Scheiss storms
My contention is that the entire US financial engineering contraption is being dissolved, a crumbling pile of wreckage, with evidence of fraud throughout the structure. It is an historically unprecedented failure in innovation, a reckless extension to develop the inflation-based system. Such a system is destined for the scrap heap though, since every bubble in history suffered a contraction, this one no different, only bigger. The threat to the entire banking system has never been this great since the Great Depression. When comparison after comparison is made to magnitudes of this or fact factor never being so great since the Great Depression, one must raise the possibility that conditions are indeed similar and approaching such an outcome, but with central bank reactions assured. The Euro Central Bank infusion of $500 billion is such a powerful reaction, enough to soil the boxer shorts of any Deflation Theorist. My contention is that the inflation forces will ramp up considerably, in offset to the deflation forces building momentum, enough to create massive scheiss storms. The lightning, high winds, and resulting destruction will be enormous. Opportunity abounds.Full report.
<< Home