The Smell of Collapse is in the Air – Part 2
By GE Christenson
Wednesday, 25 September 2013
CAUTION! Before you continue…
· If you believe that total government debt can grow FOREVER and more rapidly than the underlying economy, this article is NOT for you.
· If you believe that governmental deficit spending, QE, and bond monetization can continue FOREVER without major consequences, this article is NOT for you.
· But if you are sane enough to know that our current economic policies will produce a “train wreck,” read on…
The U.S. economy is being overwhelmed by a loss of faith and trust in politicians, government, and bankers, excessive debts, artificially low interest rates, unsustainable deficit spending, expensive wars, QE (money printing) to infinity, “Inflate or Die” monetary policy, potential derivatives implosion, Obamacare and so much more. A slow-motion collapse is occurring and most of us do not see it. Consider these thoughts from insightful writers:
Collapse Indicated by Stalling Growth in Global Financial Reserves: