"In the final analysis, when it comes to gauging the probability of “ultimate success,” I fear that our policymakers have pilfered our nation’s assets for the perpetuation of problematic – and in the end unsustainable - Bubble dynamics."
bubble report Doug Noland
WHAT IS MY #1 FEAR? going bald? too late... already did. Shrinkage? Getting into a public rest room, then realizing there is NO TOILET PAPER!! or given a key to unlock the door and it doesn't open?
We're given a key to unlock world dynamics and possibilites. And I'm not saying to ever quit or dream, or a blue sky can appear, or you might even win the lottery. But that is more likely than this all turns out OK.
You CANNOT pave a road that will lead to prosperity by enslaving your population to never ending DEBT! You cannot GROW an economy built on lies, deceit, and more debt piled up on top of the already unsustainable mountain of debt that already existed....never before has that worked nor turned out well.
NO ONE goes to jail in the grossest financial pilfering in our country's history, NO ONE....not a daggone person did a doggone thing wrong.....so much more fairness and the promissed transparency.
WHat is very transparent is the fact we've been HOSED! WHat are those people doing in elected offices? Even ROn Paul and his tea baggers....why haven't they flayed Bernanke yet? invited him for lunch and then he's never seen again? They ship him off to Zimbabwe where he belongs.
OK, you conservative person, just minding your own stupid business, counting your savings....you see that US $ slip sliding away and ONLY matter that holds it up is some of the others in a steaming boat too.....and that MOUNTAIN OF NEW DIGITAL PAPER is just sitting around not doing anything but making bankers rich and helping to cause inflation pressures build.
COMPANIES have a mountain of cash a regular HORDE they tell us, so why do most fell the best way to use it, is to buy back stock which helps inflate earnings?
If the economy was so HOT TO TROT, why can't the FED raise the funds rate one scinitila?..."gotta keep this resounding revival going...." yeah because if THEY even take one moment of breather and foot slips off gas pedal....the curtain comes downs, the facade melts away and the lies are exposed.....or THEY WOULD ALREADY HAVE DONE THAT after a 100% goosing of the only asset class they seem to care about
Duratek rant over
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