Economy

As we tip-toe near the edge of the third central bank generated financial bust of this century, there is absolutely no way of stopping the crash landing just ahead. Why? Because the central banks are so caught up in their own self-justifying group think that they are utterly incapable of seeing the massive financial derangement all about them - a casino that is blindly impelled to churn the secondary capital markets and inflate the price of existing assets to higher and higher levels until they ultimately roll-over under their own weight. Let me explain.

Never before in history have we had a stretch like this without major economic and financial consequences...History has shown that every bubble bursts eventually, and when this bubble bursts, it is going to make 2008 look like a walk in the park.

The madmen who are responsible for the coming economic disaster continue to behave as if they can manage to avoid it. Violating Einstein’s definition of insanity, they continue to apply the same poison that caused the problem. These fools believe they can manage complexities they do not understand. We are bigger fools for providing them the authority to indulge their hubris and wreak such damage.

Much has been written by a variety of analysts on the health of the U.S. economy, its susceptibility to a collapse, and possible/likely/imminent (depending on who the author is) of an impending stock market crash, falling U.S. dollar and future hyperinflation. Below is a cross-section of opinions on the subject to help you get a more enlightened understanding of the factors at play and what influence, if any, they may have on how things unfold.

Mladjenovic explains his contention that we are in for a inflationary depression and, as such, investors should put their money in those things that will benefit from both inflation and strong demand and supply and stay away from where there is a deflationary impact, such as real estate. Words: 825

Inflation is the debasement of money by the government. PERIOD. It is NOT a general increase in the level of prices for goods and services. These statements are critical to an understanding and correct interpretation of events which are happening today - or expected to happen - that are casually attributable to inflation. Let's go one step further as to what inflation is, what it isn't and who's responsible for it.

I keep wondering to myself, do our money-printing central banks and their cheerleaders understand the full consequences of the monetary debasement they continue to engineer? [Below is what I think awaits us.] Words: 1013

Imagine if the Fed and the Big Banks are actually planning on the US Dollar to tank! If that is, indeed, the case, here is how I imagine such a coup would unfold.

The Great Depression was the most severe economic depression ever experienced by the Western world and it was during this troubled time that the world’s most famous case of deflation also happened.

People riding a runaway train can party and remain oblivious to the fact that the train is about to crash into a huge obstacle. Our runaway financial train is about to destroy the status quo as it crashes into the obstacle of mathematical consequences – the inevitable financial train wreck. “If something cannot go on forever, it will stop.” [Let me explain.] Words: 974