Hyperinflation is an evil and very powerful weapon now being aimed directly at the Iranian people. Is this a blatant act of war? The Iranians will either be crushed or fight. Or will the Iranians allow subjugation to the bankers? Will this soon spill over into other parts of a fragile world economy. The Germans still can't get the taste out of their national psyche. Can it really be the case that German policymakers make their judgments in 2012 based on what happened in the 1920s and 30s? We should never underestimate how much ordinary Germans fear a return to hyperinflation and how much Berlin's policymakers believe anyone who ignores this concern is soon out of office.
How does this affect the current conundrum?
The French want the eurozone to follow the example of the US Federal Reserve and provide unlimited funds to support troubled European economies........that's because France is a parasite compared to the economic powerhouse of Germany. Don't get me wrong. France is a fabulous country.....full of beautiful countryside with great wine, cheese, and women. Maybe a little short on showers and shaving but that is another time and another story. For now the topic is whether 17 countries that fought one another for hundreds of years can now suddenly give up their sovereignity to bankers and technocrats for another credit card?
How many Spaniards will it take in the street before the ECB starts to print in massive amounts? Then the Italians.....then the Portuguese.....then the Irish....and on and on. We have embarked on the final course of the Titanic....may our journey end better.
All of us have a rendezvous with nature. Its unavoidable......even the elite.....enjoy the game of life and don't forget.....if you lose your dignity and your morality.......then you have nothing. Make sure they don't take that from you. You do have that choice.
I use as many metrics as I can find...This market is the BEAR of all bears perhaps worse than the 1929-1933 crash.It was the result of a thirty year credit bubble that could have been stopped. Many of us trading and trying to survive this will be destroyed....Many families will be destroyed, conversely many families will become closer as they unite to survive. I will attempt to provide useful current daily news that will assist you in your market and personal decisions. Always do your own due diligence...my commentary is just that....commentary. We are now entering the K Winter final phase down. This is heralded by a complete loss of CONfidence. Many of you that have read this blog know this is EVERYTHING for markets. We are lost and our moral compass is lost...that is a disastrous combination. The rule of law is now in the rear view mirror for this nation. Prepare for coming events beyond your imagination. readers