Matters can not, and will not, get better...the country is gone, it is no longer alterable...Past Fed actions have already released the inflation genie into the system. When he decides to explode no one can predict, but an explosion is inevitable...[and then we will have] rioting in the streets. [Let me explain our cuurent situation, what is developing and what will eventually unfold.] Words: 1075
Read More »Search Results for: Monty Pelerin
Major Inflation is Inescapable and the Forerunner of an Unavoidable Depression – Here’s Why (+3K Views)
Whether our current economic crisis will end with massive inflation or in a deflationary spiral (ultimately, either one results in a Depression) is more than an academic one. It is the single most important variable for near and intermediate term investing success. It is also important in regard to taking actions which can prepare and protect you and your family. [Here is my assessment of what the future outcome will likely be and why.] Words: 1441
Read More »Neither Government Nor Media Care About America's GROWING Deficits – Here's the Latest
Does anyone believe the government cares about deficits? Does the American media care? If they do, why don’t you read reports like the following? Words: 970
Read More »U.S. Fiscal Situation MUCH Worse Than Government Lets On!
I believe our fiscal situation is much worse than most people realize. True, the situation might be resolvable with a hard-nosed turnaround specialist in charge [Romney?] but, even here, the emphasis is on “might”! In a political context, where citizens have been conditioned to believe they are entitled to live at the expense of government (i.e other citizens because, after all, government has nothing that it first does not take from someone else), the situation is beyond hopeless. Let me address the true economic situation of the U.S. by way of an email I received from a regular reader recently. Words: 615
Read More »2012: Is This How U.S. Financial Crisis Will Unfold Later This Year? (+2K Views)
As economic and political matters become more desperate in the U.S., so will what the government considers acceptable. If a debt default cannot be engineered via continuous inflation as the Fed's current money-printing is attempting to do, it will occur via a direct repudiation of obligations or a quasi-surreptitious one such the hypothetical one I present in this article. Here is... a look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight[ - and your financial well-being too]. Words: 1365
Read More »The U.S. is Headed Toward a Complete and Utter Collapse of its Financial System (+3K Views)
The U.S. is headed inexorably toward a systemic failure, a complete and utter collapse of the financial system. TARP and all the other machinations have not improved the underlying insolvency of the banking system. They have, however, deferred a collapse and ensured that it will ultimately be worse. [Let me explain.] Words: 1385
Read More »America's Current Economic Factors Make for a Very Dire Future!
Much of the prosperity of the last twenty to thirty years was illusory. We lived beyond our means as a result of easy credit. Now we have the hangover from these good times in the form of excessive debt. [As such,] the background conditions/factors that will influence/dominate our economic future are unique. and pundits and forecasters using traditional economic measures and models are wasting their time and misleading themselves unless they incorporate such factors into their thinking. [Let's take a look at what they are.] Words: 1300
Read More »Will This Be The USA in 2012?
The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Here is... a look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight. Words: 1550
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