The Recovery!


One Last Look At The Real Economy Before It Implodes – Part 3

In the previous installments of this series, we discussed the hidden and often unspoken crisis brewing within the employment market, as well as in personal debt. The primary consequence being a collapse in overall consumer demand … around the world … lack of savings, an over-dependency on debt and welfare, the destruction of grass-roots entrepreneurship, a conflated and disingenuous representation of gross domestic product … a hollow shell of a system, vulnerable to even the slightest shocks.

This lack of structural integrity and stability is hidden from the general public quite deliberately by way of central bank money creation … counted toward GDP despite the fact that it is NOT … . Government debt spending also disguises the real state of poverty within a system through welfare and entitlements. The U.S. poverty level is at record highs … despite 50 years of the so called “war on poverty,” … (But) despite record poverty … we do not yet see the kind of soup lines and rampant indigence witnessed during the Great Depression (because) today, EBT cards and other welfare programs hide modern soup lines in plain sight. …

This third installment of our economic series will be the most difficult.  We will examine the issue of government debt, including how true debt is disguised from the public and how this debt is a warning of a coming implosion in our overall structure.  …

(More)

Advertisements

About icliks

Biding my time in central ms ... yours too, if ur reading this.
This entry was posted in Crash of 2015, economy, Financial World, Investing, Pandemonium, U.S. Politics and tagged , , , , , , , , , , , , , , , . Bookmark the permalink.