|Coming to a theater near you soon|
Does this really have any impact on us? Perhaps not directly but it is a symptom of a growing problem with the central planning of the globalization cartel. As the attention of the Central Bankers remains focused on protecting the Bank's balance sheets from their insolvency, the real economy is left to the trickle down repair that is NOT addressing the pain on a large portion of the sheeple. Instead of expending their efforts to improve the structural breakdowns from years of malinvestment by the bankers, we have elected to chose a path of "extend and pretend". Trying to buy enough time that self healing can allow and economic healing through the ranks of business and manufacturing. Meanwhile the structural decay in our roads, bridges, airports, railways, and education progress unabated.
We're in the 5th year of the "recovery". What the MSM tries to conceal from the public when statistics are presented on improving employment are the more permanent conditions that are developing within our country. We have PhDs that are now working as cab drivers. We have new college graduates taking jobs at fast food shops. These are honest jobs, but they are malinvestment in our future. These people show up as "employed" in the statistics, just as those that have given up looking for work and just live off of food stamps and other forms of Government assistance. The real unemployment number in this centrally planned recovery is closer to 20% which is a depression era number here. In the countries like Spain, the official numbers are well over 25%. Back on our own soil there are enormous families that were living large and believing it was their patriotic duty to be an aggressive spender. They were encouraged by the media and government even to spend and consume. Now the music has stopped and instead of letting the strong hands come in and take over the defaults of these millions of sheep....the Central planners elected to try and reinflate the housing bubble and destroy the possibility of a more meaningful long term recovery. This is calculated and this is why we talk about protecting yourself. There will be more pain to come, and it can only be postponed so long.
Keep your eyes on Europe. Its going to be warm weather soon. And with warming weather will come new problems for the Central planners. March should be a time for renewal. Someone is going after the Vatican. Strange timing. gl all