The U.S economy is a drug addict that is currently addicted to “printed U.S funny money” by the U.S Federal Reserve. Ben Bernake is the drug pusher injecting printed money into the bonds and stock market creating an “illusion” that the U.S economy is in so called “recovery”, but the reality is that U.S is deteriorating.
Think about it, if the stock market rises and rises, do you feel richer if you are a normal “joe blow” who is possibly unemployed and doesn’t invest in stocks?
This is the second big drop in the last month. Earlier, the Nikkei already entered BEAR market territory by dropping just over 20%. This week, it looks like it drop even more.
Like the video above says, I also feel that this is the start of a big negative sentiment and negative turning point for the world economy. Japan cannot print out of the two decade long stagflation and neither can the United States.
The business of America is war (which has bankrupted the United States) and the business of China is “business”.
The lessons for the future are in the lessons provided by history. Just as history have shown that Nazi Germany had a delusion of taking over the world, much like the American Empire today fighting cloaked / secret wars under American citizens noses. The United States has been bankrupt for many many years now, taking taxpayers money to use for war.
The last year or so the stock market up trend has been fueled by “monopoly” money, yes printed U.S dollars from the American Federal Reserve has printed 85 billion U.S dollars a month and injected it into U.S Treasury bonds and the stock market.
See weekly charts below:
You see the economy is not getting better, the U.S controlled mainstream media has been lying to the world. Sooner or later, the printing press for U.S dollar stops, the manipulated stock market will crash big time.
This is a great run down of how banks can get away with manipulation of trillions of dollars. It shows that governments cannot be trusted, governments will protect banks for frauds committed against citizens.
Governments will bail out banks when they screwed up, and also protect high up bank executives from going to jail. This is the two tier justice system we live in, both in Canada and else where in the world, the corrupt rich and wealthy bankers and politicians get special treatment.
If so many wealthy people are on the sidelines, concerned more about wealth preservation than taking risk to make some yield. Then the question is who is driving up the stock market?
Max Keiser discusses why Bitcoin and other crypto currencies like LiteCoin, TerraCoin will challenge both governments and the big banks that controls the world.
If you are a multi-millionaire today you are doing fairly well, but if you are the normal Joe and Jane on the street the current economic policy and job situation in America is not great. To release a movie like “The Great Gatsby” this summer would be to again dangle a carrot in front of the poor to the middle class citizens of America. It is going to end in disaster like it did the last time around.
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