Hello cb ilaine, you can tell your obviously foolish clients any lie you admittedly would, for that is your in any case obvious and now admitted m.o.
let me connect the dots for you so that you can better link the missing for your clients should you choose to be honest for a change, thus passing on a favor that you are fortunate to receive soon much earlier than the most. I hope you will treat the favor with more thanks than you have my past favors, so that you would not be disadvantaging you and yours so very unnecessarily, and that yours would not have to query you in the future, “why did you not heed tobagojack’s altruistic admonition and sought redemption by path of gold?”
To save time, and exercise your synaptic gaps, let us improve your sense via Socratic dialogue.
Question: why do you suppose you sense a credit crunch while I detect a credit deluge?
Answer: Because bad money drives out good capital, always, since biblical times, and fiat money inflation infused economy of usa is in effect sending true capital away, to where they are better welcomed, facilitated by the banks such as but not limited to hsbc.
Question: how does one mistreat true capital, that which is borne of family values, diligence, thrift, and faith in the future that is worth saving for?
Answer: One mistreats true capital by tax rate higher than those extracted by emperors of old, while calling such ‘not a tax’; by obstructing free flow of capital; by stipulating non-market rates of compensation; by invoking terror even while one generates more horrors; and by believing mob rule is the same as astute lead. In a word, wastrelism.
Question: is there a ‘save’ from wastrelism? Or must it inevitably and inexorably run its sorry course, terrible days after horrible nights, through reflation, confiscation, redistribution, dissolution, retribution, revolution, collapse, and entering darkest interregnum?
Answer: No, and yes. The suffering would be in direct proportion to the power of the miscreant officialdom, which in turn is directly related to the foolishness of the aggregate electorate.
Question: Is there an ‘opt-out’ from wastrelism? A course of action that might sidestep the worst of what wastrelism must give rise to?
Answer: Yes. Physically, by decamping, as the astute and very british hsbc operated on extremely Scottish principles is doing, and engage with Chinese everything, and so causing a credit crunch in your neighborhood while allowing my arena to engage with a credit deluge;
or metaphysically, by getgold, that which I had urged you, in my always altruistic fashion, to do since two (2) doublings ago. A tip, favor, or a forward guidance, gold will do at least another two (2) doubles relative to all that you hold dear.
For your further learning, as mentioned, hsbc is definitely not a Chinese bank. While hsbc is well run enough, as indicated by its lacking any receipt of officialdom handouts, and has a secondary listing in money rock hong kong, next to freedom mountain kowloon, near liberty isle Lantau, it is however trumped by the largest bank in the world, the Industrial and Commerce Bank of China, because unlike Scottish operated British bank, ICBC refrained from buying into the american fraud that is Countrywide, which now is not even citywide anymore, and soundly refused to lend on anything more than 50% loan-to-value. You should wise up your foolish clients that Chinese are helping their lot by keeping the credit drug flowing even as your neat and tidy Japanese will be borrowing from as opposed to lending to the world.
In a few words, inflection point right now.
Recommendation: getgold.
Cheers, tj |
