Thursday, January 06, 2011

Prophets Of Doom - DEER IN HEADLIGHTS



This is a must see documentary, experts in fields of FINANCIAL, PEAK OIL, WATER, FOOD PRODUCTION and TECHNOLOGY (shown here and least important of group) share their wisdom. (and how pollution plays into this)

The brain of MOST humans only wants "CAN KICKED DOWN THE ROAD", but that is not what is best for our world and children and beyond.

We are quickly depleting the world of its resources, and at some point this will be apparent to anyone with a pulse, there could even be wars over natural resources and control over them...the US is at forefront of the oil gluttony and CHINA is right there.....but they are growing quickly, adding more cars....10 years ago they were not an issue......

Our economic policies have turned us into mere CONSUMERS OF THINGS, and hence we dont make much, our $'s and JOBS have fled overseas, impoverishing the people and empowering the producers. With our money CHina has gone around the world buying up resources, right now they account for 97% of ALL RARE EARTH MINERAL PRODUCTION. You can thank yourself, you can thank our gov't and you can especially thank the FED RESERVE POLICIES.

I am looking BEYOND the current manipulated, caluclated, manufactured stock rally built on $TRILLIONS of borrowing and money printing.

If this current rally was anything more MANUFACTURED, than after 2 YEARS!!! of 0% interest rates and 90% HISTORICAL PONZI RALLY.......interest rates would begin to move up at the FED.....they are saying the ECONOMY cannot even sustain a .25% increase in rates!!!!!

This is powerful, that's what $TRILLIONS poured directly onto stocks will do, but its not organic, its manufactured and it will fail at some point.

YOU CANNOT PRINT YOUR WAY, OR SPEND YOUR WAY TO PROSPERITY. YOU CANNOT GET OUT OF A CREDIT DEBT BUBBLE BY? PRINTING MONEY OUT OF THIN AIR AND CREATING EVEN MORE DEBT!!!!!!!!!!!!!!!!!!!!!!!!

WHAT WILL US GOV do with $14 TRILLION in debt? with another $1.5 T added for 2011, and beyond......this doesnt even account for the biggest can kicked down road, Medicare and Social Security of which accounts for another maybe $50T......that can is rather rusty......

Things 20-30 years down the road, not enough worried about......and what is solution of govt and much vaunted FED? create more debt, issue more PAPER MONEY...INFLUENCE STOCKS so the masses can be fooled! for now.....we are bankrupt, broke....insolvent and so are many banks without a mark to market value rule......

Sure stocks can and probably will go higher, sucking in avg person at the top.....when the sucking sounds begin anew, they will be like DEER IN THE HEADLIGHTS...and go down with the ship.

This is remarkable, but nothing more than manipulated BEAR MARKET RALLY, not a NEW SECULAR BULL...no not built like this....IMHO

OIL is $90 PLUS , this filters down into EVERYTHING we do or make....production of food, transportation of food and goods.

Water is contaminated almost everywhere on planet, spoiling the fish and wildlife in the food chain. In some areas there is not enough drinking water, and we all need water (I have been interested in water ETF's for some time and energy)

WE devour 30 MILLION BARRELS of oil PER DAY! just the US!....but we cannot build even ONE NEW NUCLEAR PLANT?

Kicking the can down the road. WHY DEAL WITH any crisis NOW? when we can foist it on someone else or delay the day of reckoning?

If you think they solved or did anything real about the financial crisis of 2009 you are sadly mistaken......I am waving that CAUTION FLAG TODAY....going agaist the OVERWHELMING BEAR 100% CHORUS OF BULLISH CRIES of some new dawn has arisen...in a near unanamous bullish roar....buy low (it was) sell high (it is).

I don't argue there is a powerful rally, I argue bullish sentiment is getting overwhelming.....fundamentally not much has been fixed...just papered over.....adding MORE DEBT TO A DEBT CRISIS TO RALLY IS LUNACY...as solution....and THEY WONT STOP....they cannot until it POPS AGAIN...and it will.

Maybe I'm the idiot, maybe I dont get it.....but I am flat out defensive and see an ugly end to this...JMHO

Duratek

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