Desensitization: Leads To Apathy (Which Leads To Even Worse Problems)
Who would have believed that we would be in an investment climate where Central Banks are cheered as saviors when only a short time ago it was widely understood that they were a root cause of the very problems they are now claiming to have solved?
Who would have believed that in the United States of America politicians and bureaucrats would be proudly proclaiming the 'rescuing' of the American dream by saddling taxpayers with massive debt in order to bail out selected enterprises?
"D" The Letter Of The Moment!
Rarely in modern America have we seen the consumer really trim their debt but the conditions created by the bursting of the housing debt bubble have required many changes for most consumers. And regardless of the never-ending rhetoric you hear on the business media these days, the economy is stagnant for the most part and the stage is set for Deflation to take hold of the economy with a stranglehold, which will lead to collapsing prices across the board. ... more
A Bloodless Coup Only Appears Painless
It is obvious to me that the economic system around the world has been hijacked by the Central Banks, allowing them to conduct massive experimentations in monetary policy (in most cases, never-before-seen actions).. ... more