You only find out who’s been swimming naked when the tide goes out. The Federal Reserve and their cohorts in central banks around the world blew the biggest debt bubble in the history of mankind. Beneath the bubble is always massive fraud and swindles. The curtain is being raised and the culprits will be revealed. Will you allow the oligarchs to screw you again with a taxpayer bailout? Or will you finally revolt and hang the bastards from lampposts?
“The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and crash, driven by the insiders having exited but the sucker outsiders hanging on hoping for a revivial, but finally giving up in the final collapse.” – Charles P. Kindleberger
“What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been as they should have been, that it is time to stop and see how they truly are. The making known of malfeasance, whether by the arrest or surrender of the miscreant, or by one of those other forms of confession, flight or suicide, is important as a signal that the euphoria has been overdone. The stage of overtrading may well come to an end. The curtain rises on revulsion, and perhaps discredit.” – Charles P. Kindleberger
When the tide goes out, the stupid swindled Goy are exposed but TPTB just sail off in their yachts.
According to Stucky, the frauds and swindlers are those who exploit people in church on Sundays.
The scenario is as follows: First, ‘Free Marketism’ Second, ‘Socialism’ Third, ‘Fascism’ and lastly, ‘Dictatorship’ and the cycle repeats.
Some Hitler or Trump will come out and blame the current monetary catastrophe on China, speculators, or what ever you name it and the Sheeple will eat it up and rally around some despot that promises to make things right and better by punishing what ever scapegoat is posited as the cause. But thing will not get better but go form bad to worse.
Adhere to a flawed philosophy, ignorant of reality, and you will get flawed results which usually turns out badly.
The stock market (Dow) fell today almost 1,000 pts. and all the financial newscasters were out in force giving the unwashed many hope and reasons why now is the time to buy. Hahahah!
Irelia says: “According to Stucky, the frauds and swindlers are those who exploit people in church on Sundays”
Yes, but then again and also according to Stucky, dragging one’s knuckles whilst walking is socially acceptable behavior.