Originally posted by ConSigCor:
...We are now reaching the point when lies, money printing, artificial interest rates or any other form of manipulation will cease to have any effect. The sheer force of the avalanche will kill all fake manoeuvres. And as the avalanche crushes anything in its way, it will pulverise the financial system, stock markets, bond markets as well as all markets that have been inflated or manipulated by a crooked elite. This means that banks will either go bust or that the money will be worthless due to unlimited money printing. Stocks will go down by 90% or more in real terms, bonds will be worthless, social security will not exist, pensions will be wiped out and property values will decline by 75% to 95% in real terms.
This is the magnitude of the avalanche that the world is likely to experience in coming years. Could I be wrong. Well, I hope I will be. But sadly I fear I will be right. The only question is if governments and central banks can delay it for another few years or if the force of the avalanche is too strong this time....
Yep. I wouldn't bet it will be in 2018, but I wouldn't bet against it either. You can't change the laws of economics any more than you can change the laws of mathematics or physics. Sooner or later the world will correct - and there's a lot of correcting to do.
The Trump tax cuts and the soaring stock market would seem to tell us that all is well. Well, all is
not well. As long as the fed keeps interest rates artificially, as long as Congress spends money like a drunken sailor, and as long as local and state governments continue to raise the minimum wage, our economy will be on a downward path.
And globally, things aren't much better. The oil rich nation-states have been living soaring oil prices for decades. We're seeing what happens when oil prices fall in Iran, and even in Saudi Arabia. What will grow out of this is anyone's guess.
Add to that the states like California and Illinois that are teetering on the brink, the student loan bubble, and Social Security, and you see what the problem is.
Onward and upward,
airforce
