blows up, the black hole too big to fill. What we call SHTF. They need to print to create an illusion of prosperity. If they don't, depression. If they do, inflation. Fckd, that is all. They faithfully did print. The minute they stop, the black hole consumes us because the can was kicked much further. The moment has arrived because the governments are broke, for now in Europe, but don't have high hopes for the US! -ng-
The markets have to be based on the economy, not the other way around! We managed it the other way around for two decades, now we have to pay the price. This is our real economy as a result of mis-management. As you can see in the picture, the output is not great. Can you create something out of nothing? More dollars out of the printing press? Will it change anything? Build more stores to sell what? To who? If we print more, things will just cost more, the picture below will not change quickly. -ng-
Message 27675273 |