The Entire World Is On The Road To A Terrifying Weimarization
KingWorldNews.com
November 24, 2014
After a wild week of trading in which the Dutch announced the repatriation of 122 tons of gold, the man who made one of the greatest market calls in history sent King World News an incredibly powerful piece that warns the world is now on the road to what he calls a terrifying “Weimarization. Below is the remarkable piece from Ben Davies.
By Ben Davies Founder & CEO Of Hinde Capital
November 24 (King World News) – The Entire World Is On The Road To A Terrifying Weimarization
Overview of “Bubbleology”
On the 12th November 2014 – some 10 years after it was launched – lander module Philae which accompanied the Rosetta spacecraft touched down on Comet 67P/Churyumov-Gerasimenko (67P) to begin extra-terrestrial scientific observations. The on-board telemetry communicated back to Earth some 28 light-minutes away revealed that the lander had bounced twice off the surface of 67P. The first bounce may have lasted two hours and over 1 kilometre and is considered the largest space bounce in history which we would put it on a par with the incredible bounces in the US and Japanese stock markets this past month!
Back here on Earth Japanese monetary policy has similarly taken a giant leap forward for mankind by conducting its own scientific experiment. On the 31st October 2014 Bank of Japan Governor Kuroda-san implemented an addition to his ‘Qualitative & Quantitative Easing’ (QQE) policy begun a year ago. The surprise event was less the timing and magnitude but the clear brazen coordination of monetary and fiscal policy using the conduit of the Japanese Government Pension Fund to implement it. The QQE drove stock markets into a frenzied rally.
Central banks have been conducting a seemingly coordinated financial program of unconventional monetary policy – assuringly scientific in its nomenclature of QE and QQE – media commentators marvel at the boldness (stupidity) of policymakers ‘to go forth where no man has gone before’ and eradicate the spectre of debt deflation.
The Rest…HERE
