Consider yourself cooked. Like a finely executed dish, the government demonstrated just how artificial the entire system is. If anyone had any doubts that every minute detail is choreographed, then they were not paying attention to the recent events as played out by all the actors according to script. You heard the minute by minute plays called by the presstitutes on CNBS and others as they screamed how terrible the behavior the the Republipukes was trying to prevent the debt ceiling from being raised. Then today as we approached the "last minute" resolution, the cries of how this "terrible" shutdown will probably effect our next GDP numbers and the negative impact on company earnings. The next cries will be how UNEMPLOYMENT numbers were negatively effected and their "accurate" calculations may be impaired for several months as we work through the shutdown's impact.
IBM revenues were terrible.....it was the shutdown......Wal Mart revenues were terrible......it was the shutdown........CONfidence is lost......it was the shutdown. Is this too much for you to digest, then just dismiss it as conspiratorial and get back to your NFL Fantasy league. I don't blame you. Reality is a bitch and I like Bread and Circus as much as the next guy......its just that I don't like being at a table and wondering who the sucker is.....so I pay attention. Its the "attention" that keeps ringing a bell. Do your own math, but I'll give you something to check on. Counting our total Government debt.....that's the stated 17 Trillion and adding the municipal and state debt and unfunded liabilities...Medicare...SS...GSEs etc its goes over 120 Trillion. Let's leave out the 1.5 Quadrillion in derivatives in this math and JUST CONCENTRATE on the government debt. If you count state tax revenue and Federal tax revenue.....then you come up with about 3.2 Trillion yearly tax revenue to service the debt. Most of this debt has an interest rate attached to it. We are rapidly approaching a problem here. We can't service the interest rate when the interest rates begin to normalize...... Not only that, but our total debt is growing. We won't even dare to bring up consumer/personal debt. That may make you vomit on yourself.
So you see......there will be further printing......not just printing but MASSIVE PRINTING. This is a Supercycle event and they are fighting it with everything they've got. Of course there will be a day of reckoning as we careen towards the cliff over the cauldron of Hell. Fortunately for most peeps up to this point they see nothing and they hear nothing. Unfortunately for most peeps they will see nothing and they will hear nothing until its much too late. If you're reading this, you have no excuse and even the doubting Thomas in you knows this analysis is most likely correct. Even if you hated math in school, you know it just doesn't add up. What do you do? Do you cower in fear and build a bigger bunker? Sorry.....can't help you since these are decisions that each one of you will have to make for yourselves and your families. Some of you have tried to bring these issues up and are tired of being met with skepticism and ridicule......so I'll ask you the simple question......WHY do you do it? Maybe you're looking for validation. I'll just go back a few short years and relate the same experience in 2005 when I began trying to warn family and friends a real estate and stock market crash was in the making. I was met with ridicule and castigated like a criminal. Now the same conditioning by the "recovery" has helped to create a similar environment. Pay attention......you may be early but you're not wrong. This time there won't be cover when the bombs go off......no bailouts and no bunkers........gl