The MARKET TRAP Is Being Set – With China, EU, UK, Japan etc. In Full Collapse Mode, Major Bank Failures Soon Followed by Bail-Ins And Extreme Money Printing. The Whole World Is Turning Japanese!
July 5th, 2013
It looks like the collapse is at our doorstep knocking. With China, EU, UK, Japan etc. in full collapse mode. I am expecting to see major bank failures soon followed by bail-ins and extreme money printing later this year.
Think of this as 1996+/- in Japan. Seven years in after the Nikkei went kaput. The Japanese Central Bank apparatchik probably though the same. Not, and deflation still kicking their behind 17 yrs later.
Moral of the story is – If you save the Bankster you impoverish a sizeable percentage of the present population and you kneecap economic growth for the next generation.
I remember about 10 yrs ago hearing about “parasite singles” in Japan. About 4 yrs ago, I started hearing ” herbivore males”. All these are sign of an economically dead generation. A good majority of the Japanese kids coming of age since the Nikkei collapsed are member of this generation. They really have nothing to look forward, except to see their parents dead soon to collect what ever inheritance they might get.
As the Clint Eastwood character said in Gran Torino – No Job, No Car, No Girl.