Archive for the ‘disaster’ Category

Workbook PDF at: https://dl.dropbox.com/u/32961642/EconomicCollapseWorkbook.pdf

Part Four Topics:

One Dollar of Capital Banking Paradigm

Denninger Axiom & Chart — Debt and GDP Change since 1980

The Debt Cycle — A Snake Eating Its Tail

Intelligent People Must Reassert Themselves as the Leaders of Society

The Rule of Law and Justice Must Be Reasserted

via The Economy Is Going To Implode Pt.4 of 8 – YouTube.

Downwards

Quantitative Easing II (or QEII), the pumping of $600,000,000,000 into the economy without any wealth creation, was, I think intended to get companies to spend the cash they are sitting on while they wait to see what the rules (taxes) will be before making any projections or planning how to use it. I’m quite sure that the knowledge their money will depreciate in purchasing power by 20% in the next few months will cause them to at least rethink their positions. Whether it will actually stimulate spending is less certain.

One thing is sure. It is going to infuriate anyone we owe, bondholders, those holding dollars, or that we have promised money. And as it trickles down to the general population and they notice everything is 20% higher there is going to be a lot of finger pointing going on in the political class. Hopefully it will cause that “screwy idea”/sarc of auditing the Federal Reserve to come to fruition. You do notice that the official announcement was held until after the election?

Time to review that Cloward-Piven strategy again.

Here are some links to “enjoy”/sarc:

Dollar at Risk of Crashing, Triggering Inflation

Brazil Ready to Retaliate for US Move in Currency War

U.S. dollar printing is huge risk -China

Germany Concerned About US Currency Moves

Fed bond move spurs backlash from Asia to Europe

Did this fool just call for a disaster to give Obama a chance to use Totus (Teleprompter of The United States) to reconnect with the American people?