We Bring You This Critical Alert, Contributed By WealthResearchGroup.com and Their Founder, Lior Gantz, Who Our Staff Looks At For Accurate Economic Forecasting.
From 2009 to this present day, the central banks have implemented emergency measures for what investors thought to be policies that are only necessary in plights, and will only be embarked upon if a crisis seems imminent.
This has been all wrong; Jerome Powell has just made it abundantly clear that QE is now a normal part of the toolkit – same as negative interest rates, and I’m certain that the FED is commissioning their economists and analysts to model the impact of capital infusion/helicopter credit to large sections of the population.
Maybe, maybe, in 10-20 years from now, when we look back at this period, will we all grasp how we have all been witnesses to the most ridiculous centralized experiment in world history, but one thing is for sure: the laws of nature are perfectly clear that there is no such thing as RECEIVING WITHOUT GIVING.
Governments and central bankers can continue to extrapolate data about the future by using the past and sell themselves on the idea that if inflation hasn’t gone wild up until now, they can continue to print. Additionally, if the stock market hasn’t crashed so far in the past 10 years, it won’t collapse if debt keeps growing, but extrapolating is a recipe for fatal errors and for colossal failures.
It’s not just the Federal Reserve that is engaged in this financial terrorism that will enslave anyone who doesn’t understand the system, the ECB (European Central Bank) is a willing accomplice to the crime. In fact, if the two were opponents fighting for first place when it comes to abusing currencies, the ECB is worthy of being called the head of the currency printing unit.
During interviews, I’m constantly asked about this business expansion period and its surprising length, but the real issue here is that the results of this expansion haven’t been remotely sensational. Seriously, what does length have to do with anything? The more this cycle prolongs, the more middle-class demographics are getting marginalized and join the ranks of the poor, so what’s so wonderful about this?
I’m currently in Nice, France on the Côte d’Azur where tourists fill the promenade at all hours of the day. Strolling through the old town at night, there’s not even one chair available at the restaurants if one hasn’t made reservations in advance. When I frequent the beach clubs in Antibes or in Monaco, champagne bottles are priced like we’re running out of grapes.
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People are spending, not saving. I have no idea what the average person is thinking about this economy, but President Trump, with his tweets and the stock market’s legendary performance, has totally implanted in the minds of the populous that debt has NO CONSEQUENCE.
I pity the fool who has not been careful and has not been paying attention.
Also of importance is the reason that the stock market is not crashing: it’s mostly professionals that are invested, not the retail public. Professionals are much more cautious and don’t get careless and emotional as mom and pop investors do. Even now, when the markets are at all-time highs, sentiment is bearish:
Looking ahead 10 years, there’s no escaping the fact that governments and citizens will have to pay for the debt that was created in the past 10 years. The big question is how?
As I’ve said, it can only be through slashing spending with a machete, inflating the debts away, or doing nothing and waiting for the messiah to come.
Detach your own destiny from that of your country and of the average person; GET BUSY LIVING!
Life is too precious to allow others to dictate where you’ll end up; draft your own screenplay and act to the fullest with all the inspiration of your soul.
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