HyperDEFLATIONARY Death Race 2000…”The middle class has been squeezed. The engine behind real growth is gone. Generations to come have been bled dry already.”
SilverDoctors.com
June 11, 2015
HyperINFLATION, HyperDEFLATION, or BOTH?
Submitted by Dr. Jeffrey Lewis, Silver Coin Investor:
It is quite fascinating that the ultimate case for continued equity and bond price growth comes from the unspoken assumption that we will get another round or rounds of QE.
This open assumption is that things are so good that we are about to move into perpetual growth mode as the recovery breaks away into the growth.
I suppose this is easy to believe when the backstop is still there. Or that the headline numbers will never be allowed to never turn down again. Alas, very few seriously question the true source of that growth – artificial stimulus based on nothing.
Except for strength of tiny porcelain tea cup sitting at the edge of a table set upon the world’s most active and dangerous fault line – confidence.
The underlying macro data – the reality of growth or lack thereof against the faith, or the ‘smart money’ consensus, is yet another story that would otherwise guide the crucial understanding of where we are in the grand scheme – and what we can do.
Combine this with the open fact that as of May 2015, 93,194,000 million Americans are currently not in the labor force.
Is the retirement wave? No. In fact that segment has remained fully employed. The long held age wave boom cycle ‘deflationista’ guarantee once again falls flat. This hollowing out of productive capacity is the human component and the most important representation of just how disconnected from reality we’ve become.
The middle class has been squeezed. The engine behind real growth is gone. Generations to come have been bled dry already.
Without the engine, there is no growth. Sadly, no growth means no debt service. No debt service is a direct threat to the systems of power. Without that, nature becomes a threat. If you aren’t, you are dying. There is no way they can let that happen.
The Rest…HERE
