Counterfeit Economies Facing Waves of Insolvency, Bonds the Ultimate Malinvestment

Friday, October 26, 2012
By Paul Martin

By: Ty Andros
Market Oracle
Oct 26, 2012

The Mayan calendar points to the end of the world coming in December. It may not end on that date but major disruptions can be anticipated. CENTRAL banks have fully uncorked the printing presses to meet the waves of insolvency set to STRIKE the banksters, public servants and the elites. Transferring your wealth to themselves and their something for nothing societies to PAY for their moral and fiscal insolvencies.

There is an incredible number potential crisis in the short term (3 to 6 months); any one could spark a major financial, economic and political crisis by themselves. Taken together they practically GUARANTEE it. Fat tails and black swans loom. They really are only black swans and fat tails to Keynesian economists, for those of the Austrian camp they are PREDICTABLE and INEVITABLE! Look at this litany of UNFOLDING CATASTROPHES from a recent Financial Times:

The Rest…HERE

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