The Price Of Oil Is Collapsing Again: Economic Armegeddon Coming – Dave Kranzler
TheNewsDoctors.com
Thu, Aug 13th, 2015
An increase in the quantity of money and fiduciary media will not enrich the world. … Expansion of circulation credit does lead to a boom at first, it is true, but sooner or later this boom is bound to crash and bring about a new depression. Only apparent and temporary relief can be won by tricks of banking and currency. In the long run they must lead to an all the more profound catastrophe. – Ludwig Von Mises
The price of oil continues to collapse, reflecting a rapid contraction of the demand function connected with economic activity. This is a global phenomenon and the countries with the largest economies – e.g. China, the U.S., the EU and Japan – are contributing the most to the economic contraction.
The equity financial bubble in the U.S. continues to inflate today. It is setting up a crash that will take most of the country by surprise. It’s hard to see the truth when the only news to which you are likely exposed is propaganda-laced soundbytes seeded with lies and fraud.
Sorry Janet and Stanley, but this graphic below reflects information about the economy that clearly you are not picking up in your “ivory tower” econometric data pools and algorithms.
The Rest…HERE
