Just waiting for the soon-to-be-official Narcissist-in-Chief to recover from his Coronation Ball are these steaming heaps of economic reality:
Will China Lead the World Into Depression?
Monetary Union Has Left Half of Europe Trapped in Depression
Shipping Rates Hit Zero As Trade Sinks
Roubini: Worst Is Still Ahead of Us
Biggest Korean Fund: Time to Sell US Treasuries
California and 43 Other States Face Huge Budget Shortfalls
Buffett: US In Midst of 'Economic Pearl Harbor'
Prediction: with his range of action on the economic front severely constrained (likely even more so than can be surmised by open-source info, despite Buffett's slobbering kisses), Hopey-Changey will resort to a little saber-rattling as a diversion.
Your call as to whether it will be against enemies foreign -- or domestic.
Alea iacta est.
(h/t to Spartacus for several of these links)
The more FRN's these a$$hats throw at the economy (Keynsian Idiocy), the deeper into the doo doo we'll sink. The more FRN's the less they are worth. The less they are worth, the fewer 'investors' will participate. The deeper we sink, the more social unrest and the need for 'control'. The sheople will eat up the justification as 'for your safety'... Admittedly oversimplified, but even then how many 'get it' to the point of pushing back and saying NO? RUREDY?
ReplyDeleteDas Katt