Consequences of Ignoring Economic Reality Are Dangerous
By: Goldcore
GoldSeek.com
Thursday, 31 May 2018
“We can ignore reality, but we cannot ignore the consequences of ignoring reality…”
Guest Post by Gary Christenson of Deviant Investor
The western world has ignored economic realities for decades.
It’s not a Republican or Democratic problem. Banking, power, fiat currencies, dishonest money and transfers of wealth are the issues.
The consequences of ignoring reality are uncomfortable and dangerous. However, most people prefer palatable, easy to digest and believable stories.
In the United States, the U.K., Europe, and Japan it is comforting to believe:
Debt has increased exponentially for decades and for over 100 years in the US. We want to believe debt will grow for another century. (It won’t.)
Governments want to borrow, spend their way into prosperity, and pretend and extend indefinitely. (Not likely.)
It is comforting to believe our politicians and central bankers manage our countries and currencies for the benefit of the populace. (Don’t plan on it.)
Every major country uses a central bank. It is comforting to believe central banks are necessary. That delusion benefits the banking cartel and the political and financial elite.
It is comforting to believe gold is not necessary. Per Warren Buffett, we dig it from the ground and store it in a vault. Russians and Asians know its value and always want more.
It is comforting to believe in paper assets, debt based assets, fairy tales and the Easter Bunny. Gold, silver, platinum, land, and other real assets survive. Gold thrives, paper dies.
These comforting beliefs are incorrect and will be proven false in coming years.
The Rest…HERE
