TRUTH IS TREASON IN THE EMPIRE OF LIES. -- G. ORWELL

TRUTH IS TREASON IN THE EMPIRE OF LIES – G. ORWELL

If you’re wondering how the stock market can continue its upward climb against a declining world, one need look no further than Quantitative Easing III.

     I realize that our Federal Reserve Bank has not announced it as such, because they haven’t.   They don’t have to, because the rest of the world is doing it for them.

     And all the liquidity being produced by over half the central banks of the world is going to what is still the safest haven for wealth in the world, and that is America; specifically, American equities.  

     What is interesting is that this flow is slowly weaning itself from U.S. Government bonds and increasingly into precious metals (PM) like gold and silver.   These prices are also kept in line by manipulation of metals warehouses and PM, ETF’s, controlled by a chosen few banks like J.P. Morgan and Goldman Sachs, but for how long?

     The empire of lies upon which everything is built requires more and bigger lies growing exponentially by the day.   Below is a chart of employment from the St. Louis Federal Reserve Branch that provides a great deal of good, solid data.   Data that the Bureau of Labor (Lies) & Statistics bends like a pretzel, creating window dressing to compliment an empire built upon lies. 

   

    It’s hard to miss; unemployment has dropped from 10% to 8.3%, bringing employment equal to the 140,000,000 working stiffs employed in 2004 and 2009.   It’s a wonder how this can be when over 6 million Americans have been added to the labor pool since 2009.   It’s easy, you just remove people from the column of those people seeking work. 

    According to the Bureau of Lies and Statistics, millions of people have died or, or, or,…. you get the point, yes?

    The question is then, how long can the government, any government continue operating a house of cards like this?

    It’s an interesting answer.   One, is it will continue on until the market refuses to buy their deficit operating bonds because a country’s debt becomes roughly 130% larger than its Gross Domestic Product, unless someone like the Federal Reserve Bank steps in and buys said bonds with money created with the strike upon a computer keyboard.  Eventually, this leads to the other point of termination below.

    The other termination point is when people are stretched to the point of bankruptcy due to the erosion of inflation upon not only they’re savings, but their ability to pay their bills.   Because eventually, people go hungry or get tossed into the street, like what is occurring in Greece today.

    What’s important to America, is where is that point when debt crosses a country’s ability to eventually service that debt in the future.   Clearly, Greece is at the magic 130 figure of insolvency, but at what point did the scales tip to this inevitability.

    That point is when debt surpasses a nations GDP, or in other words, when it exceeds  100% of a nations GDP.   This is a point Greece crossed a few years ago, and a point which America crossed last year.

    The next important point is the historic definition of a revolution, which if you’re familiar at all with my work, is defined as a governmental bankruptcy, because this is exactly what a revolution is:  And yes, this means that what is happening in Greece, will happen in Europe, China, Japan, and the United States of America.

    This is also the reason why revolutions never go backwards, but always go forward, because the progression of debt always goes forward, and never backward.

    So drink up Shriners, drink up while the drinking is good.

    Serfs Up America!