Financials Pull Stocks Higher
China Takes Steps to Break Sway of Mighty Greenback - Do you remember when you thought this would never happen?
The Doctrine of Preemptive Bailouts and the Biggest Bailout You Haven't Heard About. "...this is a disturbing new development in our bailout nation since this is one of the first times that the U.S. Treasury will try to preemptively deal with a financial problem."
Geithner Says Global Economy to Suffer Setbacks During "Recovery" - this has plausible deniability written all over it, i.e., "I told you there'd be setbacks."
Debt Deflation: The Reason Why Government Economic Stimulus is Doomed to Fail
Momentum Builds Toward Possible End of Federal Reserve - a day late, and a US dollar short.
The Shamans Economic Solution: Why Failure is Imminent
What's the Real CPI Inflation Rate?
Don't read this unless you are a scholar of one sort or another. All others, your heads will explode. Below is an excerpt.
Boomers: Winter is Coming
Barack Obama became the 1st Generation Xer to be elected President of the United States. His background is a classic Nomad story. He has lived the life of a wanderer, living all over the globe, a child of divorce, fatherless, raised by grandparents, and a free agent in his career. Generation X grew up as abandoned children and alienated young adults. Generation X leaders will be pragmatic, savvy and practical. Obama has proven thus far to be pragmatic and able to get his agenda initiated. Previous Nomad leaders who proved to be highly competent doers during a time of Crisis include Dwight D. Eisenhower, George Patton, and Harry Truman. You may not agree with Obama’s plans or policies, but it is clear to anyone that he is an intelligent, pragmatic man that will institute dramatic change in the policies of the United States.
It is very likely that Barack Obama will lead the country into the next Crisis. He will not lead us out of the Crisis, as it is unlikely to subside until 2025. As the Unraveling transitions into Crisis the apathy reflected in historic low voter turnout will reverse itself as Americans become mobilized by the Crisis. The economy always undergoes wrenching transformations during a Crisis. The U.S. economy will likely be racked by panic, depression, inflation and war. We have witnessed a preliminary financial panic, but the real panic will be much more traumatic. The separateness and blame witnessed during the Unraveling will transform into gathering and family togetherness. McMansions will become useful as three generations will more frequently live under one roof. Immigration will decline as the population will fear outsiders and place strict restrictions on foreigners entering the country. During the coming crisis, our culture will likely be cleansed, censored, and harnessed for the public good. The current ongoing financial debacle will ultimately contribute to the Crisis causing trigger of a worldwide oil shortage.
Saturday, July 18, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment