Let Me Warn You?

Following up on Trust Me On The Sunscreen?
This economic singularity or bankers black hole is sucking everything in and will continue to do so. We have been in the accretion disk, and the event horizon lies ahead. No turning back, too late as gravity takes its toll. Its not sustainable, and like STUPID, there is no cure or pill for it, its forever... 
Like the Phoenix, for this economic house of cards to be "cured", unlike past bail out efforts nature must be allowed to take it's course.  Let the unhealthy economic entities burn down to the ground, replete with repudiation of sovereign and corporate debts. Only then, can an attempt be made to resurrect a durable economic foundation in a proper fashion.
One more thing... 

Trebek queries... This basic right of life has been misappropriated as a commodity and asset form which speculators have perverted into something that has been grossly mistaken for organic economic output which has masked the gradual morphing of our economic base. 


Alex, what is sticks n bricks or a home. 


The solution? Seek margin in video games or cars or stereos or durable manufacturing, not financial instruments tied to the necessities of life. When you turn your own backyard into a major source of wealth, that's when the trouble starts. 


Here is the primer which explains the condition of our economic condition, There Is Something In This More Than Natural, read them in order, pay heed and abide.  


Speaking of which, no one can say that this is something new, or the first time and we were not warned about letting bankers run wild, political parties and their campaign promises, and the consequences thereof well in advance... 




More to come in Lunar New Year For Old Blind Men? Stay tuned, no flippin.

Recommended reading:
Timing Is Everything?
Know Your Limitations?
Parting The Red Sea?
A Little Shop Of Horrors? 
Where's Your Messiah?
Rapture?
Ro-BUST?
Beware The Ides Of Winter?
Meddling With Powers?
The Perfect Storm?
Begin The Benign?
A Case of Tape-r Worm?
Beware The Ides of Winter Early?
A Disturbing Lack of Faith?
Canary In A Coal Mine?
FreeTrade Warning?
Global Economy Down?
Wear Sunscreen?
Trust Me On The Sunscreen?

Comments

Salmo Trutta said…
As Paul Volcker said, pg. 227, in his book "Keeping At It": "The real danger comes from encouraging or inadvertently tolerating rising inflation and its close cousin of extreme speculation and risk taking.